| Fresh regional wholesale gasoline close | ±1 / ±2 | At least 2¢, but under 5¢ = 1 point; 5¢ or more = 2 points. Moves below 2¢ are treated as noise. |
| Most recent older regional close | Up to ±0.9 / ±1.65 initially | An earlier ≥2¢ regional move can retain weight for up to 7 days, halving about every 96 hours. A timestamp-verified local cohort that has moved in the same direction reduces the remaining pass-through weight only insofar as the observed movement has not continued into the latest interval. |
| Newer national RBOB gasoline futures | Regional-close bridge: ±0.45 / ±1.25; no physical benchmark: ≤±0.35 | Where a locally relevant publicly available regional spot price exists but is awaiting a new close, newer national futures can be a cautiously weighted bridge. Where no representative publicly available regional physical benchmark exists (for example, Chicago/Midwest), national futures count for at most ±0.35 points, not as the leading regional predictor. In an unverified month-end futures-roll window they count for zero points. Regional PADD inventory, genuinely verified nearby repricing and relevant dated local supply news keep their full weights. PADD inventory areas are not themselves wholesale-price benchmarks. |
| Nearby station repricing | Adaptive confirmation: ±0.5 / ±1 / ±2; forward score adjusted | Direction and confirmation use the newest noon-to-noon interval exclusively. Verified physical matches require three complete noon snapshots and a ≥5¢/gal move supported by a newer source timestamp. For 6–7 matched stations, at least 3 moves and ≥40% same-direction share with strong agreement yield at most ±0.5 points; 8–14 require ≥3, ≥25%, and ≥3:1 agreement for at most ±1; for 15+ stations, an emerging move needs ≥2, ≥5%, and ≥2:1 agreement (±1), while corroborated movement needs ≥4, ≥20%, and ≥3:1 agreement (±2). The preceding daily interval cannot independently vote. It provides continuation/reversal context and helps cautiously adjust remaining pass-through: forward score = latest confirmation × max(0.20, 1 − 0.85 × same-direction non-reversed cumulative 48h share × (1 − latest-day share of those cumulative movers)). Reversals are counted in today's direction but excluded from the older cumulative wave. This is a heuristic, not a calibrated price forecast or a measured fraction of market repricing completed. Under 6 matches or inadequate coverage, the local score is zero. |
| Regional gasoline inventories | Variable, up to about ±1.05 normally | Based on the weekly stock change relative to the region's prior stock level. The initial release can get a 40% boost (up to about ±1.47) before a newer wholesale close. Influence halves every 4 days and stops after 14 days. |
| New supply disruption / recovery report | Up to ±2 initially | More significant region-specific reports carry 2 points, smaller or broad-region reports 1 point. Influence fades after 24 and 48 hours; reports older than 72 hours are retained as context, not a fresh directional vote. |
| WTI crude oil, when gasoline pricing is unavailable | Up to ±0.30 | Only a last-resort upstream clue. WTI crude is not a regional wholesale gasoline or station rack price. |
| Observed local 7-day retail trend | Up to ±0.35 context; ±0.15 if verified repricing is already directional | A regional seven-day average must move by ≥5¢/gal, have at least 6 dated observations and 60% daily-direction agreement, and still be moving the same way in at least two of the last three consecutive daily intervals, including the most recent interval. Then it makes a modest contribution to the same total as current wholesale, local repricing, inventories and supply news. Its weight is reduced when verified local repricing has already supplied directional evidence, to limit overlapping station-price information. It cannot independently reach the ±0.85 recommendation threshold, cannot override fresh major operational evidence, and is zero if the latest daily trend has reversed or cannot be verified. These weights are cautious heuristics, not calibrated coefficients. |
| National 10-session RBOB trend | Weak fallback only | Used only without meaningful fresh directional evidence or a verified ongoing local retail trend. Requires at least a 6¢ sustained move and substantial agreement across trading sessions; excluded during unverified futures contract-roll windows. Never a substitute for local station behavior or regional wholesale evidence. Seasonal fuel-blend context adds zero points. |