Any idea why? We may expect a drop in cargoes, but none?

Edit: May it have to do with the severe weather of last month? Maybe they have no place to store more product. Sounds unlikely.

Edit2: Or is April the assigned month to toast Iran?

I've been predicting March 31 for the last two years, if it's gonna happen. Have to do it at the end of the heating oil season. Ultimately far more important than summer gas, and also competes with far more important diesel and jet fuel in the cracking towers. Don't forget, Iraq was March 22.

Let's see: Cheney is touring middle east, Saudi Arabia(surplus oil production--ppfff!), Oman(bases), Turkey(bases, but they will say no), Israel(fighter bombers). Rice and Gates go to Russia next week.

Could be interesting.

Bear in mind that if the USA should attack Iran, it would be an action considered by the leaders of the USA to be in the best interests of their country. From what I can gather, they believe that the USA will be worse off if Iran produce nuclear weapons than if they move with extreme prejudice to prevent them being able to do so even if it sends the price of oil to the moon. Militarily, the USA is currently king of the Middle East, and must remain so to remain king of the world.

The date of such an event would become the most famous date in the life of every single person alive, and every single person to be born thereafter.
It would become considered as the date of "Peak Oil" down to the minute, as world oil supplies would never recover to that level, IMO.
It would become a date that makes 9/11 seem like a non event in comparison.

I would speculate (wildly) that DC is off to SA to deliver King Thing the bad news and advise him to take one last joyride down to Ras Tanura for a few snapshots while it is still nice and shiny, as a dozen Iranian missiles may be putting a few dents in it in the not too distant future...

Israel considers it in the best interests of their country to deal with the Iranians - they have said so repeatedly.

Apart from the close ties between the neo-cons and the Israeli's, politically there is very little the Americans can do to stop them, and so may have decided to act themselves.

"Militarily, the USA is currently king of the Middle East" This is so wrong, I don't know where to start. The US is a criminal, bankrupt Empire in its last death thros. Its hubris is its worst enemy.