December RBOB prices broke out above yesterday's inside day trading range during the early morning session. Perhaps some of the upside in RBOB prices comes from the extremely oversold conditions created during Monday's downdraft, as well as private industry data late Tuesday that showed a much larger than anticipated draw. Expectations for today's more definitive EIA data are for a draw of around 1.0 million barrels. A portion of the relative out-performance in RBOB compared to other products in the crude oil complex could be the result of profit taking on the December Heating oil vs. RBOB spread, which is off more than $0.13 from Monday's peak.