Wednesday, June 29, 2022

GC feeds East's gasoline hunger

The Gulf Coast supplies major shipments of gasoline and distillate fuel to the East Coast. In March, the East Coast received an average of 1.9M barrels per day (b/d) of gasoline and 0.9M b/d of distillate by pipeline, tanker, and barge from the Gulf Coast. More than half of the refining capacity in the United States is located on the Gulf Coast, where more gasoline and distillate is produced than used. In contrast, the East Coast has little refining capacity, but uses the most gasoline. Since 2017, refinery capacity on the East Coast has fallen from 1.2M b/d to 0.8M million b/d. Transportation fuel markets are linked by the 2.5M b/d Colonial Pipeline and 720,000 b/d Products (SE) Pipeline (formerly the Plantation Pipeline). Inter-regional shipments and imports appear relatively high, but growth and limited refining capacity on the East Coast will likely contribute to product inventories remaining relatively low. (Source: iN Freight News 06/29/22) Significant volumes of gasoline and distillate move from the Gulf Coast to the East Coast | Hellenic Shipping News Worldwide

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