Wednesday, 26 April 2017

Inflows of gasoline and diesel into the Midwest fall as demand flattens and production grows (4/26/2017)

Over the past 10 years, increased refining activity and flat demand in the Midwest (Petroleum Administration for Defense District (PADD) 2) have allowed PADD 2 refiners to meet a larger share of the regional gasoline and diesel fuel needs. As a result, shipments of gasoline and diesel into the region have declined, while shipments to other regions have increased. Favorable product price spreads, infrastructure changes, and abundant cost-advantaged crude oil have facilitated the shift in net shipment patterns. Despite these changes, the Midwest is still typically a net receiver of gasoline and diesel fuels from other U.S. regions, especially during the summer driving season and refinery maintenance. ... More »

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