![]() With pipeline constraints and limited numbers of coast-wise compliant ships, however, the timing and degree of any possible increased shipping between the regions may be limited. The East Coast premium will likely prompt continued gasoline shipment from the Gulf Coast to the East Coast. Between June 1 and June 27, New York RBOB averaged a $0.13/gal premium compared with Gulf Coast RBOB, up from a premium of $0.08/gal last June. Despite the slight decrease, gasoline price premiums in the East Coast region compared with the Gulf Coast will likely support gasoline shipments to the East Coast.Īs of June 27, the spot price for New York RBOB was $2.55 per gallon (gal), a nearly $0.17/gal premium compared with Gulf Coast RBOB. June shipments from the Gulf Coast to the East Coast averaged 237,000 b/d (through June 23), down from 249,000 b/d in May. Gulf Coast to the East Coast are generally steady, although down slightly from the May average. Data from Vortexa Analytics indicate that waterborne shipments from the U.S. The extent that recent declines in gross inputs can be attributed to Bayway is unclear, but the combination of an offline FCC unit and lower regional refinery runs will limit the volume of gasoline supplied by regional refineries.Īside from refinery production within PADD 1, the region receives gasoline from pipeline shipments from other regions, from waterborne imports, and from waterborne shipments from the U.S. As of June 23, gross inputs into refineries in the East Coast region averaged 678,000 b/d, down from 806,000 b/d the week of June 2. Repairs to the FCC are expected to be made over the next few weeks, and gasoline production should increase once the unit is back online.Īlthough the Bayway refinery is expected to remain operational while repairs are made to the FCC unit, gross inputs into refineries in the East Coast region have fallen. At the Phillips 66 refinery in Bayway, New Jersey, the fluid catalytic cracker (FCC), primarily used for producing additional gasoline in refining, came offline and is expected to reduce gasoline production by 100,000 barrels per day (b/d), according to trade press reports. Following Walt Disney's death in 1966, the company's profits, especially in the animation division, began to decline.Gasoline inventories in the East Coast region have increased despite refinery issues affecting gasoline production. The character would go on to become the company's mascot.Īfter becoming a major success by the early 1940s, the company diversified into live-action films, television, and theme parks in the 1950s. Early in its existence, the company established itself as a leader in the animation industry, with the creation of the widely popular character Mickey Mouse, who first appeared in Steamboat Willie, which used synchronized sound, to become the first post-produced sound cartoon. ![]() Disney as Disney Brothers Studio it also operated under the names Walt Disney Studio and Walt Disney Productions before changing its name to The Walt Disney Company in 1986. Disney was founded on October 16, 1923, by brothers Walt and Roy O. The Walt Disney Company, commonly known as Disney, is an American multinational mass media and entertainment conglomerate that is headquartered at the Walt Disney Studios complex in Burbank, California.
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