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Colonial Pipeline allocations return on higher demand, lower imports

Colonial Pipeline allocations return on higher demand, lower imports

FromOil Markets


Colonial Pipeline allocations return on higher demand, lower imports

FromOil Markets

ratings:
Length:
9 minutes
Released:
Nov 11, 2021
Format:
Podcast episode

Description

Demand to ship gasoline on Colonial Pipeline has outpaced available space since October, a first in 19 months. The Atlantic Coast has seen higher demand, and imports are low. The spread between offline gasoline prices at the end of Line 1 in Greensboro, North Carolina, and prices at the origin in Houston, Texas, have reached their widest seasonal level in the last three years. In the meantime, Gulf Coast shippers are paying a premium to ship their barrels as soon as possible. In this episode of the Oil Markets Podcast, S&P Global Platts gasoline editors Anna Trier and Sarah Hernandez discuss why this is happening and what the impact is on gasoline prices in the Gulf and Atlantic Coast regions.
Released:
Nov 11, 2021
Format:
Podcast episode

Titles in the series (100)

S&P Global Commodity Insights analysis of key oil price movements across the globe.