Gas Station Shortages Expected In Texas As Gulf Coast Premiums Hit Record Highs

Monday, August 28, 2017
By Paul Martin

by Tyler Durden
Aug 28, 2017

According to retail fuel supplier Mansfield Oil, short-term fuel supplies for Houston and San Antonio are significantly impacted by Tropical Storm Harvey.

Bloomberg reports that San Antonio and Houston supplies are at code red, while Corpus Christi was downgraded to code orange as terminals have come online already and limited spot supplies are available.

For now, reports a number of stations are still open, though prices are rising…

However, the Gulf Coast CBOB gasoline spread to NYMEX futures rose 9.50c to a 16.50c/gal. premium – the highest on record in data from 2012.

The Rest…HERE

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