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

by Tyler Durden
ZeroHedge.com
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, GasBuddy.com 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

This entry was posted on Monday, August 28th, 2017 at 1:31 pm and is filed under Oil, Weather. You can follow any responses to this entry through the RSS 2.0 feed.