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US refiners hoping gasoline margins remain high on summer travel demand



Memorial Day weekend in the US is expected to have the highest travel volume for the holiday in 10 years, according to AAA Travel, right at a time when refiners are cranking up capacity to churn out more gasoline. Jeff Bair, light ends team leader in the Americas, talks with Amanda Rayborn, who covers US Gulf Coast and Midwest gasoline markets, about gasoline prices -- both on the spot and futures markets and for consumers -- as well as cracking margins, unplanned outages, and what the summer driving season could hold for drivers in the US.


The following Platts assessments were discussed in this podcast:
Price Date
Unleaded 87 New York Harbor delivered 198.210 ¢/gal 05/15/2015
NYMEX RBOB June Platts futures assessment 205.99 ¢/gal 05/15/2015
Los Angeles CARBOB vs NYMEX RBOB 51.000 ¢/gal 05/15/2015
Alkylate vs waterborne 87 32.00 ¢/gal 05/15/2015
Light Louisiana Sweet spot crude (1st month) $65.520/barrel 05/15/2015


This is the latest in a series of weekly podcasts aimed at highlighting significant news stories from around the energy world. Check back every week for the latest update.


We welcome any feedback or suggestions for topics. Contact us at webeditor@platts.com.


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US Marketscan

US Marketscan provides you with a daily market overview of the major refined products in the United States delivered via e-mail. It carries spot prices for all key products traded in the US market. Gasoline, heating oil, jet fuel, residual fuel and naphtha prices are listed for the Atlantic Coast, Gulf Coast, Group 3, Chicago and West Coast markets. Each issue also includes insightful market commentary.

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