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Gold/Mining/Energy : Big Dog's Boom Boom Room

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To: Dennis Roth who wrote (164732)	3/26/2012 10:48:36 AM
From: Dennis Roth	2 Recommendations Read Replies (1) of 206178

FEATURE: Oceangoing barges could meet gap in US Northeast gasoline, ULSD supply Washington (Platts)--23Mar2012/455 pm EDT/2055 GMT platts.com A temporary shake-up of Gulf of Mexico shipping patterns, drawing on a fleet of 43 giant oceangoing tug-propelled barges, could meet the shortage of gasoline and ultra low sulfur diesel expected in the US Northeast if a third Philadelphia-area refinery closes this summer, according to shipping sources. Until a planned expansion of the North Carolina-to-New Jersey Colonial Pipeline is complete in 2013, the industry and the US Energy Information Administration expect waterborne shipments from Gulf Coast refineries to Philadelphia and New York to plug some of the gap. EIA said the Northeast might need to find alternate sources for 240,000 b/d of gasoline and 180,000 b/d of ULSD by 2013 if Sunoco closes its 330,000 b/d Philadelphia refinery. The company said it would shut the facility if it cannot find a buyer by July. [snip] more at link

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