N.Y. Gasoline Strengthens After Sunoco Catalytic Cracker Work

Gasoline gained in New York after Sunoco Inc. (SUN) started work on a fluid catalytic cracker at the Marcus Hook refinery in Pennsylvania.

Work on the gasoline-making unit is expected to take about four days and resulted in minor emissions today, according to Kevin Sunday, a spokesman for the Pennsylvania Department of Environmental Protection.

The premium for reformulated, 87-octane gasoline in New York Harbor versus futures traded on the New York Mercantile Exchange rose 0.88 cent to 13.88 cents a gallon at 2:18 p.m., according to data compiled by Bloomberg. Prompt delivery gained 6.23 cents to $2.8876 a gallon.

Sunoco shut part of the unit for the maintenance, said Kevin Sunday, a spokesman for the Pennsylvania Department of Environmental Protection.

Thomas Golembeski, a Sunoco spokesman, didn’t immediately respond to an e-mail seeking comment. The plant has a capacity of 194,000 barrels a day, according to data compiled by Bloomberg.

The premium for the same fuel in the Gulf Coast shrank 2.25 cents to 2.5 cents a gallon.

Chalmette Refining LLC’s plant in Chalmette, Louisiana, is operating normally after a unit outage late yesterday, according to a company spokesman.

There was no impact on production from the incident, said Will Hinson, the spokesman. “Operations in this unit were restored several hours later,” he said.

To contact the reporter on this story: Paul Burkhardt in New York at pburkhardt@bloomberg.net.

To contact the editor responsible for this story: Dan Stets at dstets@bloomberg.net.

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