Ticker	Volume	Price	Price Delta
DJIA	15,303.10	+8.60	0.06%
S&P 500	1,649.60	-0.91	-0.06%
Nasdaq	3,459.14	-0.27	-0.01%

Ticker

Volume

Price

Price Delta

DJIA

15,303.10

+8.60

0.06%

S&P 500

1,649.60

-0.91

-0.06%

Nasdaq

3,459.14

-0.27

-0.01%

Ticker	Volume	Price	Price Delta
STOXX 50	2,764.29	-12.49	-0.45%
FTSE 100	6,654.34	-42.45	-0.63%
DAX	8,305.32	-46.66	-0.56%

Ticker

Volume

Price

Price Delta

STOXX 50

2,764.29

-12.49

-0.45%

FTSE 100

6,654.34

-42.45

-0.63%

DAX

8,305.32

-46.66

-0.56%

Ticker	Volume	Price	Price Delta
Nikkei	14,612.50	+128.47	0.89%
Hang Seng	22,618.70	-51.01	-0.23%
S&P/ASX 200	4,983.50	-78.95	-1.56%

Ticker

Volume

Price

Price Delta

Nikkei

14,612.50

+128.47

0.89%

Hang Seng

22,618.70

-51.01

-0.23%

S&P/ASX 200

4,983.50

-78.95

-1.56%

Gasoline in Los Angeles Weakens on Chevron Plant Startup

By Lynn Doan - 2012-05-07T22:23:39Z

California-blend gasoline in Los Angeles weakened for the second day after Chevron Corp. (CVX) reported a plant startup at the El Segundo refinery in Southern California.

Chevron, based in San Ramon, California, reported a plant startup at the 279,000-barrel-a-day El Segundo refinery, a filing with the California Emergency Management Agency showed. The company simultaneously reported unplanned flaring related to a breakdown to the South Coast Air Quality Management District.

California-blend, or Carbob, gasoline in Los Angeles slipped 0.5 cent to 27.5 cents a gallon above futures traded on the New York Mercantile Exchange, according to data compiled by Bloomberg. The premium for the fuel in Los Angeles narrowed 13 cents May 4 on thin trading.

“These are very routine notices and have a very limited impact if at all on the refinery,” Rod Spackman, a Chevron spokesman at the El Segundo refinery, said in a telephone interview. “The refinery is very much alive and well.”

California-blend, or CARB, diesel in Los Angeles rose 0.75 cent to a premium of 10 cents a gallon versus Nymex heating oil futures. The same fuel in San Francisco dropped 1 cent to 17 cents a gallon above futures.

San Francisco Carbob gained 1 cent to a premium of 39 cents above gasoline futures. Phillips 66 (PSX-W), Tesoro Corp. (TSO) and Royal Dutch Shell Plc. (RDSA) are performing maintenance on units at their Northern California refineries.

Conventional, 87-octane gasoline in Portland, Oregon, a benchmark price for the U.S. Northwest, rose 1 cent to 37 cents a gallon above futures. Low-sulfur diesel there was unchanged at 29 cents a gallon over heating oil futures.

BP Plc (BP/) is starting the 234,000-barrel-a-day Cherry Point refinery in Washington state after shutting the plant in February to repair equipment damaged by a fire and to perform a maintenance turnaround. The refinery is expected to resume operations over the next several days, a person with knowledge of the situation said today.

To contact the reporter on this story: Lynn Doan in San Francisco at ldoan6@bloomberg.net

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

Bloomberg moderates all comments. Comments that are abusive or off-topic will not be posted to the site. Excessively long comments may be moderated as well. Bloomberg cannot facilitate requests to remove comments or explain individual moderation decisions.