Gulf Gasoline Strengthens After Flint Hills Shuts Hydrocracker

Gulf Coast gasoline strengthened after Flint Hills Resources LLC shut a hydrocracker at its Corpus Christi refinery in Texas.

The 305,000-barrel-a-day refinery flared gases yesterday as the unit was brought down after a leak was discovered in a heat exchanger, according to a filing with the Texas Commission on Environmental Quality.

The premium for reformulated, 87-octane gasoline in the Gulf Coast rose 0.25 cent to 7 cents a gallon versus futures traded on the New York Mercantile Exchange at 12:57 p.m., according to data compiled by Bloomberg. Prompt delivery slipped 1.55 cents to $2.5509 a gallon.

Petroleos de Venezuela SA’s Amuay refinery in Falcon state is operating after an incident at a treatment plant, a company offical, who isn’t authorized to speak publicly, said today in a telephone interview.

The refinery was never halted because of the incident, the official said, without providing additional details.

Reformulated, 87-octane gasoline in New York Harbor fell 0.25 cent to 6.75 cents a gallon versus futures. Stocks of reformulated gasoline, or RBOB, rose a second week on the East Coast, climbing 537,000 barrels to 17.2 million last week, Energy Department data show.

The discount for conventional, 87-octane gasoline in Chicago widened 1.25 cents to 7 cents a gallon. The same fuel in the Midwest, or Group 3, weakened 6 cents to a discount of 11.5 cents.

To contact the reporter on this story: Paul Burkhardt in New York at

To contact the editor responsible for this story: Dan Stets at

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.