Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Jan. 7 (Bloomberg) -- Gasoline strengthened on the U.S. Gulf Coast after Motiva Enterprises LLC shut a 325,000-barrel-a-day crude unit at its Port Arthur, Texas, refinery.

The crude unit, which is the largest of three at the refinery, shut after a small leak took place at about 2 p.m. yesterday, said Kimberly Windon, a Houston-based spokeswoman for the refinery. The company was attempting to restart the section after it closed for repairs following its May debut.

The most recent startup began Jan. 3, said a person familiar with the situation who asked not to be identified because he is not authorized to speak for the company.

Reformulated gasoline to be blended with ethanol on the Gulf Coast gained 1.5 cents to trade at 8 cents a gallon below futures on the New York Mercantile Exchange at 4:04 p.m. CBOB, or conventional, 85-octane gasoline, rose 2 cents to 13 cents below futures. Ultra-low-sulfur diesel in the region dropped 0.38 cent to a discount of 2.63 cents versus heating oil futures.

Following yesterday’s leak, Motiva’s crude unit was put on circulation, according to the person. When on circulation, the unit is kept running but no oil is processed.

Motiva is a refining and marketing joint venture of Saudi Refining Inc., a subsidiary of Saudi Arabian Oil Co., and Shell Oil Co., a unit of Royal Dutch Shell Plc.

To contact the reporter on this story: Christine Harvey in New York at

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

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.