Posted 10/13/2018 in Category 1

Hurricane Michael’s Impact On Gasoline Demand

Hurricane Michael’s Impact On Gasoline Demand

Michael’s long-term ramifications to supply are not yet obvious. Ports along the upper Gulf Coast and southern Atlantic Coast closed either completely or to inbound traffic starting Oct. 9. Restrictions on ports in Mississippi, Alabama, Florida, North Carolina, and Virginia remained as of Oct. 12, with Savannah and Charleston reopening Oct. 11. Gasoline supply in these five states relies upon waterborne barge movements from the U.S. Gulf Coast (PADD 3) and cargo imports. Read More