Surprise, Gasoline prices to increase
"MEXICO CITY To keep IEPS revenues expected in 2017, will be necessary to expand the band gasoline and diesel prices to offset the subsidy was necessary to apply this year. According to an analysis...
Forum Discussion
Not sure if this is relevant. An online article talks about US gasoline exports. I took a few specific excerpts from the article instead of posting the entire story. The website is below if you want to read the whole thing. Also, statistics and numbers from other listed websites indicate the majority of US fuel exports are from the Gulf Coast refineries going on ships bound for Mexico.
U.S. increase on exports of Gasoline reach record levels
http://www.financialbuzz.com/u-s-increase-on-exports-of-gasoline-reach-record-levels-596890
The increase of exports of gasoline may be aiding in reducing the nation’s oil glut on the margin. Last week the U.S. exported almost 6 million barrels of gasoline. The 811,000 barrels a day are almost twice the amount exported from the previous year, and a 30 percent increase from last week’s barrel count, according to the U.S. Energy Information Administration.
“It’s Mexico, Mexico, Mexico and Latin America. I guarantee that’s what it is,” said Tom Kloza, of Oil Price Information Service. Analysts state that Mexico has boosted its imports of U.S. refined gasoline, due to its refineries being less efficient and are running at 50 percent capacity.
“There was a significant amount of gasoline exports in the country. We’re exporting probably a record amount of gasoline for this time of year and that is helping keep inventories under control and probably the biggest reason we’re seeing these robust exports is due to refining problems in Mexico.”
Kloza stated that Mexican could be importing over 500,000 barrels a day from U.S. companies.
https://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=PET&s=W_EPM0F_EEX_NUS-Z00_MBBLD&f=W
https://www.eia.gov/dnav/pet/PET_MOVE_EXP_A_EPM0F_EEX_MBBL_M.htm
http://fuelfix.com/blog/2016/03/25/u-s-gasoline-diesel-exports-continue-to-rise/
U.S. increase on exports of Gasoline reach record levels
http://www.financialbuzz.com/u-s-increase-on-exports-of-gasoline-reach-record-levels-596890
The increase of exports of gasoline may be aiding in reducing the nation’s oil glut on the margin. Last week the U.S. exported almost 6 million barrels of gasoline. The 811,000 barrels a day are almost twice the amount exported from the previous year, and a 30 percent increase from last week’s barrel count, according to the U.S. Energy Information Administration.
“It’s Mexico, Mexico, Mexico and Latin America. I guarantee that’s what it is,” said Tom Kloza, of Oil Price Information Service. Analysts state that Mexico has boosted its imports of U.S. refined gasoline, due to its refineries being less efficient and are running at 50 percent capacity.
“There was a significant amount of gasoline exports in the country. We’re exporting probably a record amount of gasoline for this time of year and that is helping keep inventories under control and probably the biggest reason we’re seeing these robust exports is due to refining problems in Mexico.”
Kloza stated that Mexican could be importing over 500,000 barrels a day from U.S. companies.
https://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=PET&s=W_EPM0F_EEX_NUS-Z00_MBBLD&f=W
https://www.eia.gov/dnav/pet/PET_MOVE_EXP_A_EPM0F_EEX_MBBL_M.htm
http://fuelfix.com/blog/2016/03/25/u-s-gasoline-diesel-exports-continue-to-rise/
