Company NewsIndustry NewsExhibition information
Higher U.S. Gas Production, Inventories Reducing Crack Spreads
Datetime: 2016-06-21    Visit: 644
U.S. refiners are shifting their output mix to increase the gasoline production share and reduce the distillate production share, which is increasing gasoline inventories and beginning to reduce the gasoline crack spread—the difference between gasoline futures prices and crude oil. Monthly average gasoline crack spreads are now lower than they were last year, according to the U.S. Energy Information Administration (EIA), the second consecutive month of year-over-year declines. While distillate crack spreads are also lower than last year, they are only 3 cents per gallon (gal) lower than the five-year average and have increased 9 cents/gal over the past two months. Changing gasoline-to-distillate production ratios are a contributing factor in the difference in crack spreads.

News from-valvemagazine.

"KP-LOK Electric allows us to do our jobs better. Without it, we couldn't keep up!"

Better Switching power supply

NewsLetter Email Address:
Contact With Us
KP-LOK,a world class manufacturer that can supply extensive product range includes needle,gauge,ball,manifold,monoflange,double block and bleed valves,our well-trained staff can respond to your needs quickly and competently, with technical application advice if requested. KP-LOK can satisfy the various demands of Oil & Gas, Offshore, Petrochemical, Power, Paper, Cement, Food, Building, Marine, Water Works and Industrial markets.
  • Copyright © KP-LOK Houston
  • Privacy Policy
  • Sitemaps
  • XML