Inform
The end of an era for Philadelphia Refinery
This report is currently unavailable
Report summary
Philadelphia Energy Solutions plans to shut down the Philadelphia Refinery, the US East Coast's largest, following a fire and explosion on June 21st. The site has faced headwinds in recent years, as its lack of feedstock advantage made it difficult to remain competitive in the East Coast (PADD 1) market. The shutdown is seen as boosting margins for the remaining refineries in PADD 1 following the loss of approximately 125 kb/d gasoline and 110 kb/d diesel production in the region. European refiners are also positioned to capitalize as increased imports from Europe will be needed to meet demand during summer driving season with Colonial Pipeline capacity fully utilized from the US Gulf Coast.
Table of contents
- No table of contents specified
Tables and charts
No table or charts specified
What's included
This report contains:
Other reports you may be interested in
Commodity Market Report
Global products market weekly: Distillate markets ease despite ongoing global maintenance
Weekly review of global refining margins across NW Europe, the Med, US Gulf Coast, New York Harbour, Singapore and the Middle East Gulf.
$1,050
Insight
End of the road for China’s teapots - Asia's swing producers
Will China teapot refineries perform well in short term? what is the impact?
$900
Insight
The energy transition outlook for lithium
The outlook for the lithium market is strongly linked to energy transition and to electric vehicles in particular
$1,050