EIA Says Northeast Refinery Closures Could Lead To Fuel Price Spikes

February 2012, Vol. 239 No. 2

Recently announced plans to idle more than half of the regional refining capacity in the Northeast are likely to affect supplies of petroleum products in the region, with significant short-term impacts on supplies of ultra-low sulfur diesel fuel and gasoline, according to the Energy Information Administration. The likely result will be to increase the region’s dependency on Gulf Coast supply.

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