By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Pipeline PulsePipeline Pulse
  • Home
  • Oil
  • Featured
  • Gas
  • Refining & Processing
  • Exploration
  • Pipelines
  • Drilling
Reading: Colorado refinery outage is inflicting larger gasoline costs in Rocky Mountain area
Share
Notification Show More
Latest News
USA Power Consumption Will Develop in 2025
USA Power Consumption Will Develop in 2025
Oil
WTI, Brent Edge Decrease in Uneven Commerce
WTI, Brent Edge Decrease in Uneven Commerce
Oil
India Plans to Spend B on Homebuilt Oil Tanker Fleet
India Plans to Spend $10B on Homebuilt Oil Tanker Fleet
Oil
Analyst Says Trump Primarily Walked Away from Russia-Ukraine Conflict
Analyst Says Trump Primarily Walked Away from Russia-Ukraine Conflict
Oil
Texas RRC Tightens Allowing Guidelines for Permian Disposal Wells
Texas RRC Tightens Allowing Guidelines for Permian Disposal Wells
Oil
Aa
Pipeline PulsePipeline Pulse
Aa
  • About Us
  • Advertising Solutions
  • Privacy
  • Terms of Service
  • Podcast
  • Home
  • Oil
  • Featured
  • Gas
  • Refining & Processing
  • Exploration
  • Pipelines
  • Drilling
Have an existing account? Sign In
Follow US
Copyright © MetaMedia™ Capital Inc, All right reserved.
Pipeline Pulse > Refining & Processing > Colorado refinery outage is inflicting larger gasoline costs in Rocky Mountain area
Refining & Processing

Colorado refinery outage is inflicting larger gasoline costs in Rocky Mountain area

Last updated: 2023/03/05 at 9:15 AM
2 years ago
Share
Colorado refinery outage is inflicting larger gasoline costs in Rocky Mountain area
SHARE


The one petroleum refinery in Colorado shut down in late December after sustaining harm from extraordinarily chilly climate, and it’s anticipated to stay offline for months to restore, the refinery proprietor and operator, Calgary-based Suncor, acknowledged.

The refinery outage might tighten the provision of gasoline and diesel in Colorado and, extra broadly, the Rocky Mountain area, resulting in larger retail costs for each. From the top of December to February 20, the typical retail gasoline value elevated 51% in Colorado and 27% within the Rocky Mountain area, in response to our Gasoline and Diesel Gas Replace, in contrast with a 9% improve in america general.

On December 24, Suncor shut down its 103,000-barrel per day (b/d) oil refinery in Commerce Metropolis, Colorado, simply exterior of Denver. Suncor introduced that excessive chilly climate earlier within the month had broken gear and that the repairs would require a full shutdown of the power and delay operations till the top of the primary quarter of 2023.

- Advertisement -
Ad image

Since December 26, the typical retail gasoline value in Colorado elevated by $1.39 per gallon (gal) to $4.10/gal, as of February 20. 

In line with our Refinery Capability Report, the Commerce Metropolis refinery is the one lively refinery in Colorado, probably the most populous state within the Rocky Mountain area. We estimate that Colorado accounted for 41% of whole gasoline gross sales and 25% of whole distillate gross sales (together with each jet gas and diesel) within the Rocky Mountain area in 2021.

The Commerce Metropolis refinery outage means the area should draw from current regional inventories and switch petroleum merchandise from different out-of-state refineries. Colorado has larger pipeline connectivity to different U.S. areas than different states within the Rocky Mountain area. So, transfers from the Midwest and Gulf Coast ought to decrease withdrawals from regional inventories.

Rocky Mountain inventories of gasoline and diesel gas began the 12 months nicely beneath the five-year common. Current low inventories current a further supply of uncertainty for costs within the Rocky Mountain area as a result of withdrawals are prone to proceed till manufacturing at Commerce Metropolis resumes. Increased costs might stimulate elevated refinery operations in Utah and Wyoming to compensate for the outage and backfill manufacturing that might have come from Commerce Metropolis.



You Might Also Like

Dow, Ambipar announce partnership to increase round financial system

Pepperl+Fuchs named Rockwell automation ecosystem award winner

Growing demand for gasoline brings uneasy steadiness

Qilak LNG plans $5B funding for proposed LNG facility in Alaska

IGS proclaims Iberfluid as new distributor for Spain and Portugal

March 5, 2023
Share this Article
Facebook Twitter Email Print
Previous Article Boris Johnson  new inexperienced levies on gasoline as costs attain new excessive, leaked doc reveals | UK Information Boris Johnson new inexperienced levies on gasoline as costs attain new excessive, leaked doc reveals | UK Information
Next Article Strike three: Shell scores its largest oil discovery but in world’s prime exploration hotspot Strike three: Shell scores its largest oil discovery but in world’s prime exploration hotspot
about us

Pipeline Pulse magazine is a preeminent digital publication in the petroleum industry, with a strong presence in the Middle East. Our esteemed digital publication is dedicated to providing cutting-edge insights on the international oil and gas industry, offering critical analysis of pressing issues and events, along with practical technology for designing, operating, and maintaining oil and gas operations.

Topics

  • Oil
  • Gas
  • Refining & Processing
  • Featured
  • Pipelines
  • Exploration
  • Drilling

Quick Links

  • About Us
  • Advertising Solutions
  • Privacy
  • Terms of Service
  • Podcast

Find Us on Socials

Copyright © Pipeline Pulse™ , All right reserved.

Join Us!

Subscribe to our newsletter and never miss our latest news, podcasts etc..

Loading
Zero spam, Unsubscribe at any time.

Removed from reading list

Undo
Welcome Back!

Sign in to your account

Lost your password?