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Category: Weather
Dorian creates power outages, decline in gasoline demand
Category 2 Hurricane Dorian is moving north and influencing gasoline and diesel liftings and demand.
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Dorian impact – Florida gasoline liftings, demand plummet
Hurricane Dorian is forecast to remain offshore as it passes Florida and Georgia approaching the Carolinas. Gasoline and diesel liftings that we are monitoring have started to decline except for Selma, N.C.
Gasoline liftings mostly decrease as Dorian swerves away from Florida, Georgia
DTN expects Dorian will not make landfall in the United States at this time. Gasoline and diesel liftings of product from the terminals have started to decline except for Charleston.
Terminal liftings decline; Dorian hovers over Bahamas
The Category 4 Hurricane Dorian track is mostly in line with Sunday’s projections with the storm expected to hug the coast line putting Georgia and the Carolinas also in the cross hairs of the storm.
Gasoline liftings starting to decline ahead of Hurricane Dorian
Hurricane Dorian continues to track off the coast of the U.S. Gasoline and diesel liftings at the terminals DTN is monitoring have started to decline (except for Savannah).
Gasoline liftings remain above normal; prices flatten out
Liftings remain above normal in both Florida terminals. Prices are stabilized and only slightly higher. Wholesale prices seem to have flattened out and are now only slightly higher than where they were before the atypical lifting began.
Hurricane Dorian expectancy triggers gasoline price spike
Opportunistic gasoline prices spiked Friday in advance of Hurricane Dorian reaching landfall as Florida residents filled their tanks and possibly headed inland. The Orlando and Jacksonville charts, produced by DTN, reflect regular gasoline daily terminal liftings along with the wt. average rack price (solid blue line). The dotted line is a linear regression trend line.
Assessing Hurricane Dorian scenarios for oil & gasoline
Gasoline and diesel markets appear to be in good shape in advance of Hurricane Dorian reaching Florida shores. DTN is monitoring daily terminal volumes and prices once Dorian arrives and moves out.