US Gulf mogas spikes 30 cents on refinery outages

Newswire

NEW YORK, Sept 27 (Reuters) - Wholesale gasoline prices shot up about 30 cents in the U.S. Gulf as 25 percent of the nation's refining capacity remained down in the wake of two hurricanes in the past month Differentials for M3 conventional gasoline for prompt delivery rose to 75 cents over the October NYMEX futures screen from the 46 to 48 cents differential of late Monday, according to traders. About 25 percent of the U.S. refining capacity remained out of service after Hurricanes ...

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