VOL. XLIV

No. 09

26-February-2001

US/OPEC

RFG Squeeze Expected To Exacerbate US Summer Gasoline Shortage

With US gasoline stocks low and refinery turnarounds and falling margins expected to curb production in the near term, the refusal by a US court to consider overturning a Unocal patent for the production of reformulated gasoline (RFG) is expected to exacerbate US gasoline market tightness this summer. The American Petroleum Institute weekly stocks report issued on 20 February showed a 1.6mn...