Platts to discontinue US Gulf Coast gasoline summer supplementals September 2020

S&P Global Platts will discontinue its summer US Gulf Coast gasoline supplemental assessments, effective September 1, 2020. The summer supplementals, published March 30 to August 31, will be calculations derived from Platts' assessment reflecting an adjustment of 1 psi RVP.

From March 30, Platts will not reflect any bids, offers or trades for these grades in these assessments.

Platts published a proposal note on January 21, which can be found here: https://www.spglobal.com/platts/en/our-methodology/subscriber-notes/012120-platts-proposes-to-discontinue-us-gulf-coast-gasoline-summer-supplementals.

The discontinuation follows the announcement from Colonial Pipeline that it will no longer ship 7.8 RVP CBOB (A1), since Georgia received a US Environmental Protection Agency waiver in October 2019 allowing use of higher RVP fuel in the Atlanta area.

This leaves East Texas, which is not supplied by Colonial Pipeline, as the last remaining 7.8 RVP CBOB region in the southern US.

Colonial Pipeline stopped shipping 7.8 RVP conventional gasoline (M1) in the summer of 2016.

Platts last published summer supplementals from April 2, 2019, to August 28, 2019.

Platts will separately publish two assessments reflecting the value of 1 psi RVP for US Gulf Coast gasoline blendstocks. This assessments will be used to calculate the summer 2020 supplementals for 7.8 RVP pipeline CBOB (A1), pipeline premium CBOB (D1) and waterborne conventional gasoline (M1), prior to their discontinuation, assuming a linear RVP price curve. The subscriber note can be found at: http://plts.co/ibIx30qoMOB

The affected assessments are as follows:

These prices appear on Platts Global Alert pages 332 and in US Marketscan during the summer months. The main assessments for these and other gasoline grades will not be affected by the proposed discontinuation of the supplementals.

Please send comments or feedback to americas_products@spglobal.com and pricegroup@spglobal.com. For written comments, please provide a clear indication if comments are not intended for publication by Platts for public viewing. Platts will consider all comments received and will make comments not marked as confidential available upon request.