01 May 2014 | 09:18 UTC — Houston

SUBSCRIBER NOTE: Platts extends feedback period on the discontinuation of various USAC distillate assessments

Platts is extending to July 1 its industry feedback period on the proposed discontinuation of multiple US Atlantic Coast Distillate assessments. Platts opened this consultation on the future of the assessment on March 14, 2013. Platts is proposing to discontinue the following jet fuel and ULSD assessments in the Atlantic Coast: Boston cargo jet fuel (PJABL00) and ultra low sulfur kerosene (AAVTJ00); New York harbor jet fuel cargo (PJAAX00), jet kerosene low sulfur cargo (PJABK00) and ultra low sulfur kerosene cargo (AAVTH00); Buckeye Pipeline jet fuel (AAJNL00) and jet kerosene low sulfur (AAJNN00); New York Harbor ULSD cargo (AATGW00), Boston ULSD cargo (AATHD00) and Buckeye Pipeline ULSD (AATHF00). Additionally, Platts is proposing to discontinue the following heating oil assessments in the US Atlantic Coast: New York Harbor cargo No. 2 (POAEH00), Boston cargo No. 2 (POAEA00) and Buckeye Pipeline No. 2 (AAJNP00) assessments. These proposed changes in coverage are in response to evolving market conditions. Upgrades to refinery production and evolving fuel standards in the US mean that supply and trade of ultra low sulfur heating oil is increasingly common in the northeastern US, while traditional heating oil markets are naturally waning in volume. These assessments can be found on Platts Global Alert pages 480, 481, 482, 410 as well as US Marketscan and Platts Oilgram Price Report. Please continue to send comments and feedback to americas_products@platts.com and pricegroup@platts.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.