SUBSCRIBER NOTE: Platts to relaunch USGC Premium CBOB assessment

Platts confirms it will relaunch an assessment for US Gulf Coast Premium CBOB (also known as D grade) gasoline, effective October 1, 2015.

Platts proposed this relaunch in a subscriber note published September 18.

The assessment will reflect gasoline moving on the prompt cycle on the Colonial Pipeline with input at Pasadena, Texas. The assessment will reflect the lowest fungible RVP shipping on the pipeline.

Platts' decision to relaunch this assessment, which was discontinued at the start of 2015, reflects a notification from Colonial Pipeline that it will resume shipping the grade regularly.

This announcement followed the US Environmental Protection Agency's approval of Georgia's plans to remove the requirement to sell low sulfur, 7.0 RVP gasoline in the 45-county Georgia Fuel Area during the high ozone season, effective October 1, 2015.

The Atlanta Premium CBOB (T grade) is expected to be replaced by D grade CBOB as a result. Feedback responses from market participants have shown support in an assessment of this grade from October.

The assessment was previously published in the Platts assessment database under code AARQV00 for pipeline Premium CBOB. Platts will resume use of this code for the relaunched assessment.

The new assessment will be published in Platts US Marketscan, Oilgram Price Report, and Platts Global Alert page 330. Please send all further comments or questions 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 to the public upon request.