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US benchmark gasoline price climbs on surging exports to Mexico

January 10, 2017 (5:43 mins)

Mexico’s higher gasoline prices for consumers are having a ripple effect through North American gasoline markets as the US exports more product to its neighbor. Josh Brown, editor for US gasoline markets, explains why Mexico’s domestic production is hobbled despite growing demand and how US prices are being pressured upward.

Related story: US gasoline exports to Mexico hit record high on refinery issues, strong demand

The following price assessment was mentioned in this podcast:
Price Date
Gasoline Unl 87 USGC Prompt Pipeline 159.82 US cents/gal 01/09/2017

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US Marketscan provides you with a daily market overview of the major refined products in the United States delivered via e-mail. It carries spot prices for all key products traded in the US market. Gasoline, heating oil, jet fuel, residual fuel and naphtha prices are listed for the Atlantic Coast, Gulf Coast, Group 3, Chicago and West Coast markets. Each issue also includes insightful market commentary.

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