NY Harbor gasoline and ULSD cracks have strengthened since yesterday on the back of an outage of the Colonial pipeline, the largest fuel pipeline in the US which carries refined products from the Gulf Coast to the East Coast. The outage occurred on line 1, which moves around 1.5m b/d of gasoline. The shutdown is due to a potential leak, however, the duration of the outage is expected to be relatively short.^{1) 2)}

Colonial Pipeline’s line 1 is set to remain closed until Friday. The pipeline, which carries around 1.5m b/d of gasoline from the US Gulf Coast to the East Coast was shut earlier in the week following a leak, offering some support to gasoline.^{3) 4)}