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U.S. Refineries Raise Jet Fuel Output and Cut Gasoline Yield by 1.5 Points Each
U.S. refineries reduced gasoline yield by 1.5 percentage points and raised jet fuel yield by the same amount. The change resolved a jet fuel shortage without triggering summer supply problems.
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U.S. refineries reduced gasoline yield by 1.5 percentage points and increased jet fuel yield by 1.5 percentage points, @LiveSquawk reported. The adjustment ended the jet fuel shortage. The gasoline market is four to five times larger than the jet fuel market.
This size difference allowed the shift in output without creating new supply shortfalls. No summer supply disruption occurred during peak flight season, @LiveSquawk reported.
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