Pacific Northwest Cash Gasoline Basis Firm in Thin Trade


   
   OAKHURST, N.J. (DTN) --- Cash gasoline basis in the Pacific Northwest 
continued to the upside Monday, carrying momentum from last week on the downed 
gasoline unit at Phillips 66's Ferndale refinery.

   Sources said prompt suboctane in the Pacific Northwest traded at a 22cts 
premium to New York Mercantile Exchange July RBOB futures, up 2cts.

   To the south, prompt CARBOB in the Los Angeles basin traded at 11.5cts and 
12cts premiums to July RBOB futures while July CARBOB traded earlier at an 
11cts premium to August RBOB futures.

    

    

   Dawn Gallagher, 1.732.531.4451, dawn.gallagher@dtn.com, http://www.dtn.com.




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