New York Draws Rare Jones Act Cargoes as Fuel Stocks Drop

By Chunzi Xu (Bloomberg) —

New York gasoline inventories are so low that suppliers are resorting to expensive US vessels to move fuel into the region and allay the potential for shortages. 

Vessels Oregon and Sunshine State are en route to deliver fuel from Texas and Louisiana to New York by the end of the week, according to Bloomberg vessel tracking. The cargoes are likely to be gasoline, according to energy consultancy Kpler.

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