Major Reasons U.S. West Coast Fuel Prices are Volatile

The U.S. West Coast spot gasoline and diesel market is no stranger to dramatic price increases. But, what uniquely makes this market tick?

Because of distinctive market fundamentals and limited refinery players, the West Coast region has a relatively lean trading network compared to other spot markets. That lack of market liquidity can lead to violent price moves, like the one that took San Francisco and Los Angeles CARBOB basis differentials to record highs in September 2022.

Download this infographic for a breakdown of the key reasons why the U.S. West Coast refined spot market is so unique and understand the fundamentals that make this region tick.

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