Jet: LA rises a dime
7th May 2014
Los Angeles jet fuel price differential increased by 10 cents on Tuesday as traders found it difficult to come up with another product during major refinery work next to the airport.
Platts assessed Los Angeles jet fuel at NYMEX June ULSD futures plus 30 cents per gallon.
The increase started after in early April due to planned work on the Hydrotreater at Chevron's El Segundo refinery. This is planned to last nearly two months and in the first month alone the jet fuel increase is 34.5 cents per gallon.