USAC ULSK jumps as fuel switching, power demand drain stocks
Ultra low sulfur kerosene differentials jumped 20.75 cents/gal Sept. 8 in the US Atlantic Coast as buyers cite a sudden stock drain due to demand from peaker units that generate power in extreme temperatures, but in this case to combat the heat and not the typical cold-weather needs. Platts assessed USAC ULSK at NYMEX October ULSD futures plus 12 cents/gal,…