Increased waterborne oil shipments from the U.S. Gulf Coast to Florida reflect shifting population (10/25/2023)
Updated: 2023-10-31 22:11:07
Growth in Floridas resident population is driving growth in transportation fuel consumption and is increasing waterborne transportation fuel shipments from U.S. Gulf Coast refiners. Twenty-one percent of combined motor gasoline, distillate fuel oil and jet fuel leaving the U.S. Gulf Coast (PADD 3) for the East Coast (PADD 1), which includes Florida, was shipped by tanker and barge so far in 2023, compared with 18% in 2010, according to our Petroleum Supply Monthly (Figure 1). Although some tanker and barge shipments occasionally go to other states along the East Coast, almost all go to Florida. ...