Terminal liftings decline; Dorian hovers over Bahamas
Dorian is now a Category 4 hurricane, hovering over the northwestern Bahamas and sitting just 110 miles east of West Palm Beach, Fla.
Florida is starting to feel the effects of those outer rain bands. The track is mostly in line with Sunday’s projections with the storm expected to hug the coast line putting Georgia and the Carolinas also in the cross hairs of the storm.
DTN projections indicate the storm is not projected to make landfall in the United States. Gasoline and diesel lifting from the terminals we are monitoring have started to decline except for Savannah.
The chart to the left summarizes the daily lifting volumes for regular gasoline from the four terminals we have been monitoring. As shown, the only surge in liftings occurred in the two Florida terminals when the storm was projected to make landfall in Florida.
Gasoline liftings subsided with changing projections. The Savannah terminal saw a modest surge starting on the Aug. 30 but has since subsided. Charleston has not experienced a surge outside of the normal daily lifting activity.
The first four charts show liftings of regular gasoline from two terminals in Orlando and Jacksonville, Fla., along with Savannah, Ga., and Charleston, S.C.
- Gasoline liftings in the two Florida terminals continue to decline with Jacksonville just about back to its pre-storm daily lifting range area. This suggest that residents may already be comfortable with their ability to get gasoline. In addition, wholesale prices remain steady.
- The Savannah terminal is now decreasing slightly and still remains at an above normal lifting level. Prices remain steady today.
- In the Charleston terminal there was a modest increase in gasoline liftings but within the historical lifting range while prices remain steady.
The second four charts show lifting of ULSD from terminals in Orlando, Jacksonville, Savannah and Charleston.
- As shown in all four charts, liftings and prices for ULSD have declined modestly, except for a small increase in Jacksonville. However, the lifting volumes at all four terminals are within the pre-storm daily lifting range – nothing out of the ordinary. Prices are steady.
I will continue monitor developments from DTN weather analysts and update as necessary.