ExxonMobil Restores 11M Gallons per Day Joliet Capacity to End Fuel Spike

Commodities24 days ago

Production at the oil company's Illinois refinery is now running at full levels following a successful restart of the facility. ExxonMobil confirmed that the outage's end returns 11 million gallons per day of diesel and gasoline capacity to the market after a power failure halted operations for nearly two weeks.

The disruption pushed gasoline and diesel prices in the Great Lakes region up by nearly 65c/gal. Retail prices in Michigan, Indiana, Illinois, Ohio, and Wisconsin will continue to fall as the impact unwinds, though the BP refinery in Whiting, Indiana, remains partially offline for maintenance.

Mapped to your portfolio

Possible scenarios

55%Midwest Fuel Normalizes+0.0%
25%Tightness Lingers-0.0%
15%Joliet Suffers Setback-0.0%

Each figure is the modeled move of the S&P 500 if the outcome occurs. For information only. Not investment advice.

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ExxonMobil Restores 11M Gallons per Day Joliet Capacity to End Fuel Spike

In this story

ExxonMobil Joliet, Illinois Great Lakes region BP Whiting, Indiana

$XOMExxonMobil Holdings Corp.

Portfolio

SPY
State Street SPDR S&P 500 ETF Trust
100%

Portfolio

SPY
State Street SPDR S&P 500 ETF Trust
100%

Mapped to your portfolio

Possible scenarios

55%Midwest Fuel Normalizes+0.0%
25%Tightness Lingers-0.0%
15%Joliet Suffers Setback-0.0%

Each figure is the modeled move of the S&P 500 if the outcome occurs. For information only. Not investment advice.