appears NTI specific, NTI pps -4.8% and falling rapidly ; VLO +.75% or maybe it's PADDII specific (PADDII - Petroleum Administration for Defense District II = the Midwest) Every day this week, the WCS/WTI and Clearbrook (Bakken)/ WTI differentials have worsened and the CS in general has fallen a little bit Not a favorable trend for the SPP refinery.
On the positive side, PADDII gasoline and diesel stocks are below the 5 year average and year over year; the only district in the nation with this undersupply.
SPP - Saint Paul Park refinery = NTI's moneymaker WCS - western Canadian select crude (oilsands) = A SPP feedstock (I'm 90% sure of this) CS - Crack spread = Refinery margin
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