Russia sanctions may jeopardize US gasoline supply – Bloomberg ...News

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Russia sanctions may jeopardize US gasoline supply – Bloomberg
The looming EU ban on Russian petroleum products could lead to fuel shortages on the East Coast, the news outlet reports America’s Eastern states may face gasoline shortages this summer due to the EU’s ban on petroleum products from Russia, Bloomberg reported on Tuesday. According to the report, US seasonal gasoline storages are currently at their lowest levels in a decade. At the same time, the need for more careful maintenance of oil refineries in winter months is likely to further deplete reserves. Although the US is a net exporter of gasoline, most of the supply excess is on its Gulf Coast. Transporting the fu

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