|SThis year, we are seeing the impact that
gasoline quality specification change can have on imports. In particular, specification changes raise
the possibility of a drop in import levels and a shift of import source regions,
as some of these areas are possibly eliminated by their inability to produce
our new products.
|SThe volumes shown in this chart are imports
into New York and New Jersey, where imports have had to accommodate both the
lower sulfur level common to all U.S. gasoline (Tier 2 requirements) and the
elimination of MTBE in New York and Connecticut. Reformulated gasoline required in New York
and Connecticut now is produced by providing low RVP RBOB in the summer
months that is blended with ethanol locally before being distributed to
|SAs the chart shows, import volumes from
Western Europe have grown, while those from Eastern Europe and other regions
(particularly Latin America) have declined.
Imports from Canada and the Virgin Islands have increased modestly.