Primary Vision Network on YouTube

August 28th, 2020


The key points from the video transcript are as follows:

- There has been a drop in demand for gasoline and distillate, but the drop in distillate was not as large as expected.
- Demand for heating oil is not expected to increase significantly due to cooler weather.
- Trade in distillate is slow, with a slight increase in trucking.
- Demand for gasoline is expected to increase gradually due to upcoming spring breaks and holidays.
- Imports of distillate are slightly down, but there should still be draws in inventory.
- The diesel crack is under pressure and weakening, but still higher than previous years.
- Storage build-up and refiners coming back from turnarounds may push the crack down further.
- The US is facing challenges in competing with Russian imports due to sanctions.
- The US relies on the colonial pipeline for supply, and managing flows in Pad 3 is crucial.
- The international market is becoming more competitive, especially with Russian diesel.
- Brazil is considering importing diesel due to their own issues, and other countries may follow suit if the price is right.

Based on these key points, some appropriate hashtags and SEO tags could be:

#energyindustry #demandforecast #gasoline #distillate #dieselcrack #storagebuildup #internationalmarket #competitiveness #colonialpipeline #importediesel

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EIA (typically Wednesdays) – Senior Analyst Mark Rossano covers imports, exports and refined product data from the EIA on a weekly basis.

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