Customs about-face could make Bahamas key source for U.S. gasoline

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A massive oil storage facility in the Bahamas may offer nimble gasoline traders a new way to profit by shipping fuel in foreign ships from the oversupplied U.S. Gulf Coast to the gasoline-thirsty East Coast following a recent U.S. Customs ruling. The M…

A massive oil storage facility in the Bahamas may offer nimble gasoline traders a new way to profit by shipping fuel in foreign ships from the oversupplied U.S. Gulf Coast to the gasoline-thirsty East Coast following a recent U.S. Customs ruling. The March 6 judgment in favor of Buckeye Partners LP , which owns the Bahamas Oil Refining Company (BORCO) oil storage hub, allows traders to use lower …

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REFILE-Customs about-face could make Bahamas key source for US gasoline - Reuters

REFILE-Customs about-face could make Bahamas key source for US gasolineReutersThe March 6 judgment in favor of Buckeye Partners LP , which owns the Bahamas Oil Refining Company (BORCO) oil storage hub, allows traders to use lower-cost foreign ships to ...