US Gulf Coast gasoline differentials continued to fall in early trading Tuesday as the market cools off from “unsustainably strong” levels last week, traders said. Conventional gasoline on the Gulf Coast peaked at NYMEX October RBOB plus 15 cents/gal on August 25 amid concerns over tropical storms and supply availability stemming from unexpected refinery outages. That was its highest cash price since July 7, 2015. Prices dropped back down in the following trading days, with conventional grade heard to trade at NYMEX October RBOB plus 6 cents/gal Tuesday morning, down 2.75 cents/gal from Monday’s assessment. “Keep in mind [Gulf Coast prices] even at current values are still strong, but last week’s levels were unsustainably strong,” one trader said. Article Continues below… The Industry Leadership Award for Downstream is looking for companies with exceptional operational and financial performance in an ever-changing downstream environment. Nominate your company for a Platts Global […]