Feb 11, 2012,

Gasoline in the U.S. Northwest rose to the highest level in nine days after BP Plc (BP/) reported electrical maintenance on two gas compressors and flaring from a third unit at the Cherry Point (BPFECRUD) refinery in Washington state. Conventional, 87-octane gasoline in Portland, Oregon (MOGHD87P), strengthened 2.25 cents to 15 cents below gasoline futures traded on the New York Mercantile Exchange at 4:10 p.m. East Coast time, according to data compiled by Bloomberg. That’s the narrowest discount since Feb. 1. London-based BP shut two gas compressors at the 234,000- barrel-a-day Cherry Point refinery for electrical work that was scheduled to last until today, according to a notice with state regulators. The No. 2 reformer debutanizer tower flared for 10 to 12 hours Feb. 8 during testing, another filing shows.

California-blend gasoline, or Carbob, in Los Angeles (MOGLDB85) strengthened 1.62 cents to a premium of 21 cents versus gasoline futures, the highest level since Dec. 30. The same fuel in San Francisco (MOGSD85P) rose 3 cents to a premium of 12 cents against futures as San Antonio-based Tesoro Corp. (TSO) performed maintenance at the Martinez oil refinery in Northern California.

Houston-based ConocoPhillips (COP) reported a leak at the 128,000-barrel-a-day Rodeo (CPACCRUD) oil refinery in Northern California yesterday that forced a plant shut, according to a notice to county regulators.

“The situation has been completely resolved,” the company said in the filing.

By Bloomberg