US Cash Products-NYH, USG mogas steady; Midco down

NEW YORK, May 8 (Reuters) - New York Harbor gasoline held additional late Thursday gains on Friday while Midwest gasoline fell about a penny following news of a looming regional refinery gasoline unit restart, traders said.

ConocoPhillips (COP.N: Quote, Profile, Research) is expected to return to service one of the two fluid catalytic cracking units at its 306,000 barrel-per-day refinery in Wood River, Illinois, early next week after unplanned work, trade sources said.

The refinery, which has two units each of about 50,000 bpd, shut the unit late April for unplanned work. [ID:nN08511242]

Meawhile, Irving Oil said Thursday short-term maintenance underway on the gasoline-making FCC at its 300,000-bpd refinery inSaint John, New Brunswick, Canada would be completed next week. [ID:nN07382462]

The refinery supplies about 100,000 barrels per day of gasoline to the U.S. Northeast and Harbor gasoline rose about 3 cents per gallon early Thursday on the news of the shutdown before extending those gains by another penny late in the day.

"Not much going on beyond yesterday's numbers," a gasoline trader said.

In the U.S. Gulf Coast, gasoline moved back to previous levels after an initial 1 cent rise Thursday after Exxon Mobil shut an FCC at its 503,000 bpd refinery in Baton Rouge, Louisiana. [ID:nN08388723]

Alon reported a brief power outage at its Big Spring, Texas refinery Thursday. [ID:nN08455956]

On the energy futures market, U.S. June light crude was trading about $1 higher on Friday, with gasoline and heating oil futures posting smaller gains, on hopes that the economy may be poised for a recovery. [O/N]