How indexes have changed

Journal Article · Sun Jan 03 00:00:00 EST 1993 · Oil and Gas Journal; (United States)

OSTI ID:5574402

Farrar, G L

The accompanying table compares refinery construction and operating wages monthly for the years 1990 and 1991. The Nelson-Farrar refinery construction cost indexes are inflation indexes, while the operating indexes incorporate a productivity which shows improvement with experience and the increasing size of operations. The refinery construction wage indexes in the table show a steady advance over the 2-year period. Common labor indexes moved up faster than skilled indexes. Refinery operating wages showed a steady increase, while productivities averaged higher near the end of the period. Net result is that labor costs remained steady for the period.

• OSTI ID: 5574402
• Journal Information: Oil and Gas Journal; (United States), Vol. 92:1; ISSN 0030-1388
• Country of Publication: United States
• Language: English

Related Subjects

02 PETROLEUM
PETROLEUM REFINERIES
ECONOMICS
COMPILED DATA
EQUIPMENT
HISTORICAL ASPECTS
DATA
INDUSTRIAL PLANTS
INFORMATION
NUMERICAL DATA
020700* - Petroleum- Economics
Industrial
& Business Aspects