Market and environmental protection forces threaten smooth transition to heavy crude: race against time

Journal Article · Wed May 28 00:00:00 EDT 1986 · Energy Detente; (United States)

OSTI ID:5622026

Two constructive forces are laying the foundation for a destructive situation: (1) lower oil prices for now-abundant conventional crude have shrunk the light-heavy oil price differential to destroy the incentive to invest in refinery upgrading with deep conversion facilities, while (2) the powerful movement to environmental protection will require massive investments by refiners for compliance with emerging regulations. It is the process technology sector that is left holding the bag, as this issue, continuing coverage of two refining meetings, shows. This issue also includes: (1) ED asphalt export prices to USA (1986 to date); (2) ED US posted asphalt price series, May 1986; and (3) US asphalt imports by country of origin, Jan., Feb., March, 1986. The ED Refining Netback Data Series is being reformatted and does not appear in this issue. Neither does the Fuel Price/Tax Series appear, but the Western and Eastern hemisphere formats are being updated and will appear alternately in future issues.

• OSTI ID: 5622026
• Journal Information: Energy Detente; (United States), Vol. 7:6
• Country of Publication: United States
• Language: English

Related Subjects

02 PETROLEUM
29 ENERGY PLANNING
POLICY AND ECONOMY
ASPHALTS
IMPORTS
PETROLEUM
PRICES
PETROLEUM REFINERIES
POLLUTION REGULATIONS
ECONOMIC IMPACT
STATISTICAL DATA
VISCOSITY
BITUMENS
DATA
ENERGY SOURCES
FOSSIL FUELS
FUELS
INDUSTRIAL PLANTS
INFORMATION
NUMERICAL DATA
ORGANIC COMPOUNDS
OTHER ORGANIC COMPOUNDS
REGULATIONS
TAR
020700* - Petroleum- Economics
Industrial
& Business Aspects
294002 - Energy Planning & Policy- Petroleum
290200 - Energy Planning & Policy- Economics & Sociology