Deadly vise tightens on US refiners

Journal Article · Wed Sep 16 04:00:00 EDT 1987 · Energy Detente; (United States)

OSTI ID:5991488

Crude oil price slippage of recent weeks has been exceeded by slippage in Gross Product Worth, the value of the refined barrel. Result: The spiral of operating margin deterioration of 1985 and 1986 is back - more insidious than ever. US product markets are falling, principally at spot and unbranded rack wholesale levels. This issue tracks crude oil margins and examines some elements making for a vicious circle of crude and product pricing. In the end, the refiners' quandary could translate into another 1986, with the higher-cost crude oil producers as the most serious casualties. This issue also contains the following tables: (1) weighted dollar value by product for total product barrel at several US and non-US locations; (2) ED refining netback data for the US Gulf and West Coasts, Rotterdam, and Singapore for early September 1987; and (3) ED fuel price/tax series for countries of the Western Hemisphere, September 1987 edition. 3 figures, 16 tables.

• OSTI ID: 5991488
• Journal Information: Energy Detente; (United States), Journal Name: Energy Detente; (United States) Vol. 8:16; ISSN EDETD
• Country of Publication: United States
• Language: English

Related Subjects

02 PETROLEUM
020700* -- Petroleum-- Economics
Industrial
& Business Aspects
29 ENERGY PLANNING, POLICY, AND ECONOMY
290200 -- Energy Planning & Policy-- Economics & Sociology
294002 -- Energy Planning & Policy-- Petroleum
CARBONACEOUS MATERIALS
COAL
DATA
ENERGY SOURCES
FLUIDS
FOSSIL FUELS
FUEL GAS
FUELS
GAS FUELS
GASES
INDUSTRIAL PLANTS
INFORMATION
MARKET
MATERIALS
NATURAL GAS
NORTH AMERICA
NUMERICAL DATA
PETROLEUM
PETROLEUM PRODUCTS
PETROLEUM REFINERIES
PRICES
STATISTICAL DATA
TAXES
USA