Venezuela's stake in US refining may grow: xenophobia addressed

Journal Article · Wed Sep 23 04:00:00 EDT 1987 · Energy Detente; (United States)

OSTI ID:6253017

Is this an invasion of U.S. oil industry sovereignty, or a happy marriage of upstream and downstream between US and foreign interests. Venezuela, a founding member of the Organization of Petroleum Exporting Countries who has also been a chief supplier to the US during times of peace and war, now owns half of two important US refining and marketing organizations. Many US marketers have felt uneasy about this foreign penetration of their turf. In this issue, for the sake of public information, the entire policy statement from the leader of that Venezuelan market strategy is provided. This issue also contains the following: (1) ED refining netback data for the US Gulf and West Coasts, Rotterdam, and Singapore as of late September, 1987; and (2) ED fuel price/tax series for countries of the Eastern Hemisphere, Sept. 19 edition. 4 figures, 6 tables.

• OSTI ID: 6253017
• Journal Information: Energy Detente; (United States), Journal Name: Energy Detente; (United States) Vol. 8:17; ISSN EDETD
• Country of Publication: United States
• Language: English

Related Subjects

02 PETROLEUM
020400* -- Petroleum-- Processing
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
DEVELOPING COUNTRIES
ECONOMIC IMPACT
ENERGY SOURCES
FLUIDS
FOSSIL FUELS
FUEL GAS
FUELS
GAS FUELS
GASES
INDUSTRIAL PLANTS
INFORMATION
LATIN AMERICA
MARKET
MATERIALS
NATURAL GAS
NUMERICAL DATA
OWNERSHIP
PETROLEUM PRODUCTS
PETROLEUM REFINERIES
PRICES
SOUTH AMERICA
STATISTICAL DATA
VENEZUELA