Margin turnaround at hand: reprieve for US refiners
After unseasonal US gasoline price deterioration during the summer driving months, a turnaround in rack (unbranded, undelivered wholesale) prices is helping to reverse the downward trend in refining margins on the Gulf Coast. In turn, the improved margins are buoying up light crude oil prices in the US Gulf Coast and strengthening spot-market prices. A graph tracks apparent margins on four important crudes utilized on the US Gulf Coast. August 1984 saw negative margins even for heavy Venezuelan Lagunillas (15/sup 0/ API) and Mexican Maya (22/sup 0/ API), but both were again positive in September. Energy Detente refining netback data for September 1984 are presented for the US Gulf Coast, the US West Coast, Rotterdam, and Singapore. The fuel price/tax series and industrial fuel prices are presented for September 1984 for countries of the Western Hemisphere.
- OSTI ID:
- 6486209
- Journal Information:
- Energy Detente; (United States), Journal Name: Energy Detente; (United States) Vol. 5:18; ISSN EDETD
- Country of Publication:
- United States
- Language:
- English
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Related Subjects
020400* -- Petroleum-- Processing
29 ENERGY PLANNING, POLICY, AND ECONOMY
294002 -- Energy Planning & Policy-- Petroleum
CARBONACEOUS MATERIALS
COAL
DATA
ENERGY SOURCES
FLUIDS
FOSSIL FUELS
FUEL GAS
FUELS
GAS FUELS
GASES
INDUSTRIAL PLANTS
INFORMATION
MATERIALS
NATURAL GAS
NUMERICAL DATA
OPERATION
PETROLEUM
PETROLEUM PRODUCTS
PETROLEUM REFINERIES
PRICES
STATISTICAL DATA
TAXES