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Update: world refining investments. The love-hate affair with the downstream

Journal Article · · Energy Detente; (United States)
OSTI ID:6593632
While international attention is on recent crude price crash fears and moves to tie crude-oil supply with refined-product demand through joint ventures, the oil industry's processing sector could be seen as the beneficiary of both. That has been the case, short-term. But refiners are still in a painful squeeze between narrow margins and rising costs. Where will needed future capital for the refining sector come from. This dilemma is discussed, noting the present profit squeeze. This issue also presents the following: (1) ED refining netback data series for the US Gulf and West Coasts, Rotterdam, and Singapore as of Oct. 7, 1988; and (2) ED fuel price/tax series for countries of the Western Hemisphere, Oct. 1988 edition. 3 figures, 6 tables.
OSTI ID:
6593632
Journal Information:
Energy Detente; (United States), Journal Name: Energy Detente; (United States) Vol. 9:17; ISSN EDETD
Country of Publication:
United States
Language:
English