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Petroleum refining in the Americas: 1982 (in English and Spanish)

Journal Article · · Energy Detente; (United States)
OSTI ID:6791170

In 1982, while some refiners advanced rapidly toward flexibility and profitability, others fell farther behind the times. While all countries of the Western Hemisphere share the problem of balancing supply with demand for petroleum products, the differences in the way this problem is impacting their refining industries are dramatic. The world recession and persistently soft petroleum prices have stimulated progressive trends in the US, but entrenched most of its neighbors deeper in refining dilemmas. This updates the Energy Detente March 17, 1981 survey; the effects of economic slowdown are manifested in the data and field interviews. The second oil price adjustment of 1978-1979, as the Organization of Petroleum Exporting Countries (OPEC) terms it, brought in its wake a bevy of long-term logistics problems for refiners: Demand for oil is still falling, and forming new patterns - forcing the industry into retreat from prior commitments to capacity expansion. A map shows total installed refining capacity by country, and a table breaks down each capacity by type. A profile of three principal refined products (gasoline, diesel, and fuel oil) shows a grouping in three yield ranges for 20 to 35/sup 0/ and 36 to 55/sup 0/ API gravity. The Energy Detente fuel price/tax series is updated for countries of the Western Hemisphere.

OSTI ID:
6791170
Journal Information:
Energy Detente; (United States), Journal Name: Energy Detente; (United States) Vol. 3:15; ISSN EDETD
Country of Publication:
United States
Language:
English and Spanish