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Title: U. S. refining margins languishing: Ominous undercurrent

Journal Article · · Energy Detente; (United States)
OSTI ID:7146114

In recent weeks, most petroleum product prices have plunged on both the US Gulf and West Coasts. Even though most crude oil prices have weakened as well, the refining sector ends 1991 on a powerless note. The problem: from 1992 forward, continued cast infusions will scarcely afford sufficient processing and capacity changes in preparation for dramatic Clean Air Act requirements, while reluctant demand will scarcely accommodate cost increase pass throughs. This issue updates prices and margins for several important crudes processed in the US and tracks recent product price trends. The issue also presents the following: (1) the ED Refining Netback Data Series for the US Gulf and West Coasts, Rotterdam, and Singapore as of Dec. 6, 1991; and (2) the ED Fuel Price/Tax Series for countries of the Western Hemisphere, December 1991 edition.

OSTI ID:
7146114
Journal Information:
Energy Detente; (United States), Vol. 12:21
Country of Publication:
United States
Language:
English