January 2012

Trends and Resources

HP Impact: Cloudy outlook

The North American energy industry faces a generally stable operating environment although ongoing sovereign and economic concerns are risks in 2012, according to energy sector outlook reports from cr..

Thinnes, Billy, Hydrocarbon Processing Staff

The North American energy industry faces a generally stable operating environment although ongoing sovereign and economic concerns are risks in 2012, according to energy sector outlook reports from credit-watch firm Fitch Ratings. Overall market conditions for the US refining industry are stable but remain vulnerable to further global economic weakness. Fitch anticipates that the dislocations in Brent-WTI spread, which dominated 2011 refiner results, will continue to be important but should decline in size as the resolution of capacity takeaway issues out of the mid-continent eases the bottleneck at Cushing, Oklahoma. As a result, traditional drivers of refining profitability should gain in

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