May 1999

Columns

HPIn Processing: Uncertainties

As this issue of HP hits the "newsstands" (i.e., your desk), U.S. refiners are gearing up their operations for the summer driving season. This year, it officially starts after May 31. This season diff..

Nakamura, D. N., Hydrocarbon Processing Staff

As this issue of HP hits the "newsstands" (i.e., your desk), U.S. refiners are gearing up their operations for the summer driving season. This year, it officially starts after May 31. This season differs from past years in that refiners have much more uncertainty in terms of: 1) what short-term market effects will have on gasoline prices, and 2) what the formulation the future gasoline pool will take. In the short-term, a tighter gasoline supply and demand balance, combined with the prospect of slower refinery capacity growth, has created a market much more susceptible to volatile price swings. In the long-term, current legislation and rule making has brought into question the futur

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