May 2003

Trends and Resources

HP Impact: Feed quality, product spec changes affect refinery supplies

Over the next 5 to 10 years, many changes will affect the refining industry in the US and its ability to produce petroleum products and supply market demand. An EIA outlook presented by..

Weirauch, Wendy, Hydrocarbon Processing Staff

Over the next 5 to 10 years, many changes will affect the refining industry in the US and its ability to produce petroleum products and supply market demand. An EIA outlook presented by Joanne Shore at NPRA's recent annual meeting explores two such changes - feedstock quality and product specifications to produce cleaner fuels. US capacity is fully utilized. But this situation is relatively new. The industry experienced almost 20 years of surplus capacity up until the mid-1990s (Fig. 1). This surplus capacity diminished between 1980 and 1995. But since 1995, demand and capacity have grown by about the same volumes, with

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