October 2003

Trends and Resources

HP Impact: Refiners attitudes ‘optimistic’ compared to 1990s, says study

Oil refiners expect fuel supplies and prices to remain volatile around the US in the next few years. Refineries are working to churn out fuels at near capacity levels in response to ris..

Weirauch, Wendy, Hydrocarbon Processing Staff

Oil refiners expect fuel supplies and prices to remain volatile around the US in the next few years. Refineries are working to churn out fuels at near capacity levels in response to rising demand for petroleum products, according to a RAND study (www.rand.org). Most refiners expect demand for petroleum products to grow over the next two decades at the brisk rates seen in the 1990s and as projected by the Energy Information Administration, the report says. It also found that refiners question their industry's ability to keep up. To this end, many have called for greater regulatory flexibility. But "a few refiners are cont

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