October 2004

Columns

HPIn Europe: Keeping the barricades away from your refinery gate

What I like about reading Isaac Asimov (I'm on the last book of his classic sci-fi series) is the way it gets me to see the history in current events. This month, I've had a think about how history mi..

Wright, Tim L., Hydrocarbon Processing Staff

What I like about reading Isaac Asimov (I'm on the last book of his classic sci-fi series) is the way it gets me to see the history in current events. This month, I've had a think about how history might unfold for the European industry this fall and have included some advice about how to keep your refinery running should things come to the worst. As I write, West Texas Intermediate just hit $49.40 on the September contract. That's the most a barrel of oil has ever cost. I need only say the words Iraq, Venezuela and Yukos for you to agree that geopolitics is on a short fuse. Issac Asimov's so-called "psychohistorians" learn to predict the future based on analyzing historical events and the

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