Light Sweet Crude

Setting the Record Straight – U.S. Refineries Quickly Adjusting to a Changing U.S. Crude Supply

Writers have their bad days, and Reuters’ Market Analyst John Kemp apparently had one when he penned US refineries fast running out of flexibility on crude. Confusion, or a lack of understanding of the refining industry, is evident throughout Kemp’s...

/ October 10, 2014

Papers Can’t Handle the Truth: Refiners Have a Handle on Crude

Mark Twain once said, “If you don’t read the newspaper, you’re uninformed. If you read the newspaper, you’re misinformed.”  In the case of lifting the restrictions on crude oil exports Mr. Twain would be right. Recent op-eds in the New...

/ August 13, 2014

U.S. Refineries Competitive Positions

I recently participated at the Energy Information Administration’s 2014 Energy Conference, and during a panel discussion on world product trade, took the opportunity to address issues not raised in recent ICF and IHS studies that supported crude exports. Contrary to...

/ July 29, 2014

Refining Capacity Maxed Out? Bunk

In the course of just seven years, the United States has evolved from a future defined by energy challenges to one of enormous energy opportunities. U.S. crude production has increased by 55 percent to eight million barrels per day just...

/ July 24, 2014