U.S. Refiners

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

U.S. Refiners Continue to Absorb Increasing U.S. Crude Production

The most recent Energy Information Administration’s (EIA) Short Term Energy Outlook shows that, in 2014 and 2015, U.S. refineries are absorbing the increasing U.S. crude oil production not only by continuing to replace crude oil imports with U.S. supply, but also...

/ August 18, 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