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AM-96-04 PROSPECTS FOR THE U.S. ENERGY AND REFINING INDUSTRIES: MARKETS, PROFITABILITY AND KEY DRIVERS FOR CHANGE

Bruce F. Burke Vice President Chem Systems Inc. Tarrytown, New York

Format:
Electronic (digital download/no shipping)

Associate Member, International Member, Petrochemical Member, Refining Member - $0.00
Government, NonMember - $35.00

Description:

The United States refining industry has experienced an extended period of change covering the past 20 years. Growing regulatory requirements, combined with shifting market characteristics, have resulted in massive investments and significant and ongoing structural change. Despite excellent capacity utilization, recent profitability has been poor. Industry psychology can be described as depressed, with honest concern about the longterm attractiveness of domestic refining as an area for continued participation and investment. This paper provides an overview of how the industry arrived at these levels of poor profitability, examines the current situation and future drivers, and presents Chem Systems’ views on the outlook for domestic refining.

Product Details:

Product ID: AM-96-04
Publication Year: 1996