New Forces at Work in Refining
Industry Views of Critical Business and Operations Trends

Reports the results of discussions with high-level representatives of 40 refining firms, technology and service providers, research institutions, and other organizations selected for their prominent positions in the refining industry. Presents these representatives' understanding of issues viewed as critical to refined products markets and refinery operations currently and in the years ahead. Representatives suggested that the U.S. refining industry had entered a new era and they were generally positive about the future of their own operations, despite impending environmental regulations. Although they believe that the United States has sufficient near-term refining capacity base, they were concerned about regional market volatility and price spikes. Long-term supply-and-demand scenarios were viewed as highly uncertain. Refining leaders do not see their sector as technology-constrained, and they recommend that the Department of Energy (DOE) assume a more prominent policy role concerning refining and fuels issues. From the discussions, RAND identified a series of priority policy questions pertaining to refined product supply that merit close attention by DOE and other government decisionmakers.
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Document Details
- Copyright: RAND Corporation
- Availability: Available
- Print Format: Paperback
- Paperback Pages: 146
- List Price: $24.00
- Paperback Price: $19.20
- Paperback ISBN/EAN: 0-8330-3436-7
- Document Number: MR-1707-NETL
- Year: 2003
- Series: Monograph Reports
Contents
Summary PDF
Preface
All Prefatory Materials PDF
Chapter One
Introduction: A Critical Infrastructure PDF
Chapter Two
The Refining Industry and Petroleum Products Markets PDF
Chapter Three
Refinery Operations and Technologies PDF
Chapter Four
Regulatory and Financial Environment PDF
Chapter Five
The Refining Industry in a New Era: Key Findings and Policy Issues PDF
Appendix PDF
Supplemental
Supplementary Materials PDF
The research described in this report was conducted by RAND Science and Technology for the National Energy Technology Laboratory, the United States Department of Energy.
This report is part of the RAND Corporation monograph report series. The monograph/report was a product of the RAND Corporation from 1993 to 2003. RAND monograph/reports presented major research findings that addressed the challenges facing the public and private sectors. They included executive summaries, technical documentation, and synthesis pieces.
The RAND Corporation is a nonprofit institution that helps improve policy and decisionmaking through research and analysis. RAND's publications do not necessarily reflect the opinions of its research clients and sponsors.

