RAND > Reports & Bookstore > Monograph/Reports > MR-1707

HomeGo to RAND HomeReports and Book Store Book Sale: Selected publications 40% off
Share

Document Information

New Forces at Work in Refining

Industry Views of Critical Business and Operations Trends

Cover: MR-1707 | New Forces at Work in Refining: Industry Views of Critical Business and Operations Trends

By: D. J. Peterson, Sergej Mahnovski

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.

See Also:

Support RAND Research — Buy This Product!

Paperback Cover Price: $24.00

Discounted Web Price: $21.60

Pages: 146

ISBN/EAN: 0-8330-3436-7

Contents

Summary PDF

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

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.

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.

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.

Permission is given to duplicate this electronic document for personal use only, as long as it is unaltered and complete. Copies may not be duplicated for commercial purposes. Unauthorized posting of RAND PDFs to a non-RAND Web site is prohibited. RAND PDFs are protected under copyright law. For information on reprint and linking permissions, please visit the RAND Permissions page.

The RAND Corporation is a nonprofit research organization providing objective analysis and effective solutions that address the challenges facing the public and private sectors around the world. RAND's publications do not necessarily reflect the opinions of its research clients and sponsors.

* RAND research is conducted across divisions, centers, and projects; these organizational components are represented in the "Related RAND Divisions" section above.

Stay Informed Subscribe to RSS Feeds Search RAND Publications View Cart