Clik here to view.
What Goes Up Must Come Down, and in the Case of Crude Inventories It’s Happening
Authors: John Mayes and John Auers Since the end of March, U.S. crude oil inventories have fallen by over 90 million barrels, equivalent to an average drawdown of almost 370 MBPD. This has happened...
View ArticleClik here to view.
“New Year’s Day” – A Look Back and a Peek to the Future
By John Auers and Robert Auers New Year’s Day was U2’s first hit single, both in the UK and internationally, and we believe it is very appropriate to use as the theme for our blog today – reviewing key...
View Article“The Coke Side of Life” – Changes on the Way in the Anode Coke Markets
By John Mayes and John Auers Opportunities and challenges come in many sizes. Some are large and may be announced with great fanfare. Responses for these can be carefully evaluated, and there is...
View ArticleClik here to view.
With the “World Turning”, European Petroleum Demand Returns to Growth
John Mayes and Robert Auers We chose Fleetwood Mac’s 1975 hit “World Turning” as the title song for this week’s blog. Much as the name suggests, the song describes the constantly changing and moving...
View ArticleClik here to view.
Tier 2 Gasoline Sulfur Credits – To Sell or Not to Sell, That is the Question
By Tom Hogan Current Sulfur in Gasoline Regulations The United States EPA has reduced the allowable maximum annual average sulfur content in gasoline twice. The annual average sulfur content maximum...
View ArticleClik here to view.
“Look What The Cat Dragged In!”
Written by: George Hoekstra, guest writer Mr. Hoekstra retired from BP in 2009 after working 35 years in refinery process research with Amoco and BP. Turner, Mason & Company welcomes Mr. Hoekstra...
View Article“We Can Work it Out” – Most U.S. Refiners Likely to Find Ways to Avoid “Worst...
By James W. Jones Last week’s guest blog by George Hoekstra of Hoekstra Trading highlighted the potentially serious economic penalties associated with meeting Tier III gasoline sulfur standards with...
View ArticleClik here to view.
“We come from the land of the ice and snow” – Can the World Follow Norway’s...
By John Auers and Robert Auers Immigrant Song, released in 1970, was the leading single from Led Zeppelin’s third album (Led Zeppelin III) and described the Vikings leaving Scandinavia in search of new...
View Article“I’d Love to Change the World” – Multiple TM&C Studies Analyze Impacts of...
By John Auers and John Mayes The past year was truly an eventful one for the oil industry, with major and potentially trend-setting developments in all segments of the business. In thinking about this...
View ArticleClik here to view.
“I Walk the Line” – Global Refining Industry Attempts to Keep From Over Building
By John Auers The profitability of all manufacturing businesses is highly correlated with capacity utilization and certainly this applies to the refining industry. Utilization, in turn, is driven by...
View ArticleClik here to view.
Why aren’t More United States Oil Refiners Renewable Fuel Producers, Also?
The question of the day is, “Why don’t more refiners own renewable fuel production facilities?” Like all broad questions, there are a myriad of answers. But I’m willing to step into the discussion...
View ArticleClik here to view.
“Start Me Up” – Refinery Construction Outlook Part 1: Middle East and Africa
By Robert Auers Today we begin a series discussing various major refinery projects covered in our recently released World Refining Construction Outlook (WRCO). We will start with the Middle East and...
View ArticleClik here to view.
Is Cushing Signaling Bullish Market Structure at Crossroads?
By Brian L. Milne, Editor, Product Manager with DTN Billing itself as the “Pipeline Crossroads of the World,” the Cushing crude oil supply hub in Oklahoma is the underlying delivery location for the...
View Article“Start Me Up” – Refinery Construction Outlook Part 2: North America and Europe
By Robert Auers Today, after taking a week off, we continue our series discussing various major refinery projects covered in our recently released World Refining Construction Outlook (WRCO). Today we...
View ArticleClik here to view.
“Start Me Up” – Refinery Construction Outlook Part 3: Asia
By Robert Auers Over the previous weeks we have reviewed the refinery construction landscape in several regions around the world, including Africa, North America and Europe. Today we continue this...
View ArticleClik here to view.
The Sad CAFE – What to Make of the Latest EPA Moves on Corporate Average Fuel...
By Robert Auers and John Auers While “The Sad Cafe” certainly wasn’t one of the Eagles biggest hits, it held the distinction of being the final track on what was to be their last album (“The Long...
View ArticleClik here to view.
“Start Me Up” – Refinery Construction Outlook Part 4: Latin America
By Robert Auers and John Auers Over the previous weeks, we have reviewed the refinery construction landscape in several regions around the world including North America, Europe, Asia and Africa....
View ArticleClik here to view.
“Start Me Up” – Refinery Construction Outlook Part 5: FSU
By Robert Auers and John Auers Over the previous weeks, we have reviewed the refinery construction landscape in several regions around the world including North America, Europe, Asia, Africa, and Latin...
View ArticleClik here to view.
“The Asphalt Jungle” – Another Market Impacted by IMO Regulations
By John Mayes and John Auers The move to low sulfur bunker fuel coming in 2020 as a result of new regulations from the International Maritime Organization (IMO) has been a frequent topic of this blog....
View ArticleClik here to view.
“Come Together” – Marathon Andeavor Merger Continues Industry Trends
By John Auers and Robert Auers It just so happened that I was Iistening to a Beatles tune when I received a text that Marathon Petroleum was acquiring Andeavor in a mega refining deal just over a week...
View Article