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Shifts in Energy Supply/Demand and Biofuels Capacity Challenging Refining Industry; US Could Become a Net Exporter of Gasoline

Posted on August 26, 2008

Refiners face changes in regional supply/demand balances, affecting global trade flows and refining margins. North America will reduce its need for gasoline; Europe will get shorter in diesel;, and Asia will continue to be thirsty for fuels in general. Click to enlarge.The refining industry is grappling with shifting scenarios for the future energy landscape, including one case in which the United States could become a net exporter of gasoline by 2010, according to a new analysis of the refining industry by global management consulting firm Booz & Company. In 2007, the US imported The report, ...

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