Big profits, big decisions
Quinlan, Martin
Big profits, big decisions - 4 p.
Refiners in many locations are making substantial profits, mainly as a result of constraints in the industry's conversion capacity. The same constrains are a contributing factor to the present high prices for light crudes. The long view says a new wave of conversion investment is needed - but many refiners prefer the short view.
Big profits, big decisions - 4 p.
Refiners in many locations are making substantial profits, mainly as a result of constraints in the industry's conversion capacity. The same constrains are a contributing factor to the present high prices for light crudes. The long view says a new wave of conversion investment is needed - but many refiners prefer the short view.
