Uncertainties considered in this study were in terms of imported crude oil price, refinery product price, petrochemical product price, refinery market demand, and petrochemical lower level product demand.
In fact, despite a 30% increase in Canadian crude imports to the U.S. since 2010 and the tar sands industry's desperate need to access the Gulf refinery market, Canadian crude shipments to the Gulf have actually declines by 18%.
The Chevron Corporation said on Tuesday that it would cut 2,000 jobs this year and sell some overseas operations as it revamped its struggling oil refinery, marketing and transportation operations.
The 24-page report, "Oil and Water Tar Sandss Crude Shipping Meets the Great Lakes?" unpacks a new looming threat to the Great Lakes in the form of barges transporting tar sands along the Great Lakes to targeted midwestern refinery markets.
Lots of water sources in petroleum industries include produced water, refinery wastewater, marketing terminal water, ground water, storm water, parking lot runoff, plenty of off-the-shelf treatments, and unlimited supply of applications.
A year later, as the company slid toward the brink of bankruptcy, Burke was promoted to president of the refinery and marketing operations.
Networks of pipelines move the petroleum products to refineries and markets throughout the region and elsewhere in the country.
It has gas stations, refineries and marketing companies in the Czech Republic, Romania and Bulgaria, and countries of the former Soviet Union.
In 1911, when the U.S. Supreme Court dissolved the giant New Jersey-based Standard Oil combine, the California-based company became an autonomous entity with its own oil fields, pipelines, tankers, refineries, and markets.
The company's operations are strategically structured along business verticals-refineries, pipelines, marketing, research and development centre and petrochemicals, and natural gas.
"If you own a refinery, you have market share".
