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Because of its modest refining capabilities, most of Mexico's refined products are imported from U.S. and other refineries that process Mexican oil.
Induction furnaces are used mainly for remelting and alloying and have very limited refining capabilities; in other words, they are not used for carbon, phosphorus, or sulfur removal.
That may have worked then, but given the disruption to oil supplies and refining capabilities after Hurricane Katrina, the president should ask Americans to sacrifice by conserving gas and fuel to help avert shortages and major price increases.
Even the majors, which have both drilling and refining capabilities, are not immune to refining's tight margins.
"It can expand significantly. He told Forbes.com that the oil company, Russia's second-biggest, would be looking at acquiring assets in Europe to expand its retail and refining capabilities.
China has been actively investing in greater refining capabilities in the Persian Gulf, although in a sign of diversifying interests, they have also been cooperating with Kuwait on agricultural sustainability and with Saudi Arabia on telecommunications infrastructure.
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The Senate on Thursday approved a bill that would punish companies for exporting gasoline to Iran or helping Iran expand its own petroleum refining capability.
The 21 refineries in the area represent 27.5% of the total refining capability in the U.S., Platt's energy news service reported.
The country is committed to boosting output and increasing refining capability at home and has made it clear that joining OPEC is off the table--doing so would constrain output.
The 21 refineries closed by the storm represent 27.5% of the total refining capability in the U.S., Platt's energy news service reported Another 5% remains out of commission in the aftermath of Katrrina.
The country is committed to boosting output and increasing refining capability at home and has made it clear that joining OPEC is off the table doing so would constrain output.
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