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If it is lifted, they would be exposed to competition from cheaper overseas refining firms.
Slackening demand form U.S. drivers coupled with rising oil prices this year have crippled profits at refining firms, which must buy crude oil on the market and turn it into gasoline and other finished products.
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In 1986, after 50 years in business, Mr. Rodman retired and sold his gold refining firm.
India's biggest company, Reliance Industries, a petrochemical and refining firm, has launched its first grocery in the southern city of Hyderabad as part of its $5.6bn retail plan that includes hypermarkets, malls and groceries on petrol forecourts.
That is partly because several refineries have still not recovered from accidents, including a deadly explosion at one of BP's American plants in 2005 and a fire at a facility belonging to Valero, another refining firm, earlier this year.
The government has plenty of crude oil, but its fuel-refining firm, NNPC, is too dilapidated to turn it into enough petrol to meet demand.
For example, in oil refining, user firms developed nearly all of the important innovations (Enos 1962).
Atlantic Refining, whose predecessor firms date back to the 1850s, was incorporated in 1870 and, after 1892, became one of the eastern companies of the Standard Oil Trust.
Price caps have eaten into profits from refining, saddling the firm with huge debts and weakening its hand in expansion talks.
This will help the firms refine the technologies needed to introduce their launch systems.
As oil prices rose in the first quarter, so did the stock prices for petroleum-refining and -production firms.
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CEO of Professional Science Editing for Scientists @ prosciediting.com