Read Books Online and Download eBooks, EPub, PDF, Mobi, Kindle, Text Full Free.
The Impact Of Outages On Prices And Investment In The U S Oil Refining Industry
Download The Impact Of Outages On Prices And Investment In The U S Oil Refining Industry full books in PDF, epub, and Kindle. Read online The Impact Of Outages On Prices And Investment In The U S Oil Refining Industry ebook anywhere anytime directly on your device. Fast Download speed and no annoying ads. We cannot guarantee that every ebooks is available!
Author :Bureau of Bureau of Economics Federal Trade Commission Publisher :CreateSpace ISBN 13 :9781505909395 Total Pages :42 pages Book Rating :4.9/5 (93 download)
Book Synopsis The Impact of Outages on Prices and Investment in the U. S. Oil Refining Industry by : Bureau of Bureau of Economics Federal Trade Commission
Download or read book The Impact of Outages on Prices and Investment in the U. S. Oil Refining Industry written by Bureau of Bureau of Economics Federal Trade Commission and published by CreateSpace. This book was released on 2015-01-03 with total page 42 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper considers the effects of refinery outages (due to planned turn-arounds or un-planned events) on current petroleum product prices and future refinery investment. Empirical evidence on these relationships is mixed and highly dependent on the size and duration of the outage, the geographic area considered, the level of inventories available at the time of the outage, and the tightness of the market as measured by the capacity utilization rate. Using a de-tailed database of plant-level refinery outages for both upstream and downstream refining units, I estimate the effects of outages on product prices controlling for the crude oil price and the ability of operating plants to respond to the outage. I also consider the effect of current market profitability on the likelihood of planned refinery outages and the effects of high utilization rates and planned maintenance on the prospects for unplanned outages. I then use plant-level capac-ity data to analyze the effects of outages, profitability, and utilization rates on future investment decisions of the refinery. Results based on OLS and probit models show that planned outages tend to occur during the spring and fall and during times of relatively low margins as measured by the crack spread. The length of time since the last plant turn-around is positively associated with future unplanned outages. Price regressions show that atmospheric distillation and catalytic cracking outages are positively associated with gasoline prices and the association is stronger the higher is the uti-lization rate at the time of the outage. The relationship between both upstream and downstream investment and outages is mixed though refiners tend to invest less when nearby plants have made investments in the prior year. While causal relationships between outages, prices, and investment are difficult to estimate due to simultaneity and unobserved variables, these descrip-tive results show that outages are an important factor affecting refined product prices and future refinery investment.
Book Synopsis The Impact of Outages on Prices and Investment in the US Oil Refining Industry by : Matthew Chesnes
Download or read book The Impact of Outages on Prices and Investment in the US Oil Refining Industry written by Matthew Chesnes and published by . This book was released on 2014 with total page 42 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Energy Markets written by Frank Rusco and published by DIANE Publishing. This book was released on 2009-06 with total page 35 pages. Available in PDF, EPUB and Kindle. Book excerpt: In recent years, global demand for petroleum products such as gasoline and diesel fuel has grown more quickly than the capacity to produce them, creating a tight market. U.S. refiners have been running near capacity, particularly during peak summer demand. In such conditions, unexpected refinery outages can result in price increases that adversely affect consumers. This report evaluates: (1) the trends in U.S. refinery outages over the last 5 years, in terms of reduced production capacity, frequency, and geographic location; and (2) the federal requirements for reporting outages at U.S. refineries. Includes recommendations. Charts and tables.
Author :United States Government Accountability Office Publisher :Createspace Independent Publishing Platform ISBN 13 :9781976205545 Total Pages :36 pages Book Rating :4.2/5 (55 download)
Book Synopsis Energy Markets by : United States Government Accountability Office
Download or read book Energy Markets written by United States Government Accountability Office and published by Createspace Independent Publishing Platform. This book was released on 2017-09-09 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt: recent years, global demand for petroleum products such as gasoline and diesel fuel has grown more quickly than the capacity to produce them, creating a tight market. U.S. refiners have been running near capacity, particularly during peak summer demand. In such conditions, unexpected refinery outages can result in price increases that adversely affect consumers. GAO was asked to evaluate (1) the trends in U.S. refinery outages over the last 5 years, in terms of reduced production capacity, frequency, and geographic location, and (2) the federal requirements for reporting outages at U.S. refineries. To evaluate these objectives, GAO obtained and analyzed Energy Information Administration (EIA) and commercial data, and obtained and analyzed federal legislation and policies, and interviewed federal agency, academic, and industry trade group officials. GAO is recommending that the Secretary of Energy direct the Administrator of EIA to (1) reevaluate its monthly refinery production survey and other data to determine whether those data allow EIA to adequately conduct future analyses of outage effects on petroleum product prices, and (2)
Download or read book Energy Markets written by Frank Rusco and published by DIANE Publishing. This book was released on 2009-12 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt: In 2008, with the exception of the period following Hurricanes Katrina and Rita, refinery outages in the U.S. did not show discernible trends in reduced production capacity, frequency, and location from 2002 through 2007. Some outages are planned to perform routine maintenance or upgrades, while unplanned outages occur as a result of equipment failure or other unforeseen problems. This report: (1) evaluates the effect of refinery outages on wholesale gasoline prices; and (2) identifies gaps in federal data needed for this and similar analyses. Rusco selected refinery outages from 2002 through Sept. 2008 that were at least among the largest 60% in terms of lost production capacity in their market region and lasted at least 3 days. Illus.
Book Synopsis Energy Markets by : United States. Government Accountability Office
Download or read book Energy Markets written by United States. Government Accountability Office and published by . This book was released on 2008 with total page 30 pages. Available in PDF, EPUB and Kindle. Book excerpt: In recent years, global demand for petroleum products such as gasoline and diesel fuel has grown more quickly than the capacity to produce them, creating a tight market. U.S. refiners have been running near capacity, particularly during peak summer demand. In such conditions, unexpected refinery outages can result in price increases that adversely affect consumers. GAO was asked to evaluate (1) the trends in U.S. refinery outages over the last 5 years, in terms of reduced production capacity, frequency, and geographic location, and (2) the federal requirements for reporting outages at U.S. refineries. To evaluate these objectives, GAO obtained and analyzed Energy Information Administration (EIA) and commercial data, and obtained and analyzed federal legislation and policies, and interviewed federal agency, academic, and industry trade group officials. GAO is recommending that the Secretary of Energy direct the Administrator of EIA to (1) reevaluate its monthly refinery production survey and other data to determine whether those data allow EIA to adequately conduct future analyses of outage effects on petroleum product prices, and (2) report to the Congress on the costs and benefits of collecting any additional data on newer fuels. EIA officials provided verbal comments suggesting GAO distinguish between the types of outages and data collected, among other things, which we addressed as appropriate.
Download or read book Energy Markets written by and published by . This book was released on 2009 with total page 43 pages. Available in PDF, EPUB and Kindle. Book excerpt: In 2008, GAO reported that, with the exception of the period following Hurricanes Katrina and Rita, refinery outages in the United States did not show discernible trends in reduced production capacity, frequency, and location from 2002 through 2007. Some outages are planned to perform routine maintenance or upgrades, while unplanned outages occur as a result of equipment failure or other unforeseen problems. GAO was asked to (1) evaluate the effect of refinery outages on wholesale gasoline prices and (2) identify gaps in federal data needed for this and similar analyses. GAO selected refinery outages from 2002 through September 2008 that were at least among the largest 60 percent in terms of lost production capacity in their market region and lasted at least 3 days. GAO developed an econometric model and tested a variety of assumptions using public and private data. We recommend that the Administrator of the Energy Information Administration (EIA) convene a panel of agency officials, industry representatives, and experts to determine if existing data meet the current and future needs of the Congress and analysts who use such data.
Author :United States Government Accountability Office Publisher :Createspace Independent Publishing Platform ISBN 13 :9781983866227 Total Pages :36 pages Book Rating :4.8/5 (662 download)
Book Synopsis Energy Markets by : United States Government Accountability Office
Download or read book Energy Markets written by United States Government Accountability Office and published by Createspace Independent Publishing Platform. This book was released on 2018-01-15 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt: Energy Markets: Refinery Outages Can Impact Petroleum Product Prices, but No Federal Requirements to Report Outages Exist
Author :United States. Congress. House. Committee on the Judiciary. Subcommittee on Regulatory Reform, Commercial and Antitrust Law Publisher : ISBN 13 : Total Pages :112 pages Book Rating :4.F/5 ( download)
Book Synopsis Oversight of the Antitrust Enforcement Agencies by : United States. Congress. House. Committee on the Judiciary. Subcommittee on Regulatory Reform, Commercial and Antitrust Law
Download or read book Oversight of the Antitrust Enforcement Agencies written by United States. Congress. House. Committee on the Judiciary. Subcommittee on Regulatory Reform, Commercial and Antitrust Law and published by . This book was released on 2015 with total page 112 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Energy Abstracts for Policy Analysis by :
Download or read book Energy Abstracts for Policy Analysis written by and published by . This book was released on 1989 with total page 486 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author :United States. Congress. Senate. Committee on Energy and Natural Resources Publisher : ISBN 13 : Total Pages :108 pages Book Rating :4.:/5 (319 download)
Book Synopsis Gas Prices by : United States. Congress. Senate. Committee on Energy and Natural Resources
Download or read book Gas Prices written by United States. Congress. Senate. Committee on Energy and Natural Resources and published by . This book was released on 2013 with total page 108 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author :United States. Congress. Senate. Committee on Energy and Natural Resources Publisher : ISBN 13 : Total Pages :64 pages Book Rating :4.0/5 ( download)
Book Synopsis Short-term Energy Outlook by : United States. Congress. Senate. Committee on Energy and Natural Resources
Download or read book Short-term Energy Outlook written by United States. Congress. Senate. Committee on Energy and Natural Resources and published by . This book was released on 2007 with total page 64 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book energy prices and profit written by and published by DIANE Publishing. This book was released on with total page 363 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author :United States. Congress. Senate. Committee on Commerce, Science, and Transportation Publisher : ISBN 13 : Total Pages :370 pages Book Rating :4.0/5 ( download)
Book Synopsis Energy Prices and Profits by : United States. Congress. Senate. Committee on Commerce, Science, and Transportation
Download or read book Energy Prices and Profits written by United States. Congress. Senate. Committee on Commerce, Science, and Transportation and published by . This book was released on 2006 with total page 370 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Energy Research Abstracts written by and published by . This book was released on 1988 with total page 872 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author :United States. Congress. Senate. Committee on Energy and Natural Resources Publisher : ISBN 13 : Total Pages :72 pages Book Rating :4.0/5 ( download)
Book Synopsis The Refinery Permit Process Schedule Act by : United States. Congress. Senate. Committee on Energy and Natural Resources
Download or read book The Refinery Permit Process Schedule Act written by United States. Congress. Senate. Committee on Energy and Natural Resources and published by . This book was released on 2006 with total page 72 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Is Market Concentration in the U.S. Petroleum Industry Harming Consumers? by : United States. Congress. Joint Economic Committee
Download or read book Is Market Concentration in the U.S. Petroleum Industry Harming Consumers? written by United States. Congress. Joint Economic Committee and published by . This book was released on 2007 with total page 136 pages. Available in PDF, EPUB and Kindle. Book excerpt:
