NPRA: Refiners face 'difficult balancing act' in 2004

The US refining industry continues to deal with many challenges that are making it difficult to produce transportation fuels at the specifications and volumes that the market demands, according to Bob Slaughter, president of the National Petrochemical & Refiners Association.Speaking Mar. 21 at the 102nd NPRA annual meeting in San Antonio, Slaughter said the biggest issues that US refiners currently face include the new energy bill, a gasoline market that is experiencing high demand and prices, natural gas supply and pricing, and facility security."In 2004, the refining and petrochemical industries will continue a difficult balancing act because of higher feedstock costs, new regulations, ...

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