US DOE calls for new NPC refinery study this fall

US Sec. of Energy Spencer Abraham last week asked the National Petroleum Council to conduct and complete a study of US refining capacity by Sept. 30. He said the quick timetable was needed to help calm fuel markets."If there is one thing the market needs, it's accurate, timely, up-to-date information. And that's why I'm requesting that you complete these studies by Sept. 30. It is my hope this information can be put to use by the end of the year in a way that will help bring greater long-term stability to petroleum markets and a greater degree of certainty to American consumers."Speaking at NPC's 113th meeting June 22, Abraham said that the Department of Energy's Energ...

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