Logistics, policies keep US gas prices high, Senate panel told

07/19/2013
A combination of limited transportation choices, unplanned refinery outages, and outmoded federal policies helps keep US gasoline prices high despite continuing US crude oil production growth, witnesses told the US Senate Energy and Natural Resources Committee. "Currently, transportation constraints are limiting the full impact of domestic crude oil production, but these constraints are expected to ease in the coming years," US Energy Information Administration Administrator Adam Sieminski said. Several pipeline projects that are either proposed or currently under way should increase crude deliveries from inland sources to major refining centers, primarily on the Gulf Coast, Sie...
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