Watching Government: When condensate is product

07/28/2014
It was easy to remember the Bad Old Days when the US had Old Oil, New Oil, and the Small Refiner Bias amid the kerfuffle after the US Department of Commerce's Bureau of Industry and Security (BIS) ruled in late June that condensate qualifies as an oil product for export purposes in some cases. The differentiation's value is obvious: US crude oil exports are heavily restricted. Oil product exports aren't. So while Congress argues over whether the nation's significantly improved crude oil production outlook means more exports should be allowed, many US refiners are shipping more of their products to foreign countries. BIS operates under strict confidentiality, speakers noted at the US Energ...
read-story

Why Register?

Non-subscribers can only view whitepapers by providing name, home and email address, phone number and other information and comment on/rate articles.

Why Subscribe?

Oil & Gas Journal subscribers with login credentials can access these premium features of OGJ Online:

  • Current Issue – an html version of the current week's issue of Oil & Gas Journal.
  • Past Issues – An Electronic OGJ Archive. A keyword-searchable archive of all issues of Oil & Gas Journal dating back to 1990; also searchable by issue date.
  • Market Journal – a weekly round-up of the oil and gas markets, with observations from leading analysts.
  • Editor's Perspective – a short article of insight and opinion by the Editor of Oil & Gas Journal.
  • OGJ Industry Stats – quick access to current industry statistics from Oil & Gas Journal.
  • OGJ Survey Downloads - quick access to exclusive reports from Oil & Gas Journal.

 

Subscriber Help or Subscribe

Oil & Gas Journal Subscribers: Have your subscription number (from the mailing label on the cover of your Oil & Gas Journal) and e-mail address ready to set up your online account through Customer Service Assistant.

If you're not an Oil & Gas Journal subscriber, start a subscription and gain access to the subscriber areas of OGJ Online now.

Stay Connected