Future US regulations, product demand will tighten fuels market

In the future, three themes will continue to dominate the US refining scene: ownership restructuring, clean fuels, and price volatility. These factors combined with increasing demand will tighten the supply of gasoline and diesel fuels until more fuel-efficient vehicles become popular.As they report record earnings for the past year and enjoy plentiful crude-oil feedstocks to run their refineries at capacity, US refiners face many uncertainties.Who will own US refineries in the future? Will integration in the petroleum industry disappear as independent refiners advance to the head of the class?Will the Bush administration provide relief to US refiners regarding future diesel fuel specific...

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