Gasoline
Industry Metrics
US refinery margins showed seasonal y–o–y growth, mainly supported by gasoline and diesel stocks drawdowns due to refinery maintenance.
Enhancing refinery profitability with a novel offgas conversion technology
The refining industry is challenged every day to optimize product slates that comply with market demand, product specifications, environmental regulations and refining-petrochemical integration, all while remaining profitable.
Industry Metrics
US refining margins showed slight gains on the top of the barrel as a result of cold weather-related refinery outages, rebounding slightly from the previous month.
Industry Perspectives: Secondary unit construction surges in the near term
Although the refining industry is expected to add more than 7 MMbpd of new distillation capacity by the early 2020s, the global refining industry will witness a boost in secondary processing capacity, as well.
Editorial Comment: The future of refining—sulfur need not apply
According to multiple industry reports, crude oil consumption will continue to increase over the short term.
Upgrading the bottom of the barrel
In the past few decades, new technologies, including both carbon rejection methods and catalytic conversion methods, have emerged.
Composite ionic liquid alkylation technology gives high product yield and selectivity
Global sentiment has been moving toward a call to develop innovative technologies that address environmental preservation and limit the use of hazardous materials.
Industry Metrics
Record low temperatures in the eastern US strengthened the diesel market but extended the downward trend in refining margins.
EIA: Growing octane needs widen price spread between premium, regular gasoline
In late 2016, the difference between US average retail prices for premium and regular gasoline reached 50 cents/gal. This price spread has been generally expanding since 2000, and the rate at which the spread has grown has accelerated over the past 3 yr. Many factors on both the supply and demand sides are likely influencing this trend.
EIA: US gasoline prices increased in 2017
US regular retail gasoline prices averaged $2.41/gal in 2017, 27 cents/gal (13%) higher than in 2016, but two cents/gal less than in 2015.
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