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May 1, 2013

Petroleum Refining Outlook

Petroleum from shale and oil sands offers opportunities for North American refiners, but the shifting crude diet also presents challenges, as refiners look to match product output with demand

Increasing production of crude oil from shale deposits in the U.S. and oil sands in Canada offers North American petroleum refiners opportunities to access cost-advantaged feedstock. However, shifting product demand and hurdles in transportation logistics, along with technical issues associated with the properties of the crude from those areas, present challenges as refiners optimize their product mix. Crude oil from shale was among the many refining-related trends and issues discussed at the recent annual meeting of the American Fuel and Petrochemical Manufacturers...

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