Industrial Market Outlook in Review: U.S. Refiners Expect Big Business from Falling Oil & Gas Prices, but Still Wary

SUGAR LAND--February 9, 2015--Researched by Industrial Info Resources (Sugar Land, Texas)--Chris Paschall, Industrial Info's group vice president of research, oil & gas and petroleum refining industries, told attendees at the 2015 Industrial Market Outlook & Networking Event that he receives numerous calls every day from clients asking when the per-barrel price of crude oil will increase from its current lows. Paschall said that while he can't make predictions on the price itself, he knows how the sudden shift in economic conditions is affecting the U.S. Oil & Gas Industry, especially the Petroleum Refining Industry.

Within this article: Highlights from Paschall's presentation, including where the dramatically changing prices are expected to take U.S. oil and gas refining.