The Arrival of Summer Presents Challenges for the Petroleum Refining Industry, a Feature of "Industry Today" on Industrialinfo.com
The Arrival of Summer Presents Challenges for the Petroleum Refining Industry, a Feature of "Industry Today" on Industrialinfo.com
Attachment: Industry Today Show with Chris Paschall VP of Petroleum Refining
Researched by Industrial Info Resources (Sugar Land, Texas)--The summer season generally brings with it higher demand for transportation fuels which serves the Petroleum Refining Industry well, although the season also holds the potential for costly hurricanes. This summer, refiners have to worry not only about the weather, but also about the extreme cost of crude oil and the consumers that are increasingly changing their driving habits to reduce fuel consumption. Before the summer months arrived, consumer demand and consumption of transportation fuels had dropped in comparison with last year's demand.
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