GrainNet.com
Date Posted: August 28, 2008
New York, NY—The refining industry is grappling with shifting scenarios for tomorrow’s energy landscape—including one case in which the United States could become a net exporter of gasoline by 2010, concludes a new analysis of the refining industry by global management consulting firm Booz & Company.
The report, “Refining Trends: The Golden Age Or the Eye of The Storm? Part IV: Tough Choices,” explores rising demand for fuel in Asia and the BRIC nations (Brazil, Russia, India and China), mandates for biofuels, alternative technology vehicles, and the introduction of $2,500 automobiles.
This confluence of factors is confounding an industry that counts on 20-year predictions to guide investment decisions made today.
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