Middle East Economic Survey

VOL. XLVIII

No 19

9-May-2005

EG Expects Little Impact Of US Refining Proposals On Downstream Bottleneck

A proposal by US President George W Bush to encourage the construction of new refineries on closed military sites would be unlikely to ease the current US downstream bottleneck, according to New Yorks Eurasia Group (EG). In an EG Flash Reaction report issued on 28 April, EG Director for Global Energy Antoine Halff warned: Bush spiked his routine energy bill pitch on...