Middle East Economic Survey

VOL. XLVII

No 26

28-June-2004

Abraham Asks NPC To Study US Refining Capacity And Petroleum Inventories

In a major policy statement that recognizes publicly the bottlenecks in the US refining industry and the need to deal with them, Secretary of Energy Spencer Abraham on 22 June asked the National Petroleum Council (NPC) to conduct a study of the countrys processing capacity, petroleum inventories and the impact of the worldwide refining capacity on the US. As part of...