News Details
Consumers and Refiners United for Domestic Energy Releases Results of Baker & O’Brien Analysis
October 2, 2014
The analysis examines the capability of the U.S. refining system to absorb additional U.S. light tight oil (LTO) production. The analysis indicates that the U.S. refining system is expected to have capacity to process all the LTO that will be produced for the remainder of this decade, assuming LTO production within the range of forecasts prepared by the U.S. Energy Information Administration in their 2014 Annual Energy Outlook.