Baker & O'Brien, Inc.


News Details

News Details

Baker & O'Brien's Q3 2014 PRISM Newsletter: U.S. Refining Margins See Slight Decrease

Special Topic: Can the St. Croix Refinery be Profitable Processing Light U.S. Crude Oil?

November 6, 2014

Baker & O’Brien’s third quarter 2014 PRISM™ analysis reports small declines in U.S. refining margins and the establishment of a new price equilibrium after global crude oil prices declined significantly during October.  Our special topic this quarter reviews the prospects of a restarted St. Croix, Virgin Islands refinery and whether advantageous crude oil pricing can result in an economic operation for a new owner.

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