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.
Please see the attachment for details.