<Another look at the Kingdom of Saudi ArabiaThe Oil DrumDrumBeat: January 25, 2008>

16 comments on This Week in Petroleum 1-24-08

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the_rage on January 24, 2008 - 7:20pm Permalink | Subthread | Comments top

Interesting that gasoline imports rose when margins are low. Wouldn't that slow down foreign refineries as well? I wonder which countries supplied that extra 1 mbpd of gasoline.

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marcosdumay on January 25, 2008 - 6:03am Permalink | Subthread | Parent | Comments top

Maybe the US refineries aren't that efficient.

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Robert Rapier on January 25, 2008 - 11:25am Permalink | Subthread | Parent | Comments top

Interesting that gasoline imports rose when margins are low.

The economics of a lot of foreign refiners are different than for U.S. refiners. They are making gasoline as a by-product because diesel is what is demanded locally.

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Starship Trooper on January 25, 2008 - 11:45am Permalink | Subthread | Parent | Comments top

A "waste" by-product, at that. Reminds me of what a power plant operator in the midwest once said to us (in reference to his operational problems), in my "young whippersnapper days:

"We burn coal to produce flyash, and as a waste by-product we happen to generate a little steam and electricity!"

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