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Butane supply balance rests on adequate processing capacity. (Bonner and Moore Associates study)
The Oil Daily
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April 6, 1992|
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COPYRIGHT 1992 Energy Intelligence Group. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group.
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Butane will be in surplus this summer, and in following years prices may plummet while inventories build to enormous levels if refiners fail to adequately process butane for the gasoline oxygenate market.
Those are some of the main points of a new study on the butane balancing act that U.S. refiners face as a consequence of air pollution controls.
The study, by Bonner & Moore Associates Inc., calculates the possible result of taking more normal butane out of gasoline while at the same time demand is increasing for normal butane in the production of ...
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