Newsgroup: it.economia.borsa
Titolo: Per Oil "King" Flamini

E non mi criticare Putin.
Quell'uomo la metterą nel c**o a tutti. :-)
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Gazprom Swallowing Sibur is Smart Strategy
Russia's gas giant Gazprom is rescuing Sibur, a semi-independent subsidiary,
from bond default. This will put Gazprom in a strong position to combat
Russian oil firms as they encroach on an industry that has long been
Gazprom's domain.
Russia: When a Cut Is Not a Cut
Moscow says it will cut crude oil exports by 150,000 barrels per day next
quarter. This move appears a bow to OPEC pressure, but it will not reduce
production. Russia now stands to benefit whether or not OPEC starts a price
war.
OPEC Price War Won't Sink Russia
OPEC's planned production cuts will bring Russia into an oil price war. But
Russia will likely escape the worst effects, which will be reserved for
states that are more economically and socially dependent upon oil revenues.
Russia: New Energy Field Priming the Investment Pump
Sakhalin Island is popular with foreign energy firms because its location
almost a continent away from Moscow prevents Russian bureaucrats from
infesting oil and gas projects with corruption.
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Some US refineries in the Gulf Coast region are probably operating at a
loss. Purchases of imported gasoline are at levels normally only seen when
supplies are short. But right now, US gasoline inventories are filling up
fast. And competition to hold onto domestic product market shares is forcing
refiners to seek out the least expensive crude oil.
Refiners pushed crude still operating rates a little higher as they
continued to produce far more product than the US needs right now. Just last
week, refiners added 4.4 million barrels of gasoline, 2.4 million barrels of
distillate and about 1 million barrels of residual oil to storage. But not
all of this product was refined at the refineries. Gasoline stocks are
increasing because some refiners are buying imported gasoline at rates about
30% higher than normal for winter months.
There is no shortage of gasoline in the US. So why are imports so high?
Because spot prices for imported gasoline are below refiner's costs of
making gasoline.
Spot gasoline prices in the Gulf Coast dropped so low that some refiners
cannot make gasoline at the current crude oil prices. That is to say, the
cost of crude oil plus operating costs exceeds the price of gasoline in the
spot market. To avoid losses, some refiners are choosing to purchase spot
gasoline imports. By purchasing gasoline, they can run their refineries at
less severity, turning out more distillate for sale and to be stored for
upgrading when prices are more favorable.
By buying less expensive imported gasoline, refiners are able to compete in
the market, causing wholesale and retail prices to spiral downward.
Crack Spread graphs produced and displayed weekly on this web site, monitor
refinery margins. The graphs below are developed by using EIA data to
calculate the difference between crude oil costs and the value of total
regional refinery output based on spot market prices. This difference
represents the refinery margin for all refineries in the respective area. In
practice, some refineries are running above the calculated margin and others
are below it.
[ continua su ... 
http://www.oil-gasoline.com/default.asp?id=952
 ]
FunesT
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"In Italy the men run the country,
but the women run the men."
Luigi Barzini

 making gasoline.....
allora non posso che dire una cosa, Mincato è un grande ha dismesso il
dismissibile di Raffinerie, la Saras e quella di Priolo così i costi li
scaricherà sui Raffinatori terzisti, comincio ad essere preoccupato per Erg