Domestic and International Implications of Rising US Oil Production
Mark Lewis, Group Vice Chairman and Managing Director, London, FG Energy
The speaker will discuss how the rise in US production of tight oil has benefitted the local refining business and whether the trend is likely to continue. As US crude prices realign with the international market and the advantage of cheap feedstock recedes, the spotlight is shifting to the severe quality mismatch between new supplies and US refinery configurations. He will consider whether the domestic US refining industry can adjust to a light sweet incremental supply barrel and the implications of this for the global oil trade pattern.
Attendance is by invitation only.
This event is part of the Fossil Fuels Expert Roundtable project.