What Does the Tight World
Market Mean for the U.S.
•U.S. demand growing
•Sources of product supply
–U.S.?
–Imports?
•Factors affecting product
imports
•Price implications
SHow does all of this translate to the United
States?
SClearly crude oil prices mean higher product
prices, but there are some other implications as well.
SKeep in mind that with our own demand growing,
we need new product supply sources.Will these new supply volumes come from the United States or from
imports?
SI will touch on a number of import issues, and
end with a summary of the price implications.