SOURCE: Industrial Info Resources

Industrial Info Resources

April 24, 2014 06:15 ET

U.S. Refinery Turnarounds Keep Consumers, Traders, Regulators Happy, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwired - Apr 24, 2014) - Written by John Egan for Industrial Info Resources (Sugar Land, Texas) -- The traditional summer driving season starts on Memorial Day, but U.S. motorists aren't waiting until May 26 to hit the road. As the long, cold winter of 2013-14 fades in the rear-view mirror, weekend drives and local "staycations" are boosting consumption of refined petroleum products like gasoline and diesel fuel. Transportation fuel should be plentiful this driving season for two reasons: Production of domestic crude oil is surging, and U.S. refineries have made billions of dollars in investments to meet consumer demand by maintaining, upgrading and expanding their facilities.

The greater interconnectedness of each stage of the petroleum process -- exploration and production, transportation, refining, storage, export terminals -- is why IIR Energy is moving toward a COMMODITIES LIVE platform. This new feature will offer an integrated view of the market, from drill bits through pipelines, refineries and storage tanks, and will provide traders and other market participants the ability to see how all the pieces fit together, allowing them to avoid bottlenecks and execute more profitable trades.

Other companies featured: Valero Energy Corporation (NYSE:VLO), BP plc (NYSE:BP)

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Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, three offices in North America and 10 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle™, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. To contact an office in your area, visit the "Contact Us" page.

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