Refiners look to pipelines as a source of new revenue

12/30/2012 | Bloomberg

With margins on oil-to-gasoline conversion narrowing, many refiners are looking to pipelines as a source of new revenue. "The key to success for these independent refiners is diversity, flexibility," said Harold York of Wood Mackenzie. "When one segment gets hot and the other gets cool, the ability to shift emphasis from the waning segment to the hot segment, that's going to be a critical path for them."

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