Calculate gasoline RVP seasonal change giveaway economics

Despite high demand and depressed refining margins, the US is in the midst of a glut of gasoline. This predicament is causing a rush to convert summer gasoline into cheaper winter gasoline, in the hope that using cheap butane and higher Reid vapor pressure (RVP) specs will increase refining profits....

Full description

Saved in:
Bibliographic Details
Published inHydrocarbon Processing p. 57
Main Authors Barsamian, A, Curcio, L E
Format Trade Publication Article
LanguageEnglish
Published Houston Gulf Publishing Co 01.04.2017
Subjects
Compliance
Costs
Economics
Ethanol
Gasoline
Inventory
Linear programming
Pipelines
Prices
Profitability
Profits
Schedules
Simulation
Summer
Supply chains
Vapor pressure
VOCs
Volatile organic compounds
Volatility
Winter
Online AccessGet full text

Cover

More Information
Summary:Despite high demand and depressed refining margins, the US is in the midst of a glut of gasoline. This predicament is causing a rush to convert summer gasoline into cheaper winter gasoline, in the hope that using cheap butane and higher Reid vapor pressure (RVP) specs will increase refining profits. The same motivation prompts the hurried conversion of winter gasoline into summer gasoline in mid- March, rather than the usual mid-April. However, these strategies are proving to be ineffective. A summary of the economics of RVP rollover for a 100-Mbpd Atlantic Coast (AC) refinery is shown in TABLE 1, as well as discussed here.
ISSN:0018-8190