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Vol. 16, No. 34 Week of August 21, 2011
Providing coverage of Alaska and northern Canada's oil and gas industry


EIA expects refiner crude cost of $100

Agency’s August short-term outlook based on global spare production capacity, assumes US GDP growth of 2.4%, 2.6% this year, next

Kristen Nelson

Petroleum News

Based on U.S. real gross domestic product growth of 2.4 percent this year and a continued decline in global spare production capacity, the U.S. Energy Information Administration estimates that the refiner acquisition cost of crude oil in the U.S. will average $100 per barrel this year and, with 2.6....

    [additional news subjects in this story]

Supply disruptions an issue

Spot prices down

Gas consumption grows


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