Oil Industry Economics - From wellhead to gas pump

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EMI's Oil Economics: From Wellhead to Gasoline Pump will help you answer the questions everyone is asking: Will we see $100 crude oil or will prices stabilize at the OPEC “fair Price” of $75 BBL. When will the market recover from the global recession of 2008? Who's making the money? What are the economic drivers for price? What is the short-term and long-term outlook for pricing? And you'll leave this course with the tools you need to make informed, smart economic decisions, from both a strategic and tactical perspective.

What You Will Learn

  • Exploration and producing economics
  • The economics of producing or temporarily shutting in oil
  • Economics of gathering oil
  • Economics of moving oil to the manufacturing sector from all major methods…truck, rail, pipeline and ever- increasing waterborne
  • Economics of the new freight markets
  • Basic refining economics of various types of refiners and refineries.
  • Refinery economic optimization
  • Economics of various crudes
  • Netback analysis
  • Cracks and beyond
  • Economics of various export refiners
  • Economics of moving refined products to various spot markets by various methods…truck, rail,
  • pipeline, barges and ocean-going vessels.
  • Economics of moving products to wholesale & retail levels
  • How the economics relate to various pricing methods at each level.
  • Economics of storing crude oil
  • Economics of storing refined products
  • All about the economics of crude oil arbitrage trading
  • All about the economics of refined product arbitrage trading. Macro economics of worldwide energy complex. What is driving oil prices?

 

Who Should Attend

    • Major Oil & Large Independent:
      • Refiners
      • Marketers
      • Supply & Distribution personnel
      • Exchange Personnel
      • Terminal managers
      • Risk Managers
      • Wholesale and Commercial managers
      • Traders
      • Wholesale/Marketing Companies
    • Jobbers/Diesel Fuel Distributors
    • Every Level of the Trading Community, both Physical and Financial.
    • Truck Stop & Retail Chain Operators:
    • Fuel purchaser
    • Hedgers
    • Marketers
    • End-Users
    • Trucking Companies
    • Barge and Shipping Companies
    • Commercial and Private Airline Fleets
    • Government Agencies – Federal – State-Municipal
    • shipping Companies
    • Lenders to the Oil Industry
    • Futures & OTC Brokers
    • Media Companies
    • Oil Reporters
    • Oil Analysts