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Page 1: 2016 AFPM Member Facilities - USEA... · AFPM American Fuel & Petrochemical Manufacturers 825 225 Stock Price Index Figure 1. S&P 500 OIL & GAS REFINING & MARKETING INDEX* (MPC PSX

2016 AFPM Member Facilities

Source EIA - spot New York Harbor regular gasoline spot New York Harbor distillate EIA composite refiners acquisition crude cost

0

5

10

15

20

25

30

1988

1991

1994

1997

2000

2003

2006

2009

2012

2015

Gasoline amp Distillate Crack Spreads(Product Price minus Crude Price)

Gasoline

Distillate

$Barrel

The Impacts of Regulation

$0$10$20$30$40$50$60$70$80$90

$100

All OtherAgencyRules

EPA Rules

13 Rules$191 Billion

Rules with Annual Compliance Costs Greater Than $1 Billion (2000-2013)

EPA vs All Other Federal Agencies

Source US Chamber of Commerce ldquoCharting Federal Costs and Benefitsrdquo 2014

17 Rules$903 Billion

$ B

illio

n 20

13

Ozone and CPP

Over$100 Billion

RFS Concerned Stakeholders

Draft for Internal Use Only

Northeast Crude Transportation Costs

Jones Act Shipto USAC~$600

Foreign Flagged Shipto E Canada

~$200

Foreign Flagged Shipto Europe~$200

Note Costs represent first half of 2015 Transportation costs are estimated based on information from publicly-available sources The values should not be relied upon by individual refiners Transportation costs typically vary by length of journey type of ship capacity market demand for transportation services and other market forces

Source Turner Mason amp CompanyConsulting Engineers

Page 2: 2016 AFPM Member Facilities - USEA... · AFPM American Fuel & Petrochemical Manufacturers 825 225 Stock Price Index Figure 1. S&P 500 OIL & GAS REFINING & MARKETING INDEX* (MPC PSX

Source EIA - spot New York Harbor regular gasoline spot New York Harbor distillate EIA composite refiners acquisition crude cost

0

5

10

15

20

25

30

1988

1991

1994

1997

2000

2003

2006

2009

2012

2015

Gasoline amp Distillate Crack Spreads(Product Price minus Crude Price)

Gasoline

Distillate

$Barrel

The Impacts of Regulation

$0$10$20$30$40$50$60$70$80$90

$100

All OtherAgencyRules

EPA Rules

13 Rules$191 Billion

Rules with Annual Compliance Costs Greater Than $1 Billion (2000-2013)

EPA vs All Other Federal Agencies

Source US Chamber of Commerce ldquoCharting Federal Costs and Benefitsrdquo 2014

17 Rules$903 Billion

$ B

illio

n 20

13

Ozone and CPP

Over$100 Billion

RFS Concerned Stakeholders

Draft for Internal Use Only

Northeast Crude Transportation Costs

Jones Act Shipto USAC~$600

Foreign Flagged Shipto E Canada

~$200

Foreign Flagged Shipto Europe~$200

Note Costs represent first half of 2015 Transportation costs are estimated based on information from publicly-available sources The values should not be relied upon by individual refiners Transportation costs typically vary by length of journey type of ship capacity market demand for transportation services and other market forces

Source Turner Mason amp CompanyConsulting Engineers

Page 3: 2016 AFPM Member Facilities - USEA... · AFPM American Fuel & Petrochemical Manufacturers 825 225 Stock Price Index Figure 1. S&P 500 OIL & GAS REFINING & MARKETING INDEX* (MPC PSX

The Impacts of Regulation

$0$10$20$30$40$50$60$70$80$90

$100

All OtherAgencyRules

EPA Rules

13 Rules$191 Billion

Rules with Annual Compliance Costs Greater Than $1 Billion (2000-2013)

EPA vs All Other Federal Agencies

Source US Chamber of Commerce ldquoCharting Federal Costs and Benefitsrdquo 2014

17 Rules$903 Billion

$ B

illio

n 20

13

Ozone and CPP

Over$100 Billion

RFS Concerned Stakeholders

Draft for Internal Use Only

Northeast Crude Transportation Costs

Jones Act Shipto USAC~$600

Foreign Flagged Shipto E Canada

~$200

Foreign Flagged Shipto Europe~$200

Note Costs represent first half of 2015 Transportation costs are estimated based on information from publicly-available sources The values should not be relied upon by individual refiners Transportation costs typically vary by length of journey type of ship capacity market demand for transportation services and other market forces

Source Turner Mason amp CompanyConsulting Engineers

Page 4: 2016 AFPM Member Facilities - USEA... · AFPM American Fuel & Petrochemical Manufacturers 825 225 Stock Price Index Figure 1. S&P 500 OIL & GAS REFINING & MARKETING INDEX* (MPC PSX

RFS Concerned Stakeholders

Draft for Internal Use Only

Northeast Crude Transportation Costs

Jones Act Shipto USAC~$600

Foreign Flagged Shipto E Canada

~$200

Foreign Flagged Shipto Europe~$200

Note Costs represent first half of 2015 Transportation costs are estimated based on information from publicly-available sources The values should not be relied upon by individual refiners Transportation costs typically vary by length of journey type of ship capacity market demand for transportation services and other market forces

Source Turner Mason amp CompanyConsulting Engineers

Page 5: 2016 AFPM Member Facilities - USEA... · AFPM American Fuel & Petrochemical Manufacturers 825 225 Stock Price Index Figure 1. S&P 500 OIL & GAS REFINING & MARKETING INDEX* (MPC PSX

Draft for Internal Use Only

Northeast Crude Transportation Costs

Jones Act Shipto USAC~$600

Foreign Flagged Shipto E Canada

~$200

Foreign Flagged Shipto Europe~$200

Note Costs represent first half of 2015 Transportation costs are estimated based on information from publicly-available sources The values should not be relied upon by individual refiners Transportation costs typically vary by length of journey type of ship capacity market demand for transportation services and other market forces

Source Turner Mason amp CompanyConsulting Engineers