OIL INVENTORIES SHOULD BE BASED ON MARGINS, SUPPLY RELIABILITY

U.S. oil inventories have plummeted to their lowest recorded levels this year, leading industry observers to conclude that refiners have adopted new just-in-time (JIT) inventory policies. The authors submit that the shift towards reduced oil inventories is not related to a concerted adoption of JIT by U.S. refiners, and that oil inventory management decisions should instead be based on refining margins and supply reliability.

• Availability:
  • Find a library where document is available. Order URL: http://worldcat.org/issn/00301388
• Corporate Authors:

  PennWell Publishing Company

  1421 South Sheridan, P.O. Box 1260
  Tulsa, OK  United States  74101
• Authors:
  • Waguespack, K
  • Cantor, B D
• Publication Date: 1996-7-8

Language

• English

Media Info

• Pagination: p. 39-41
• Serial:
  • Oil and Gas Journal
  • Volume: 94
  • Issue Number: 28
  • Publisher: PennWell Publishing Company
  • ISSN: 0030-1388

Subject/Index Terms

• TRT Terms: Just in time production; Oil pools; Petroleum industry; Petroleum refineries; Refining
• Old TRIS Terms: Petroleum economics
• Subject Areas: Highways; Vehicles and Equipment; I96: Vehicle Operating Costs;

Filing Info

• Accession Number: 00723338
• Record Type: Publication
• Files: TRIS
• Created Date: Jul 26 1996 12:00AM