The European Refining Blues

European Refining Blues

theoildrum.com 19 Jun '12, 10pm

The European Refining Blues

About the same time as the refining margins peaked Europe got "biofuel fever". The old arguments surfaced. Climate change, energy independence, carbon emissions, green transport but no mention of Peak Oil anywhere in sight. The farm lobby was not slow to catch on, and we saw a massive push to biodiesel followed by a later push to ethanol under the guise of the renewable transport fuel obligations (RTFO). Biodiesel was competitive with mineral diesel we were told. Well fools and their money are soon parted and investors large and small raced headlong into the shark infested market of biodiesel. I remember in 2005 negotiating a tank storage deal with a long term supplier. He was well pleased. He had signed a 15 year deal with a large biodiesel producer. I was intrigued. It was a 15 year deal and 250 kta throughput. Those are big numbers. I thought, "What do these guys know t...

Full article: http://www.theoildrum.com/node/9193

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@xenvironmental » 22 Jun '12, 10pm
How did refining in Europe become so horribly unprofitable so quickly? [link]
@omairzahid » 20 Jun '12, 8am
Changes afoot in refining - [link]
@spbaines » 20 Jun '12, 8am
.@theoildrum with a great piece on how govt green policies have essentially killed the European oil refining industry: [link]
@peakoilnl » 19 Jun '12, 11pm
RT @TheOilDrum: The European Refining Blues [link]
@GroenWerkt » 19 Jun '12, 10pm
#oildr The European Refining Blues #mlfeeds: This is a guest post by Stephen Bowers (TOD user carnot) who works ... [link]
@EnergySysNews » 19 Jun '12, 10pm
[oilbarrel] The European Refining Blues: This is a guest post by Stephen Bowers (TOD user carnot) who works for ... [link]
@cfroyalty » 19 Jun '12, 10pm
The European Refining Blues: This is a guest post by Stephen Bowers (TOD user carnot) who w... [link] [link]
@openib » 19 Jun '12, 10pm
The European Refining Blues: This is a guest post by Stephen Bowers (TOD user carnot) who works for Evon... [link] #iSolar
@komaliaint » 19 Jun '12, 10pm
The European Refining Blues: This is a guest post by Stephen Bowers (TOD user carnot) who works for Evonik, a ma... [link]
@bigpicturetv » 19 Jun '12, 10pm
The Oil Drum: The European Refining Blues: This is a guest post by Stephen Bowers (TOD user carnot) who works fo... [link]
@waynemaceyka » 19 Jun '12, 10pm
via @TheOilDrum: The European Refining Blues: This is a guest post by Stephen Bowers (TOD user carnot) who works... [link]
@pcorwint » 22 Jun '12, 10pm
The European Refining Blues [link]
@Alltop_green » 22 Jun '12, 5pm
The European Refining Blues [link]
@EnergySysNews » 22 Jun '12, 4pm
[oilbarrel] The European Refining Blues: This is a guest post by Stephen Bowers (TOD user carnot) who works for ... [link]
@EnergySysNews » 21 Jun '12, 7am
[oilbarrel] The European Refining Blues: This is a guest post by Stephen Bowers (TOD user carnot) who works for ... [link]
@sawb3 » 20 Jun '12, 4am
RT @TheOilDrum: The European Refining Blues [link]
@JT_Livingstone » 20 Jun '12, 1am
RT @TheOilDrum: The European Refining Blues [link]
@ryan_c_lynch » 20 Jun '12, 12am
RT @TheOilDrum: The European Refining Blues [link]
@ISF_United » 19 Jun '12, 11pm
The European Refining Blues [link]
@TreeHugginVamp » 19 Jun '12, 11pm
The European Refining Blues [link]
@reinhard83 » 19 Jun '12, 11pm
The European Refining Blues [link]
@bestofscience » 19 Jun '12, 11pm
The European Refining Blues: This is a guest post by Stephen Bowers (TOD user carnot) who works for Evonik, a ma... [link]
@ch3I5 » 19 Jun '12, 11pm
RT @TheOilDrum: The European Refining Blues [link]
@Cimation » 19 Jun '12, 11pm
The European Refining Blues [link]
@sardire » 19 Jun '12, 10pm
The European Refining Blues [link]
@omnewswire » 19 Jun '12, 10pm
[link] The Oil Drum...
@jvogler » 19 Jun '12, 10pm
The European Refining Blues: This is a guest post by Stephen Bowers (TOD user carnot) who works for Evonik, a ma... [link]
@WeBuyWasteOil » 19 Jun '12, 10pm
The European Refining Blues [link] [link]
@TheOilDrum » 19 Jun '12, 10pm
The European Refining Blues [link]
@fixfrankenstein » 19 Jun '12, 10pm
via @TheOilDrum: The European Refining Blues: This is a guest post by Stephen Bowers (TOD user carnot) who works... [link]