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Strong Global Demand for Refined Products Drives U.S. Refiners' Project Spending Plans, an Industrial Info News Alert

ID: 1069014
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(businesspress24) - SUGAR LAND, TX -- (Marketwire) -- 12/29/11 -- Written by John Egan for Industrial Info Resources (Sugar Land, Texas) -- Motorists should enjoy it while it lasts: U.S. retail gasoline prices have fallen by an average of 25 cents per gallon during the last two months, despite continued high prices for crude oil and the recent closure of two refineries in Pennsylvania. "Recent retail price declines for refined products don't make any sense," said Chris Paschall, Industrial Info's vice president of research for the . "I'd advise motorists to get ready for potentially significant retail price increases in 2012."

Other companies featured: (NYSE:SUN), (NYSE:COP)

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Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, and eight offices outside of North America, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle™, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. To contact an office in your area, visit the "" page.

Joe Govreau

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crack-spreads, industrial-info, refining, refinery, petroleum-refining, hpi, iir, turnarounds,

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Date: 12/29/2011 - 10:01
Language: English
News-ID 1069014
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Firma: Industrial Info Resources
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