2015, Louisiana and Oil Prices

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2015

Louisiana

Oil Prices

Sasol bails on $13-$15B US GTL project, divests from Canadian shale; no new greenfield GTL

Green Car Congress

NOVEMBER 23, 2017

In January 2015 Sasol announced it was delaying a final investment decision on the proposed project near Lake Charles, Louisiana to conserve cash in response to lower oil prices. The company will continue to develop its $11-billion ethane cracker project in Louisiana; the project is almost 80% complete.

Oil Prices

Oil Prices Louisiana South Africa Oil

EIA: US refineries running at record levels; gasoline demand; exports up

Green Car Congress

AUGUST 7, 2015

Lower crude oil prices and strong demand for petroleum products, primarily gasoline, both in the United States and globally, have led to favorable margins that encourage refinery investment and high refinery runs. The record high gross inputs reflect both higher refinery capacity and higher utilization rates.

Gasoline

Gasoline 2014 Louisiana Oil

EV Driven

Sasol bails on $13-$15B US GTL project, divests from Canadian shale; no new greenfield GTL

EIA: US refineries running at record levels; gasoline demand; exports up

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