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Remove 2015 Remove Louisiana Remove Oil Remove Oil Prices
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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. Sasol has also decided not to invest in any additional crude oil refining capacity. —Stephen Cornell.

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Oil Prices Louisiana South Africa Oil 150
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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.

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Gasoline 2014 Louisiana Oil 150
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