Monday, October 02, 2006

Oil & Gas / Refining / Product categories 0 comments

(P.S: Sorry for any disturbances the advertisements above may have caused you)

Below I explore the various products of refineries and the demand structure. This gives an understanding of the relative importance of various end-demand sectors to demand for petroleum products.

Typical Product Yield from a Barrel of Crude Oil

Historical Petroleum Demand by Product in the US

End-Demand Structure
The following are the major economic sectors to which consumption is allocated.

Residential Sector. Private households that consume energy primarily for space heating, water heating, air conditioning, refrigeration, cooking, and clothes drying.

Commercial Sector. Non-manufacturing or non-transportation business establishments, including hotels, motels, restaurants, wholesale businesses, retail stores, laundries, and other service enterprises; health, social, and educational
institutions; religious and nonprofit organizations, and Federal, State, and local government institutions. Street lights, pumps, bridges, and public services are included.

Industrial Sector. Manufacturing, construction, mining, agriculture, fishing, and forestry establishments.

Transportation Sector. Private and public vehicles that move people and commodities. Includes automobiles, trucks, buses, motorcycles, railroads and railways (including streetcars), aircraft, ships, barges, and natural gas pipelines.

Electric Utility Sector. Privately and publicly owned establishments that generate, transmit, distribute or sell electricity primarily for use by the public. Nonutility power producers are not included in the electric utility sector.

Typical demand in a developed country (the US)

Petroleum products and uses

(1) US Department of Energy -- Petroleum: An Energy Profile 1999




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