Rashid Khan 2006-07 SPE Distinguished Lecture - Society of ...
Rashid Khan 2006-07 SPE Distinguished Lecture - Society of ...
Rashid Khan 2006-07 SPE Distinguished Lecture - Society of ...
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Factors impacting crude price<br />
• Declining crude quality<br />
• Changes in product<br />
quality specifications<br />
• Little spare crude oil<br />
processing capacity<br />
• Investment constraints<br />
• Demand outpacing<br />
supply<br />
May a Discount from W TI ($ /bbl)<br />
25<br />
20<br />
15<br />
10<br />
5<br />
0<br />
Jan-99 Jan-00 Jan-01 Jan-02 Jan-03 Jan-04 Jan-05<br />
15