US Downstream Market Outlook
US Downstream Market Outlook
US Downstream Market Outlook
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Light/heavy differentials will provide incentive<br />
for incremental conversion investments . . .<br />
20<br />
<strong>US</strong>GC Light Products minus Fuel Oil,<br />
Constant 2004 Dollars per Barrel<br />
15<br />
10<br />
5<br />
0<br />
1985 1990 1995 2000 2005 2010<br />
20
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