Slide 30 of 30
Notes:
- The answer to the question on the prior slide is no. In summary, our assessment of European import availability to date is:
- Gasoline volumes are likely to remain about where they are today, although the availability of RFG blendstocks or finished RFG will be diminished.
- We are unlikely to see much relief from Europe if our refiners fall short in the transition to low sulfur diesel in 2006.
- The uncertainties behind these statements lean towards less product availability rather than more – with one exception: Middle East refiners. Should Kuwait and other refiners decide to produce ultra low sulfur diesel for the European market, for example, it could free up some capacity for export to the U.S.
