Industrial Info - Navigating the Currents of Change

Current State of the Automotive Sector

Industrial Info Resources — 8 Jul 2009 06:01:00 GMT

In the past two months, two thirds of the Detroit-Three, Chrysler LLC (Auburn Hills, MI) and General Motors Corporation (Detroit, MI) (NYSE: GM), have both filed for bankruptcy after accepting billions in tax payer financed aid. With the automotive sector continuing to experience poor sales, what is being done to bring these two automotive giants back from the edge of oblivion? And how fares the balance of the automakers as they weather the recession? Join David Pickering, Vice President of Production Research and Industrial Manufacturing Group Manager, as we discuss the current state of the automotive sector and where it is heading in the future on Navigating the Currents of Change.

Global Coverage takes the Spotlight as Industrial Info Expands

Industrial Info Resources — 24 Jun 2009 06:01:00 GMT

With the global recession still looming and U.S. and European plants closing, where can investors find the opportunities they need to continue to stay competitive? The Middle East continues to invest in its Refining and Chemical sectors as Dow and Saudi Aramco continue to proceed with their $25 billion joint venture Ras Tanura complex. India's major players such as Essar Global, GAIL, and Indian Oil have committed billions of dollars to chemical complexes across the country. China is still moving forward to complete its 11th five-year plan, which ends in 2010, with over 1,600 projects across all industries are scheduled to kick-off in 2010 and beyond representing over $725 billion of spending. Renewable energy is the flavor of the year as countries across the world invest in hydro, solar, biomass and the ever-increasing wind power sector. Join Chris Easley, International Research Manager of Industrial Info, to find out which global areas and sectors are still developing and growing.

Has the North American Chemical Industry seen the bottom?

Industrial Info Resources — 17 Jun 2009 06:01:00 GMT

Ask ten different people this question and you will likely get ten different answers. Industrial Info provides its view of the answer to this question by revealing the results of plant and project surveys for hundreds of projects and thousands of chemical processing industry (CPI) plants across North America. Spending for the CPI will continue to be stressed through 2009 although the outlooks for significant improvements in 2010 appear good. As we quickly approach the midway point of the current spending year, get an update on the number of capital and maintenance projects that have been delayed or deferred until next year or beyond. Join Industrial Info's Vice President of Chemical Processing for this edition of Navigating the Currents of Change and an overview of current project spending levels expected for the remainder of the year.

Expected Growth in the Power Industry Remains Positive

Industrial Info Resources — 10 Jun 2009 06:01:00 GMT

Despite a brief period of downturn, project spending in the power industry remains healthy. Construction starts for renewable energy projects as well as new natural gas fired generation are expected to remain steady through 2009. Presently Industrial Info Resources has identified over 8,000MW of new wind capacity representing almost $16 Billion and 16,000MW of new natural gas fired capacity or $12 billion that is still scheduled for construction kick off before the end of 2009. Join the host of Industry Today along with Industrial Info's Vice President of Research for the Power Generation Industry as they discuss this activity as well as other leading trends in the power industry.

Natural Gas Pipeline Industry - Growth Activity and Future Developments

Industrial Info Resources — 3 Jun 2009 06:01:00 GMT

Despite a national economic slowdown and a 30 percent drop in the overall grassroot construction of Natural Gas Pipelines in the United States since early 2008, the pipeline industry is finally showing signs of life. A large number of new and expansion projects are currently being developed for construction in the coming year. Currently Industrial Info is tracking almost 1,575 miles of pipeline and a record 12.0 Bcf/d of N/G capacity with a construction cost estimated of $4.5 billion. Join Ilna Penny, Senior Pipeline Researcher of Industrial Info to hear more about future spending opportunities and where they are planned.

Global Metals & Minerals Industry Project Development Volatility

Industrial Info Resources — 27 May 2009 06:01:00 GMT

A multiyear demand growth cycle for the Metals & Minerals Industry , which saw project spending for mining and steel projects accumulate, peaked in 2008. Project costs accelerated too, and then demand evaporated during the second half of 2008, culminating in extraordinary pullback in project development. With the recent economic downturn, demand for items such as steel, metals and other manufacturing goods has declined worldwide. Steel mills are currently operating at 50% capacity. Projects were stopped cold in mid-construction or have been extended over longer periods of time to spread out the costs. Many other projects have been delayed with a few cancellations. However, there are certain markets where projects continue to move forward. Lithium, polysilicon, coal and gold projects are moving forward in this economy, and global project development for these commodities is on the rise. Join Joe Govreau VP Research Metals & Minerals for a discussion on the changing Metals & Minerals Industry project development situation.

Project Prognosis for the North American Pharmaceutical -- Biotech Industry

Industrial Info Resources — 21 May 2009 06:01:00 GMT

Despite feeling the sting of the current economic climate, the North American Pharmaceutical-Biotech industry is definitely showing signs of life in capital project investment. A number of large $100 million plus institutional projects are moving forward as funding is being released for design and construction. In this edition of Navigating the Currents of Change, join Annette Kreuger, Vice President of Industrial Info Resources' Pharmaceutical-Biotech Group to discover that while the majors rearrange operations following all of the recent merger activity, CMOs and smaller companies are surprisingly active with a number of capital upgrades and expansions.

Coal Gasification Plants Slowly Moving Ahead but Funding Proves to be the Industry's Next Hurdle

Industrial Info Resources — 29 Apr 2009 06:01:00 GMT

There are thirty some coal gasification projects in the works across the United States and not one project has moved into the construction phase. The capital to build these plants hits over $59 billion, yes with a "b" and in the current credit crisis, finding the funding to move these projects forward has been challenging for the industry. Join Jay Brunson, Industrial Info's Vice President of Alternative Fuels for an in-depth discussion on the controversial coal gasification industry.

Growth in Global and International Markets

Industrial Info Resources — 1 Apr 2009 06:01:00 GMT

Join Industrial Info's Vice President of Global Markets, Simon Phillips, for a discussion on international markets outside of North America. Industrial Info has been reporting project activity for international markets since 1995 focusing on key infrastructure and energy markets including the Electric Power industry, Petroleum Refining, Chemical Processing and Metals & Minerals. Today Industrial Info has a network of people around the world located in areas such as South America, China, India, South Africa, Australia, and Europe to help in developing even more in depth research, similar to the coverage currently offered for North America. Join Mr. Phillips for this edition of Navigating the Currents of Change to learn more about Industrial Info's global growth plans and attendance at Power-Gen Europe 2009 in Cologne, Germany.

Eye of the Trader: The Future of the Power Generation Market

Industrial Info Resources — 31 Mar 2009 06:01:00 GMT

The power industry isn't immune to the global economic troubles facing the industrial world although all the news isn't bad. There are currently 50,000MW of new power generation capacity under construction in the United States with even more needed in future years to growing demand. In this edition of Eye of the Trader join Industrial Info's Paul Copello, Senior Vice President of Sales along with special guest Shane Mullins, Vice President of Power Research and Product Development, as they discuss current carbon capture legislation, expiring coal and nuclear capacity in future years plus many other topics important to the power industry. Learn about expectations for new transmission capacity and the rapidly growing development of large scale power generation from solar technology.

What's the Health of the North American Chemical Processing Industry?

Industrial Info Resources — 25 Mar 2009 06:01:00 GMT

Capital spending for the North American chemical processing industry (CPI) has slowed but not stopped entirely. The CPI is feeling the effects of a globally slow economy although certain traditional and even niche segments remain in good health with ongoing and future spending still actively being planned and executed. In this edition of Navigating the Currents of Change join Trey Hamblet, Vice President of Industrial Info's Chemical Processing Group to hear more about which segments are performing the strongest and the latest on future spending trends.

U.S. Rail Industry Stimulated, Projects Coming to the Forefront

Industrial Info Resources — 18 Mar 2009 06:01:00 GMT

For the last several years light and commuter rail projects have almost been in a holding pattern. Rail spending was not a high priority with the Bush administration and while they did continue funding to the transportation bill several years ago, they certainly did not pursue additional funding for these massive projects. The Obama administration, however, appears, at first glance, to be a major proponent of the sector. Over $8 billion was included in the stimulus bill for rail spending, some of which rail agencies are already making good use of. Join us as we discuss the future of the rail sector with Industrial Info's VP of Research for Industrial Manufacturing, David Pickering.

Food & Beverage Industry Expenditures Holding Steady Despite Economic Downturn

Industrial Info Resources — 26 Feb 2009 06:01:00 GMT

News of massive layoffs and plant closings are widespread throughout many U.S. industries. Although faring reasonably well in the current economic downturn, the Food and Beverage Industry has scaled back spending plans for 2009, although investments in new facilities and plant expansions are still considerably strong. In this edition of "Navigating the Currents of Change," Randy Godet, Industrial Info's VP of Food and Beverage, will discuss the industry's spending trends during the current recession and what manufacturers are doing to prepare for 2010.

The Future of the North American Automotive Sector

Industrial Info Resources — 11 Feb 2009 06:01:00 GMT

The North American automotive sector has been under fire over the past few months, both in the media and in Washington D.C. After decades of poor management, off-target marketing and wasteful spending, the sector has been brought to the brink of extinction. Now, with Congress forcing the issue, the North American automakers are going through a painful and rapid rebuilding process. Will all of the automakers survive? Join us as we discuss the future of the North American automotive sector with David Pickering, Vice President of Research and Industrial Manufacturing Group Manager for Industrialinfo.com, as he discusses this volatile sector in detail.

Eye of the Trader: An Outlook for North American Petroleum Refiners

Industrial Info Resources — 28 Jan 2009 06:01:00 GMT

This edition of 'Eye of the Trader' will continue to explore what changes are taking place in the physical downstream market due to harsh market conditions. With even more recent bearish news and market events, what are the impacts along the Gulf Coast and other regions. Join Industrial Info's Vice President of Energy, Paul Copello and Vice President of Refining, Chris Paschall and learn more about production curtailments, unit capacity changes plus the inside story on future capital and maintenance spending.

Suppliers Encouraged to Take a Second Look at the Pulp and Paper Industry

Industrial Info Resources — 21 Jan 2009 06:01:00 GMT

Like most manufacturing sectors in the U.S., the forest products industry is suffering from the downturn in the global economy. However, manufacturers of pulp, paper and wood products are no strangers to the current economic climate and may be well positioned to survive these recessionary times, representing a significant market for the suppliers that provide goods and services to this industry. The challenge for most will be to uncover where the capital investments are being made and which companies, plants and projects could lead to opportunities. Randy Godet, Industrial Info's Vice President for Pulp, Paper and Wood, plans to provide insight into what the Pulp and Paper Industry has to offer, even while cutbacks, layoffs and plant closings are on the rise.

Crude Oil and Natural Gas Companies Maneuver to Adapt to a Lean Year in 2009

Industrial Info Resources — 14 Jan 2009 06:01:00 GMT

Looking back over the last few months the price of crude oil has plummeted from an all time historical high to what now is almost a three year low in a matter of just a few months. The price of natural gas has also dropped significantly during the same time period and is hovering at a low in what should be a time of year that brings a positive price swing. Join Industrial Info's Vice President of Oil & Gas to get an insight on his thoughts on where this market is and where it is going.

The Ethanol Industry Continues to Face Decreased Demand and Fewer Financing Options

Industrial Info Resources — 8 Jan 2009 06:01:00 GMT

The U.S. ethanol industry is in a crisis as projects all over the country are faltering due to the suffering financial market. Ethanol producers are reeling from volatile corn prices, weak demand and an unfavorable outlook due to falling petroleum prices. Despite a significant loss in growth within this industry segment over the past year, a significant number of the existing producers are needed to meet fuel blending requirements and these producers have many battles ahead of them including significant losses and corn price hedging that has worsened. Join Jay Brunson, Vice President for Industrial Info's Alternative Fuels Group for an in-depth discussion on the controversial biofuels industry.

Industrial Info Increases the Focus on Industrial Markets in Latin America

Industrial Info Resources — 24 Dec 2008 06:01:00 GMT

Join Industrial Info's Vice President of Power, Britt Burt and Dolores Frias Director of Latin America Research in this edition of Navigating the Currents of Change to hear first hand how Industrial Info has developed comprehensive coverage of the key industrial segments of Latin America. Mrs. Frias leads a team of over 20 researchers located in Cordoba, Argentina that have identified over 2,200 operational power generation units in the region and beyond. This interview includes highlights on future spending trends in the region and a recap on where investment dollars are expected in the coming years.

Eye of the Trader, a Snapshot of the Petroleum Refining Industry

Industrial Info Resources — 19 Dec 2008 06:01:00 GMT

In this interview hear Industrial Info's Senior VP of Energy, Paul Copello and Chris Paschall, VP of Petroleum Refining visit and discuss the affects of the current economic slowdown on the global refining industry . How are the current financial market troubles going to influence planned refinery turnarounds scheduled for 2009? What kind of decrease can we expect to see in capital and maintenance spending next year? Hear Mr. Paschall's answers to these questions and more including "how are refiners cutting costs without compromising safety and critical needs?" in this exclusive interview on 'Eye of the Trader'.

Has the Chemical Processing Industry Lost its Momentum?

Industrial Info Resources — 17 Dec 2008 06:01:00 GMT

A large percentage of the North American chemical processing industry (CPI) has lost the momentum of strong growth and demand it enjoyed during recent years. Despite the current economic woes globally, there is still a great deal of spending still planned and a significant level of opportunistic spending by the chemical majors. Join Trey Hamblet, Vice President for Industrial Info's Chemical Processing Group to get an insight into what can be expected of the chemical industry in 2009, what are the largest projects to follow and his opinion on when the industry will begin to ramp up spending again.

Global Power Industry Perspective and Trends for 2009

Industrial Info Resources — 11 Dec 2008 06:01:00 GMT

In a video interview at Industrial Info's studio in Sugar Land, Texas, Richard Finlayson, Industrial Info's Johannesburg-based senior international editor, said that the concerns and priorities of South Africa's national power utility Eskom, were mirrored by power companies worldwide. Some of these concerns were project investment capital, power shortages and the need for the addition of base load power using cleaner coal-fired power technologies. These concerns ran parallel with nuclear power developments and the priorities of the environment and sustainability of resources.

How will the current economic situation effect capital spending for the Metals & Minerals Industry in 2009?

Industrial Info Resources — 10 Dec 2008 06:01:00 GMT

Due to the current economic climate and financing/credit problems, Metals & Minerals companies in growing numbers are reducing production and capital spending plans for 2009. In the short term, a shift is expected from larger expansions and grassroot construction, which have been prevalent in the steel and mining sectors in 2007 and 2008, to smaller capital projects, upgrades and consolidations, as well as maintenance as companies reign in spending. This could turn around during the second half of 2009 if economic conditions improve. After the Fall 2008 financial collapse everyone held their breath wondering what the fallout would be. Now, daily we can see what the fallout is as company after company announces production cutbacks, layoffs, plant closures and capital spending cuts in an attempt to conserve cash. Aluminum, steel and mining project deferrals are starting to accumulate as the worldwide economic climate and sinking commodity prices impact the market. Join Joe Govreau, Industrial Info's Vice President of Metals & Minerals for a discussion of these trends in a look forward to 2009.

The Global Power Industry Faces Many Challenges going into 2009

Industrial Info Resources — 1 Dec 2008 06:01:00 GMT

Over the past several years the global Power Industry has maintained strong and steady growth in project spending. This growth has been driven by the constant worldwide increase in demand for electrical power, more stringent environmental regulations in the United States and abroad as well as healthy spending programs dedicated the modernization and maintenance of the existing generation fleet. With the world facing an economic downturn and possible recession, power producers are in the midst of developing the most viable strategies to address changing load demand projections. The landscape for environmental compliance project spending is taking new shape as even tougher regulations seem inevitable. Join the power industry specialists of Industrial Info to learn more about the key factors that will drive future project spending.

International Coverage: Global Investment and Growth

Industrial Info Resources — 4 Nov 2008 14:01:00 GMT

In 2007-08 China enjoyed the spotlight as one of the strongest and fastest growing international regions. Now, the world could be facing a global recession that will affect both industrialized and developing nations. As China still remains strong with its national industrial investments and continues to build and grow its industrial infrastructure, India is finding its spotlight on the world stage where private investment, as opposed to China's government-backed investment, is providing opportunities for major industrial projects and infrastructure development. Companies all over the world will be scrambling to keep pace with industrial supply and demand by diversifying their products and exploring and implementing new technologies. The technology of coal-to-chemicals is rising in the East, as more and more companies and countries look for feedstocks other than oil for producing chemicals. Join Chris Easley, Industrial Info's International Research Manager, to learn more about how a global recession will affect industrial spending for even the strongest international markets.

Pharmaceutical-Biotech: An Era of Change

Industrial Info Resources — 28 Oct 2008 14:01:00 GMT

It could be said that the North American Pharmaceutical & Biotech Industry is joining the legions of baby boomers that now count among its largest customer base. Where the industry once ran on an almost unparalleled trajectory of growth, today it is showing its age a bit and has had to adjust its goals accordingly. It is an industry in transition and there is no pill or potion to ease the discomfort during this rite of passage. All signs and symptoms indicate that the future promises a series of reality checks for the pharmaceutical and biotech sectors find themselves increasingly allied. Join Annette Kreuger, Industrial Info's Vice President of Research for the Pharmaceutical & Biotech Industry on this edition of "Navigating the Currents of Change" for an overview of what is going on now in the Pharma-Biotech Industry and what to expect in the coming year.

Challenges for the Food & Beverage Industry are Plentiful

Industrial Info Resources — 15 Oct 2008 14:01:00 GMT

Heading into the final stretch of 2008, Randy Godet, Vice President of the Food & Beverage Group at Industrial Info will look at some of the biggest challenges currently facing the Food & Beverage Industry and how the industry plans to overcome those obstacles in the coming year. Record levels of input costs, including high fuel and feed prices, a decline in the value of the U.S. dollar, and a general feeling that the economy is on the brink of a recession are among the dominant issues that manufacturers have to address while trying to sustain their present market share. These factors are key in defining the types of capital investments that are on the table for next year and in what areas of the industry can expect to get those dollars.

Automotive, Plastics, Printing -- What Level of Investments can these Sectors Expect in the Coming Year?

Industrial Info Resources — 15 Oct 2008 14:01:00 GMT

For the past few years spending within the Industrial Manufacturing Industry in the United States has been expansive. However, the recent combination of rising oil and gas prices, the rapid decline of the American automotive sector, the housing crisis and the failure of numerous financial institutions on Wall Street have taken a toll on the industry and overall spending. Almost every sector within the Industrial Manufacturing Industry, from automotive to plastics to printing and publishing to textiles has taken a hit in the last two years as a result. Join David Pickering, Vice President of Research for the Industrial Manufacturing Group at Industrial Info for a discussion on the current state of the Industrial Manufacturing Industry and a look at what next year's spending in the industry might bring.

Volatility in the Oil Market Reaches all Time High

Industrial Info Resources — 7 Oct 2008 18:01:00 GMT

The volatility of oil prices are now at historical levels. The price of oil is higher and now the price swings are by far the widest ever seen and the price swings are becoming a continuous event. New market forces outside simple demand and supply equation mixed with geopolitical issues are entering the market place. The American people have been told by every administration since the 1970's that we will become independent of foreign oil and hence also become free of the political wrangling and regional conflicts which in itself is an endless cycle fueling upon itself. One has to stop and ask, what are the real alternatives? Is the question really becoming totally unchained from foreign oil or is it a question of how far we are willing to go to limit our exposure to foreign oil sources? Join Vice President of Oil and Gas Production, Ed Weatherly of Industrial Info for his answers to these and many other industry related questions.

An Update and Outlook on the Pulp, Paper and Wood Industry

Industrial Info Resources — 30 Sep 2008 18:01:00 GMT

Following several years of industry consolidation that led to over 100 mills closing and an equally high number of shuttered machines, Randy Godet, Industrial Info's Vice President of Production Research for the Pulp, Paper and Wood Industry will offer an analysis of the current state of the industry and explore what's ahead for North American producers. The discussion will include the impact of globalization and consolidation on capital spending and whether there will be further contraction. The conversation will point out some of the initiatives being taken to keep manufacturing operations running while trying to remain competitive.

Trends in the Oil and Gas Transmission Industry

Industrial Info Resources — 24 Sep 2008 18:01:00 GMT

As the price of natural gas remains high compared to historic levels, the pipeline construction sector continues at a roaring pace. New construction projects continue to mount up as transmission companies race to place pipelines into service bringing new natural gas supplies to market from growing production areas. Along with the increased focus for new transmission lines is the spending for natural gas storage projects. Many of these storage projects have been proposed for some years and momentum is just now beginning to take shape that will bring these projects to reality. The growing production volume of crude oil derived from Canadian oil sands is driving new pipeline proposals as far south as Cushing, Oklahoma with some pipeline companies holding open seasons for pipeline connections to Beaumont and Houston, Texas. Join Industrial Info's industry experts for this edition of Navigating the Currents of Change to learn more about these and other trends influencing spending in the transmission sector.

Global Mine Project Development Explodes to $240 Billion

Industrial Info Resources — 9 Sep 2008 18:01:00 GMT

With more than $240 billion in planned mining projects worldwide, the mining industry is exploding with activity. Worldwide demand growth and rising commodity prices are driving grassroot mine construction and mine expansion projects. However, escalating development costs are placing constraints on project implementation. The world's largest mining industry conference and exhibition, the 2008 MINExpo will be held September 22-24, 2008, at the Las Vegas Convention Center in Las Vegas, Nevada. Join Industrial Info's VP of Metals and Minerals research, Joe Govreau for a discussion on mine industry trends, the importance of the MINExpo, and a review of global mining industry project spending.

Highlights of the North American Chemical Processing Industry

Industrial Info Resources — 2 Sep 2008 18:00:00 GMT

The North American chemical processing industry (CPI) has weathered the storm of volatile energy and feedstock costs exceptionally well over the past year. Although some project cancellations have been directly tied to increased operating costs, an even larger number of new projects are moving forward and the outlook for CPI project investments remains very strong. How long can the industry keep up this pace? Join Trey Hamblet, Vice President for Industrial Info's Chemical Processing Group to get an insight into upcoming trends and market constraints influencing the CPI market as we move into a new year.

Gustov Brings Disruption to the Gulf Coast Oil and Gas Infrastructure

Industrial Info Resources — 29 Aug 2008 18:00:00 GMT

Hurricane Gustov is headed for the US Gulf Coast and meteorologists place the path of the storm to make landfall between Southeast Texas, Port O’Conner and New Orleans. The potential devastation caused by this storm could send commodity prices back through the roof. In this segment, our industry experts describe the oil and gas infrastructure landscape that lies in the path of the storm and the potential destruction it can cause. What are the scenarios and how will it impact over 1,000 offshore production platforms, distribution systems and 33 major petroleum refineries.

Terminals (Oil and Gas) Industry Continues Strong throughout the Remainder of 2008 with a Strong Outlook for 2009

Industrial Info Resources — 26 Aug 2008 22:30:00 GMT

As the cost of crude oil and gasoline reached record highs this year, the terminals industry is fueled to grow at a steady pace. There is a continued demand for additional storage and not just for crude oil and gasoline but also for ethanol and allied chemical products. Terminal operators are also investing in ethanol blending equipment to keep up with increased demand for ethanol as mandated in the Renewable Fuel Standard included in the Energy Policy Act of 2005. Other investments in the terminal distribution infrastructure include loading rack additions or expansions and manifold additions to support pipeline expansions. Despite lack of LNG supply, LNG importers are still proceeding with plans to construct import facilities. Join Industrial Info's industry experts for an insight on these topics and much more.

The Biofuels Industry Continues to Take a Pounding as Feedstock Prices and Construction Costs Continue to Rise

Industrial Info Resources — 19 Aug 2008 22:30:00 GMT

Over the first part of 2008, not a single corn-based ethanol plant has started construction, and the biodiesel industry has had only a handful of construction starts. Project cancellations and projects' being put on hold until market conditions improve are almost a daily happening. Corn prices have risen to $7.11 per bushel, and soybean oil is at an all-time high of $5.78 per pound. Flooding in the Midwest has also affected this year's corn and soybean crops, but the industry is not yet in panic mode. Join Jay Brunson, Vice President for Industrial Info's Alternative Fuels Group for an in-depth discussion on the controversial biofuels industry.

Industrial Info Highlights Project Activity at Coal Fired Power Plants

Industrial Info Resources — 13 Aug 2008 22:30:00 GMT

Project spending in the coal fueled segment of the power industry remains strong. Don't miss the opportunity to hear an in depth discussion as Britt Burt, Industrial Info's Power Industry VP Research as he discusses the leading factors driving project spending for new build activity and in plant spending at coal fired power plants. In addition he will also offer insight as to how growing demand, volatile fuel prices and escalating construction costs could affect future retail electricity prices.

Summer has arrived and the season influences several challenges for the Petroleum Refining Industry

Industrial Info Resources — 30 Jun 2008 22:30:00 GMT

The summer season generally brings with it higher demand for transportation fuels which serves the Petroleum Refining Industry well, although the season also holds the potential for costly hurricanes. This summer refiners not only have to worry over weather but the extreme cost of crude oil and consumers that are increasingly changing their driving habits to reduce consumption. Join Chris Paschall, VP Petroleum Refining of Industrial Info Resources along with the host of Industry Today for an informative look at expectations for this industry during the coming months.