Retail and Wholesale Fuel/Pipeline Thruput

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Question
Can you brief me thru the concept of pipleline thruput. Does it differ from Refinery or crude Throughput. Does total thruput equal to the summation of both pipeline + refinery thruput ?

Answer
There are two type of oil pipelines:  Crude oil and Fuel.
Refineries receive their raw materials by pipeline, rail cars and tanker trucks.
They ship their finished products the same way to terminals, harbors and thru put racks.
Inventory levels on both crude oil and finished products are brought in and shipped out based on supply demand within the region they operate.

Retail and Wholesale Fuel

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Bob van der Valk

Expertise

Bob van der Valk recently joined the Bakken Oil Business Journal as their Managing Editor of the bi-monthly print and digital journal editions, connecting business and resources for the greater Bakken area. Bob has collaborated & contributed to the editorial voice of the Bakken Oil Business Journal since its inaugural issue in May of 2012. He has been the source of information on the petroleum industry, as a whole, in addition to paying specific attention to the booming growth of Oil & Gas industry in the Bakken Oil Shale Region. Bob is quoted regularly in the national media for his expertise on petroleum industry matters and fluctuations in the prices of petroleum products. Bob has over 50 years of experience in the downstream refining and marketing sector of the petroleum industry with particular expertise on the U.S. western region. He is also a regular guest on Tom Egelhoff’s “Open for Business” radio program on KMMS-AM 1450 from Bozeman discussing current events in the petroleum industry for the region.

Experience

I have over 50 years experience in both the major and independent side of the refining and marketing side of the US petroleum industry.

Publications
Bakken Oil Business Journal

Education/Credentials
Associate in Arts degree at Cerritos College, Cerritos, CA

Awards and Honors
California Real Estate Broker

Past/Present Clients
4Refuel LLC, Lynnwood, Washington

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