Energy Bill May Adversely Affect Refiners: Report
The report, titled “2007 Energy Bill: Slower Downstream Growth Ahead,” examined the potential negative credit impacts of the law.
It found that the act would decrease barriers to entry through ethanol plant expansions and perhaps spread infrastructure costs onto the refining industry.
“It's a low-growth industry,” said Mark Sadeghian, the director of energy for Fitch Ratings,...
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