DCReader

Tracking Crack Spreads

Thanks for the interesting article. You mention that the crack is more important for oil companies not relying (primarily) on their upstream crude extraction operations. How important are the un-integrated players in the distillate production market? Aren't the exxons and chevrons producing most of the nation's gasoline? Are you aware of a source providing data on the percent reliance on foreign crude by the major refiners? Thanks!