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Global Refining & Fuels Today: Fuels & Processing	May 04, 2012
Hart Energy Editors	E-mail

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Volume 4, Issue 86

Feature
Permian Takeaway Crisis Creates Urgent Demand for Spare Capacity
Key Market Prices
NYMEX WTI Declines 2.6% on Bearish Fundamentals
Public Policy
European Commission Fails to Agree on Biofuels Climate-Impact Policy
U.S. EPA Administrator’s Faux Pas Becomes Political Opportunity
Fuels & Processing
Gunvor Completes Purchase of Petroplus Antwerp Refinery
Phillips 66 to Double Fuel Exports in Next Two Years
Houma-to-Houston Reversal Open Season Deemed a Success
Iogen, Shell Cancel Canada Cellulosic-Ethanol Project
U.S. Natural Gas Production Hit All-Time High In 2011
Argentina Likely to Boost Biodiesel-Blending Requirements
Electric Power
Duke Buys Arizona Solar-PV Power Farm
Margins & Economics
Crude Futures Fall US$2.68/bbl on Economic Concerns
Caterpillar 1Q-2012 Profit Rises 29% Year-over-Year

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