Refiners already have two built-in resources to help weather major demand shifts. Since the early 20th Century, the automobile has – for better or worse – been a major force in American life. Cars have influenced where Americans live, where they work, where they source food, what they do in their spare time, how they gauge social standing and more. Oil refiners have long provided the lifeblood for these motorized staples of Americana but, according to Boston Consulting Group (BCG), a significant role revision may await domestic refiners. In a recent interview with Rigzone, an author of a recent BCG report observed that changes in the automotive sector – tied to consumer attitudes, government policies and technology – could mean significant challenges as well as opportunities for U.S. refiners. Before elaborating on the outlook for refiners, however, here is a list of BCG’s three key automotive industry predictions. Conventional […]