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FIVE-YEAR REVIEW FOR OIL REFINERY SUBZONES
GUIDELINES 1. Provide evidence indicating how FTZ procedures, particularly NPF authority, positively affect the international competitiveness of the oil refining industry as a whole, encouraging U.S. production and employment that would otherwise occur abroad. Include a discussion of possible negative effects of continued operation under FTZ procedures (or absence thereof). Specifically address whether FTZ status for oil refineries encourages imports of crude oil. 2. Describe the industry circumstances that exist today, including: A. International competitiveness. An update of foreign competition and the threat of U.S. activity being shifted abroad. i. Describe in terms of imports of the following: a. Fuel products b. Standard Appendix petrochemicals and by-products c. Downstream chemicals d. Projections of future import penetration ii. Describe in terms of exports of the following: a. Fuel products (including jet fuel) b. Standard Appendix petrochemicals and by-products c. Downstream chemicals B. U.S. costs of production vs. foreign, including the extent to which environmental compliance impacts such costs C. U.S. and worldwide refining capacity3. How are these circumstances the same or different from those that existed when the 2000 NPF extension cases were being reviewed? 4. Explain why the current industry economic circumstances continue to provide a basis for continued operation under FTZ procedures. FTZ Staff 3/25/04 |