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BULK COPIES OF NEWSLETTER
Lundberg Letter subscribers, do you need to help others better understand issues and facts confronting your business? When distribution of one of our back issues is important in your communications efforts, please contact us. Corporate and association leaders and others have had us email or print and mail bulk copies to board members, conference attendees and/or other audiences over the years. Sometimes we can do this gratis. Call Crystal Vance, 805-383-2400.
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Lundberg Letter Current Issues
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| Issue Date | Title | Subjects | CAPTION |
Nov 05 2024
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Shell Rationalizes Refining Business
NORCO IS LAST REMAINING U.S. PLANT
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Company Profile
Refining
Market Share
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Since 2000, Shell has sold or closed 10 refineries, leaving it with just one plant, Norco. It has dropped from the nation's top gasoline market share to fourth. Its loss of interest in U.S. refining coincides with a new zeal for gasoline retailing, and emissions reductions.
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Oct 23 2024
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Post-Auction Future Still Foggy
CITGO SOLD FOR A SONG
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Company Profile
Mergers/Acquisitions
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Citgo was auctioned off for $7.3-billion on September 27. However, creditors owed $21.3-billion by Venezuela's government have other ideas and are protesting the proposed sale along with the Venezuelan government itself. The company has been operating in limbo since 2019 when the U.S. government seized it from state-run Petroleos de Venezuela. Herein we examine Citgo's refining capacity, gasoline market share, and outlet count.
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Tel:(805)383-2400 Email:lsi@lundbergsurvey.com Fax:(805)383-2424
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