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Editorial comment

Amidst the oft-heard rhetoric and ballyhoo regarding ‘change,’ 2009 proved to be challenging not only for American refiners, but for other businesses and the global economy as a whole. A look ahead to 2010 reveals that despite, or in some instances, perhaps due to, policymakers’ efforts to mitigate some of these challenges, the path forward remains somewhat uncertain, and by no means easy. The coming months, however, may well see developments in a number of areas that will have significant, long term consequences for American energy producers, consumers, and the overall economy.


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Amidst the oft-heard rhetoric and ballyhoo regarding ‘change,’ 2009 proved to be challenging not only for American refiners, but for other businesses and the global economy as a whole. A look ahead to 2010 reveals that despite, or in some instances, perhaps due to, policymakers’ efforts to mitigate some of these challenges, the path forward remains somewhat uncertain, and by no means easy. The coming months, however, may well see developments in a number of areas that will have significant, long term consequences for American energy producers, consumers, and the overall economy.