Impact on Small Refiners of the Decision To Decontrol Crude Oil Prices

GAO was requested to provide certain information relating to the impact on small refiners of the President's January 1981 decision to decontrol the prices pf domestic crude oil and the allocation of refined products. Specifically, information was requested on a selection of small refiners which included ownership and/or affiliation, product slate, regional economic role or markets served in relation to the nearest integrated refinery, capacity utilization, and financial and employment data. For the purposes of this review, a small refiner processes 50,000 barrels of oil per day or less.