During his 45+ year career in the petroleum industry, Mr. Auers has performed a wide range of activities with a focus on the downstream segment. He started his career with Exxon Corporation in 1980, where he held various positions at its Baytown, TX refinery. In 1987, Auers joined Turner, Mason & Company (TM&C), an international downstream petroleum consulting group based in Dallas, TX. He spent 35 years at TM&C, serving the final 25 years as Executive Vice President. At TM&C, Mr. Auers developed and managed their subscription industry forecast publications, including The Crude and Refined Products Outlook, The World Refinery Construction Outlook, The World Crude Outlook, The North American Crude and Condensate Outlook and a variety of other regular and special industry publications and reports. He also served as the chief economist for the firm and led assignments in a wide range of areas, including refining economics and planning, LP modeling, merger & acquisition advisory services, downstream asset valuation, refined product market analysis, crude oil valuation, capital investment review, strategic planning, government policy impact assessment and litigation support. Upon retirement from TM&C in July 2022, Mr. Auers formed Refined Fuels Analytics as a subsidiary group within RBN Energy, where he continues to carry out similar assignments and has started a new comprehensive long-term industry market report, The Future of Fuels. Mr. Auers speaks regularly at various national and international industry conferences and workshops, has testified in both Houses of Congress and in other governmental and academic forums on energy policy issues. He holds a BS in Chemical Engineering from the University of Nebraska, an MBA from the University of Houston-Clear Lake City and is a Licensed Professional Engineer in Texas and Nebraska.
Posts by John Auers
Gulf Coastin’ – Marathon’s Decision to Unload Inland Refiners Shows the Gulf Coast is the Place to be
Marathon Petroleum is selling a pair of inland refineries — the 105-Mb/d St. Paul Park refinery in Minnesota and the 72-Mb/d Mandan refinery in North Dakota — to CVR Energy. Today, we look at why major refiners are increasingly pointing their investment dollars toward the Gulf Coast.
Still Not Dead – Valero Acquisition Breathes New Life into LyondellBasell’s Shuttered Houston Refinery
Valero Energy is paying $320.5 million to purchase LyondellBasell’s mothballed refinery on the Houston Ship Channel, with plans to restart 165 Mb/d of light, sweet crude processing at the site by the end of 2027. Today, we discuss what it means for Valero and the U.S. refining outlook.
Upgrade U – Upgrader Repairs Could Offer Surest Route to Higher Venezuelan Crude Oil Production
There’s no shortage of work to be done to revive Venezuela’s crude oil industry, much of which suffered from years of poor management and minimal investment. One rehabilitation effort that could deliver a lot of bang for the buck would be to repair and restart the industry’s crude upgraders.
Bright Side of the Road – Refiners Could Benefit from Dramatic Shifts Across U.S. Markets
The U.S. is on the brink of a major transformation in refined products. New pipelines into the Desert Southwest and connecting out to California, along with refinery shutdowns along the West Coast, are poised to usher U.S. refiners into a new era shaped by consolidation, efficiency and market power.
Frustrated – Complex Projects, Unpredictable Events Make Adding Refining Capacity a Global Challenge
Building and expanding refineries is a challenging task involving many moving parts. But even the best projects can unravel if politics shift, the economy sours, or another “black swan” event hits.