D IGI T A L I S S U E
2012 STATE OF Exploring the future with
BY KEITHREID
back at the state of business during the previous year while also taking a look forward at what can be expect- ed in 2012. To get this critical insight, we
T
interviewed the member leaders (the newly elected presidents and chair- men) from the key associations serv- ing the industry. We asked them for feedback on their business operations as well as their perspectives on what's
HE STATE OF THE INDUSTRY IS TIMED for the New Year. It provides an opportunity to take a look
to expect from the associations in the coming year. Generally, our industry has been
holding its own in the recent reces- sion and anemic recovery. More than one of these leaders noted that the industry is recession resistant. That is true, but only in generalities. Specific operations have very much felt the recession and, of course, the grinding on of high fuel process for reasons more often than not unrelated to traditional supply and demand metrics.
ILTA
ILTA represents 86 companies and partnerships that operate bulk liquid storage ter- minals in 47 countries. These facilities are located in ports and along rivers, canals and pipelines. They serve the vital economic purpose of transferring liquid products from one transportation mode to another. Products handled by its members include crude oil, petroleum products and a wide variety of chemicals, as well as ethanol, biodiesel, vegetable oils, molasses and fertilizers. ILTA's mission is to provide its members with essential informational tools to facilitate regulatory compliance and improve operations, safety and environmental performance; offer opportunities for relationship building, networking and knowledge sharing; and represent the bulk liquid terminal industry before Congress and government agencies. ILTA's 2012 chairman is Michael J. Burgett, vice president, strategic sourcing at NuStar
Energy L.P. NuStar Energy L.P.'s asphalt refineries, refined product terminals, petroleum and specialty liquids storage and terminaling operations, and crude oil storage tank facili- ties are predominantly located on waterways that are easily accessible by barge or vessel. Altogether, these facilities have over 94 million barrels of storage capacity. NuStar Energy L.P.'s crude oil and refined products pipeline systems largely serve growing markets in the Mid-Continent, Southwest and Texas-Mexico border region of the United States.
2 STATE OF THE INDUSTRY • 2012 NPN Magazine n www.npnweb.com Our mix of leaders includes three
notable integrated petroleum mar- keters, an executive at a large travel plaza operation and an executive at a large terminal/supply operation. They respectively head the National Association of Convenience Stores, Petroleum Marketers Association of America, Society of Independent Gasoline Marketers of America, NATSO and the International Liquid Terminal Association. We basically get a broad perspective on what's happen- ing in the industry from rack to retail.
