Online Courses

Oil Industry Economics: From wellhead to gas pump

EMI’s Oil Industry Economics On Demand course will help you understand the financial impact of each step of the oil industry, from wellhead to gas pump

With more than 13 hours of online, recorded instruction, you get the same in-depth, top-notch learning experience that EMI’s in-person classes are known for. Plus you have the advantage of accessing your course anytime, anywhere.

Full Course Description

Have questions? Want to know if this course is right for you? Email your questions to online@emi.org and we’ll help.

During Oil Industry Economics On Demand, every step of the oil industry is examined by defining the primary components that impact economics and then quantifying the costs or revenues that flow from those activities. We us relevant futures scenarios, government statistics, SEC 10-Q’s, tariffs and actual margins to move the course beyond simple academics to a real-world understanding of the business . This emphasis on actual industry economics drives a deep understanding of the domestic physical market, global supply and demand factors, and geopolitical influences.

Some specific topics covered during this course include:

  • Per barrel costs of finding and lifting crude oil.
  • Pipeline, rail, and water considerations and rates.
  • Refinery configuration, complexity, and crack spreads.
  • Flow of domestic price dynamics from spot market to pump.
  • Regional gasoline and diesel retail price dissection.
  • Futures market dynamics and forward curve influences.
  • Geopolitical drivers and effects.

The course totals 13.5 hours of recorded instruction.

SCORM compliant. Available across all platforms (desktop, tablet and mobile).

EMI online learning programs provide immediate access to instructor-narrated courses on a wide variety of industry topics. Most courses contain multiple sessions comprising 6 or more total hours of content. Upon purchasing you will receive an instant email containing your secure registration credentials. Your course selections are ready and waiting for you upon login. Programs are viewed on demand using your standard web browser and high-speed internet connection. Access to each individual session will end 14 days after first being accessed, although there is no limit to the amount of time it takes to complete the entire course.  You can start, stop, pause and view the content within each session as often as you like during the access period.

Group licensing available. Contact EMI at info@emi.org or 888.871.1207 to request details. CPE credits are not currently available for EMI On Demand courses.

  • Major Oil & Large Independent:
    • Refiners
    • Marketers
    • Supply & distribution personnel
    • Exchange personnel
    • Terminal managers
    • Risk managers
    • Wholesale and commercial managers
    • Traders
  • Wholesale/Marketing Companies
  • Jobbers/Diesel Fuel Distributors
  • Every level of the trading community, both physical and financial.
  • Truck stop & retail chain operators:
    • Fuel purchaser
    • Hedgers
    • Marketers
  • End-Users
    • Trucking companies
    • Barge and shipping companies
    • Commercial and private airline fleets
    • Government Agencies – Federal-State-Municipal
  • Lenders to the oil industry
  • Futures & OTC brokers
  • Media companies
  • Oil reporters
  • Oil analysts
Industry Segment
Course Level
Introductory
EMI Credits
6
Course Type
Online