Welcome to Table 3 of 'The Impact of Environmental Compliance Costs on U.S. Refining Profitability, 1995-2001.' For assistance with this document, please call the National Energy Information Center at (202) 586-8800.

Table 3.   Components of U.S. Refining/ Marketing Operating Return on Investment for FRS Companies, 1988, 1995, and 2001

  1988 1995 2001
  millions of 2001 dollars
Environmental Depreciation Expense 293 745 673
Environmental Operating Costs 1,890 2,186 3,057
 
  2001 dollars per barrel of refined product sales
Environmental Depreciation Expense 0.04 0.13 0.08
Environmental Operating Costs 0.36 0.49 0.34
 
  percent share of U.S. refining/marketing net PP&E
Environmental Depreciation Expense 0.6 1.4 0.9
Environmental Operating Costs 3.9 4.4 4.3
 
Environmental Share of
U.S. Refining/Marketing net PP&E (percent)		 7.6 17.5 11.6
 
Note: net PP&E = net property, plant, and equipment.
Sources: Energy Information Administration, Form EIA-28 Financial Reporting System (FRS); American Petroleum Institute, Petroleum Industry Environmental Performance (Washington, DC, May 1997); and American Petroleum Institute, U.S. Oil and Natural Gas Industry's Environmental Expenditures (Washington, DC, February 2003).

Last Updated on 5/14/2003
File name: http://www.eia.doe.gov/emeu/perfpro/ref_pi2/tab3.html
By Financial Analysis Team
Email: jon.rasmussen@eia.doe.gov