The price of crude oil is one of the great drivers of our economy. At a minimum, the price of all goods includes costs of transporting them from manufacturer to consumer. But the price of crude oil and other oil materials can feel fickle, increasing and decreasing with supply or demand or even just market sentiment. Natural disasters or humanitarian crises can drastically impact availability or demand, sending prices hurtling skyward or crashing down. No refinery can control the entire market. All a refinery can do is operate their facilities in the most efficient and optimized manner. Doing that, however, requires an accurate way to monitor their process.
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