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Regional Challenges: The Border Adjustment Tax Plan & the U.S. Refining Sector

How could the proposed border adjustment tax affect U.S. downstream oil markets?

Understand the challenges and opportunities that U.S. refiners could face.


The Border Adjustment Tax Plan and the U.S. Refining SectorThe proposed border adjustment tax, which has yet to be explained fully in legislation, would apparently render exports tax-exempt while imposing a 20 percent tax on imports. The argument for this change is that it would bring the U.S. tax system more in line with how some major global trading partners raise tax revenues through value-added taxes (VATs).

In this complimentary white paper, Genscape analysts explore the new challenges and opportunities that U.S. refiners are likely to face if this proposed border adjustment tax comes to fruition. Learn why Genscape expects refiners in each U.S. region to face unique challenges within a dramatically changed cost structure if the price of irreplaceable foreign heavy crude increases as part of the proposed federal tax plan.

Topics covered in this white paper include:

  • An outline of the proposed border adjustment tax
  • An overview of U.S. crude imports by grade and refined product exports
  • A regional analysis of potential impacts on U.S. refiners, including:
    • Gulf Coast
    • Midcontinent
    • East Coast
    • West Coast

Genscape’s Oil Market Services use a combination of proprietary and patented methodologies to provide the most comprehensive, timely coverage of oil market fundamentals. To learn more, or to request a trial, please click here.

To download a copy of the complimentary white paper, please fill out the form to the right.