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unusual. Of the amount of crude oil processed by the CRA
refineries, the percentage that was produced by Terra is
petitioner’s self-sufficiency. The self-sufficiency ratio
for an integrated oil company is the ratio of the quantity
of the crude oil produced by the company to the quantity of
crude oil processed by its refineries.
At no time during its existence did Terra and the
other exploration subsidiaries meet petitioner’s goal of
obtaining a 50-percent self-sufficiency ratio, that is, of
producing 50 percent of its refineries’ needs. The volume
of crude oil processed at CRA’s refineries, and the volume
of such crude oil that was produced by Terra from 1971 to
1982 were as follows:
Crude Processed atCrude Produced By
CRA Refineries Terra Self-sufficiency
Year (Barrels per day)1(Barrels per day)Ratio
1971 52,085 11,904 22.85
1972 53,852 11,555 21.46
1973 51,997 10,425 20.05
1974 56,959 11,033 19.37
1975 62,271 11,312 18.17
1976 68,527 13,249 19.33
1977 71,756 13,455 18.75
1978 71,926 12,636 17.57
1979 76,167 11,597 15.23
1980 71,434 10,937 15.31
1981 68,896 10,310 14.96
1982 55,932 9,984 17.85
1 This does not include amounts refined at the NCRA refinery, of which petitioner
was part owner.
Petitioner’s goal of 50 percent self-sufficiency did not
represent an industry standard or have a particular
economic motive. The decline in self-sufficiency between
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