Tesoro 2015 Annual Report Download - page 21
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Please find page 21 of the 2015 Tesoro annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.-
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Terrorist attacks aimed at our facilities or that impact our customers or the markets we serve could adversely affect our business.
Our inventory risk management activities may result in substantial derivative gains or losses.
Competition in the refining, logistics and marketing industry is intense, and an increase in competition in the markets in which we sell our products
could adversely affect our earnings and profitability.