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Petroleum refining in the United States in 2024 had a capacity of 18.4 million barrels per day. [2] Although the US was the world's largest net importer of refined petroleum products as recently as 2008, the US became a net exporter in 2010, and in 2014 was the largest exporter and the largest net exporter of refined petroleum. [ 3 ]
The Oil & Gas Journal publishes a worldwide list of refineries annually in a country-by-country tabulation that includes for each refinery: location, crude oil daily processing capacity, and the size of each process unit in the refinery. For some countries, the refinery list is further categorized state-by-state.
Location of United States petroleum refineries, 2012. The United States petroleum refining industry, the world's largest, is most heavily concentrated along the Gulf Coast of Texas and Louisiana. In 2012, US refiners produced 18.5 million barrels per day of refined petroleum products. [18] Of this amount, 15 percent was exported. [19]
Chevron's shares declined 4% after it reported a loss in its refining business for the first time since 2020, causing the No. 2 U.S. oil producer to miss Wall Street's profit estimate. Big Oil ...
U.S. oil refining capacity this year could decline by the largest amount in nearly a decade as pandemic-related travel curbs and a fire shut several plants, reversing years of small gains. In the ...
While total refining capacity of Washington State comprises 3.4 percent of U.S. capacity, [2] Washington accounts for only 2 percent of national petroleum consumption. [3] This makes the state a net exporter of refined products as Washington's refineries yield more products than the population consumes.
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Historically low diesel inventory in the Northeast coupled with a lack of refining capacity is putting the region in “a very precarious state”, says one energy analyst. ... 800-290-4726 more ...