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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.
Due to the great surge in American production of oil, natural gas, and natural gas liquids since 2008, those products have been cheaper in the North American market than worldwide, giving American refiners a major cost advantage. [17] The discount on US crude is partially attributed to the long-standing federal ban on exports of American crude oil.
Federal leases in green; areas proposed open for leasing 2007-2012 in grey (Minerals Management Service) From 1954 to 2023, federal offshore tracts produced 21.4 billion barrels (3.4 × 10 9 m 3) of oil and 195 trillion cubic feet (5.5 × 10 12 m 3) of natural gas.
Employers added 143,000 jobs in January amid LA wildfires, cold weather and uncertainty over President Trump's trade and immigration policies.
Most oil is initially carried off the site by tanker truck. The truck may take the oil directly to a nearby refinery. In 2014, 2.6 percent of oil arrived at refineries by truck, up from 2.6 percent in 2005. If the refinery is not close, the tanker truck will take the crude oil to a pipeline, barge, or railroad for long-distance transport.
The report cited the passage in 2023 of a bill that gives the state power to set limits on refinery profit margins, with heavy penalties for noncompliance. The state hasn't yet exercised that option.
[166] [167] The U.S. State Department's Preliminary Supplemental Environmental Impact Statement, issued in March 2013, estimated 3,900 direct jobs and 42,000 direct and indirect jobs during construction. In July 2013, Obama said "The most realistic estimates are this might create maybe 2,000 jobs during the construction of the pipeline, which ...
The report from the Bureau of Labor Statistics, with preliminary revisions to the jobs data, is due at 10:00 a.m. ET. ... with Goldman Sachs estimating that 600,000 to 1 million fewer jobs were ...