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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 ]
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]
The single remaining refinery in Hawaii now also includes refining assets previously owned and operated as "Hawaii Refinery" by Chevron Corporation with up to 54,000 bbl/d (8,600 m 3 /d) in additional capacity. Chevron sold their Hawaii Refinery to newly formed Island Energy Services LLC in 2016, and IES sold the refining assets to Par Hawaii ...
U.S. net crude oil imports are forecast to fall by 20% next year to 1.9 million barrels per day, their lowest since 1971, the Energy Information Administration said on Tuesday, pointing to higher ...
In the United States, refining capacity has fallen by about 1 million barrels per day, or roughly 6%. With global demand for oil and oil products nearly back to pre-pandemic levels, that marginal ...
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 ...
In 1982 (the earliest data provided), the United States operated 301 refineries with a combined capacity of 17.9 million barrels (2,850,000 m 3) of crude oil each calendar day. In 2010, there were 149 operable U.S. refineries with a combined capacity of 17.6 million barrels (2,800,000 m 3) per calendar day. [26]
That compares with the S&P 500 energy sector's 11.70% increase so far this year. "Refining margins were a little softer year-over-year but refiners are still making significant money to the point ...