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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 ]
Download as PDF; Printable version; ... Total Antwerp Refinery ... , Capacity: 10.2 million tons of oil per year. [80]
As a result of these closures total US refinery capacity fell between 1981 and 1995, though the operating capacity stayed fairly constant in that time period at around 15,000,000 barrels per day (2,400,000 m 3 /d). [25] Increases in facility size and improvements in efficiencies have offset much of the lost physical capacity of the industry.
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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Refining margins have scaled back from the peaks hit after Russia's invasion of Ukraine in 2022, amid a rise in global refining capacity that has led to a drop in fuel prices.