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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. [19] The discount on US crude is partially attributed to the long-standing federal ban on exports of American crude oil.
This is a list of oil refineries.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.
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.
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The Galveston Bay Refinery is an oil refinery located in the Texas City, Texas Industrial Complex on the edge of Galveston Bay.It is the largest oil refinery in North America with a capacity of 631,000 barrels per day [1] and has been owned and operated by Marathon Petroleum Corporation since 2013.
The Magnolia Refinery played a key role during World War II as it stepped up production and shipped oil globally. [7] By 1959, the operations of the Magnolia Oil Company had been merged entirely into SOCONY Mobil. [6] The refinery further in the ensuing decades to becomes Beaumont's largest employer and eventually Mobil's largest refinery by ...
Spain-based Prius Energy S.L. and Malaga Isofoton North America also announced construction plans for their North American manufacturing operations in the state later in the year. [75] [76] In April 2011, Germany-based TecnoSun Solar announced it was locating its North American headquarters in Toledo, in collaboration with the University of ...
Colonial Pipeline Company logo. The Colonial Pipeline is the largest pipeline system for refined oil products in the U.S. [1] The pipeline – consisting of three tubes – is 5,500 miles (8,850 km) long [1] and can carry 3 million barrels of fuel per day between Texas and New York.