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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]
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 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 ...
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.
In 2011, the last full year that crude import data is available, Alaska and Canada provided the majority of crude supply to Washington State refineries, at 58 and 21.5 percent respectively. Russia was third at 8.5 percent with the remaining 12 percent received from a combination of unknown, Middle Eastern, South American and mixed origin ...
The refinery is also integrated with a large ExxonMobil petrochemical facility that is collocated on the same plot. Total ethylene cracking capacity for the site is currently 816,000 tons per year according to the Oil & Gas Journal Survey of Steam Crackers. [17]
The national average at the pump sat at $3.35 per gallon on Monday, up $0.09 from a week ago, but still $0.05 lower from exactly one year ago, according to AAA data. "US refining has been stunted ...