11152018Thu
Last updateWed, 14 Nov 2018 4pm

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End-User News

U.S. Refiners Boosting Capacity to Accommodate Shale

According to data from the U.S. Energy Information Administration, “the combined capacity of nation's 135 refineries was 18.6 million barrels per day (bpd) at the start of the year, up 16% over the 15.7 million bpd in 1985, when there were 223 refineries,” Reuters  reports.

“This year, high production and ample supplies of shale and heavy Canadian oil have made U.S. refiners very profitable.” 

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