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Energy Tomorrow Blog

Record Refinery Performance Lends Confidence for Hurricane Season

hurricane preparedness  refinery capacity  consumers  fuel supply 

Dean Foreman

Dean Foreman
Posted August 16, 2018

As we head into what historically is the heart of the annual hurricane season, America’s refiners have never been in a stronger position to deliver the fuels we all need – which is good news for consumers.

According to API’s Monthly Statistical Report (MSR), the refining industry in June eclipsed 18 million barrels per day (b/d) of liquid fuels processed in distillation units and has remained on track for its strongest year on record.

Indeed, the U.S. Energy Information Administration forecasts that refinery runs will average 16.9 million b/d this year and 17 million b/d in 2019 – both of which would be records, surpassing the 2017 annual average of 16.6 million b/d.

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Growing Refining Capacity and Serving Consumers

refineries  refinery capacity  consumers  petroleum products  power-past-impossible 

Mark Green

Mark Green
Posted July 24, 2017

Over the past 40 years, U.S. capacity has increased more than 1,000 percent.  Such a remarkable increase is a tribute to industry’s commitment to supply consumer needs. … Add it all up, and these numbers are very important to American consumers. Refineries not only produce the fuels that keep our vehicles running – transportation fuels account for about 85 percent of products leaving the refinery – they also turn out the petrochemical feedstocks used in countless ways in our modern lives …

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Energy Today, Investing in Tomorrow

job creation  access  refinery capacity  manufacturing  drilling 

Mark Green

Mark Green
Posted December 12, 2013

In the spirit of the holiday season, we take stock of more of the gifts our country’s oil and natural gas bounty is able to present to every American – certainly, gifts that keep on giving!

First, let’s acknowledge that oil and natural gas are the energies of our lives. No hyperbole there. Oil and natural gas are the source of energy-intense fuels for transportation as well as warmth in the winter and cooling in the summer. They’re also the building blocks for a number of products we use every day, making our lives more modern, more comfortable and safer. Every day 143 U.S. refineries convert an average of 15 million barrels of crude oil for these uses and more.      

For 9.8 million Americans, the oil and natural gas industry supports their employment – directly, indirectly in supporting industries and across our economy in jobs that wouldn’t exist without oil and natural gas development. Now, let’s get to those presents.

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