U.S. petroleum refiners have trimmed crude processing rates in response to a rise in fuel inventories and a decline in refining margins since the start of 2Q 2024. Refiners’ gross inputs of crude and unfinished […]
After an optimistic start to the summer that sent jet fuel demand soaring, analysts now caution that global jet fuel demand is set for a slowdown in tandem with consumer spending, with the potential to […]
Daily Standup Top Stories Biomass power station produced four times emissions of UK coal plant, says report August 9, 2024 Mariel Alumit The Drax power station was responsible for four times more carbon emissions than the UK’s last […]
The only way for ‘net zero’ politicians like Kamala Harris to eliminate gasoline is to make it unaffordable or illegal. Any politician who supports the “net zero” agenda is working to make gasoline prices much […]
Daily Standup Top Stories In 2024, Biden Admin Churned Out $1.2 Trillion In New Regulations August 7, 2024 Mariel Alumit Biden’s administration has added over a trillion dollars in compliance costs for new regulations in 2024 […]
In the first five months of 2024, U.S. imports of renewable diesel averaged 30,000 barrels per day (b/d), approaching the monthly record set in May 2023. Most of the imports (94%) were destined for the U.S. West Coast, […]
Just as Chevron Oil company announced that it is moving its headquarters to Houston Texas from San Ramon California, California Energy Commission regulators announced proposed government controls of the petroleum industry, ostensibly in order to combat future […]
Crude oil imports from Canada have become increasingly important to U.S. oil refineries, now making up most U.S. imports. U.S. oil refining capacity stood at 18.4 million barrels per day (b/d) as of January 1, 2024. In […]
The EPA issued an emergency waiver of fuel rules in four Midwest states to address shortages tied to a power outage at an Exxon Mobil Corp. refinery in Joliet, Illinois. The order waives Reid vapor pressure and […]
U.S. refining capacity increased this year for the second time since the COVID-19 pandemic, according to our annual Refinery Capacity Report. U.S. operable atmospheric crude oil distillation capacity, the primary measure of refinery capacity, totaled 18.4 […]
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