WebApr 28, 2024 · While some refinery closures have been blamed on pandemic market conditions that led to a decrease in demand for fuel, others believe the closures will … WebJun 19, 2024 · written by Dean Smith. With gas prices surging past $5.00 a gallon, many Americans are wondering what is the problem. In a recent interview with Fox Business, American Petroleum Institute President Mike Sommers stated that 11 US gas refineries closed over the past two years. Those that remain are running at 94% capacity.
Why US gas prices are at a record and why they’ll stay high for ... - CNN
WebFeb 15, 2024 · Texas Oil Refineries Shut as Winter Storm Hits Energy Sector. Freezing temperatures across Texas during the extended holiday weekend forced energy companies to shut oil refineries in the largest U.S. crude-producing state and restricted natural gas pipeline operations. The rare deep freeze prompted the state's electric grid operator to … WebOct 19, 2024 · [ [text]] Global refinery expansion is coming just as product demand struggles, Bank of America Securities (BofA) analysts have warned. Oil demand this year is likely to fall by around 10 million... bulletproof auto spa
Premature Closure Of Houston Refinery Could Worsen …
WebApr 29, 2024 · HOUSTON, April 21 (Reuters) - Chemical maker Lyondell Basell Industries will permanently close its Houston crude oil refinery by the end of 2024, the company … WebDec 8, 2024 · In Australia, the collapse of the oil refining industry has resulted in their now being just two refineries in the country, after Exxon Mobil closed the 86,000 bpd Altona … WebJun 7, 2024 · The refinery processes 268,000 barrels per day (bpd) of oil and produces 92,600 bpd of diesel fuel, 89,000 bpd of gasoline and 44,500 bpd of jet fuel. “The … hair stock photos