Refinery closures decreased U.S. refinery capacity during 2020
As a result of several U.S. refinery closures in 2020, U.S. operable atmospheric crude oil distillation capacity, the primary measure of refinery capacity in the United States, dropped 4.5% to a total of 18.1 million barrels per calendar day (b/cd) at the start of 2021. The end-of-year 2020 total is 0.8 million b/cd less than the 19.0 million b/cd of refining capacity at the start of 2020. According to the data in our annual Refinery Capacity Report, the beginning of 2021 marks the lowest annual capacity figure to start the year since 2015. Based on information reported to us in our recent update, U.S. refining capacity will not expand significantly during 2021.
Refinery closures decreased U S refinery capacity during 2020
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U S petroleum refining capacity falls to its lowest level since May 2016 - Today in Energy - U S Energy Information Administration (EIA)
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U.S. refining capacity falls to its lowest level since May 2016
12/10/2020
As of September 1 (the latest data available), the United States had 18.4 MMbpd of petroleum refining capacity, also known as operable atmospheric crude oil distillation capacity. U.S. refining capacity had reached a record high of nearly 19 MMbpd earlier this year, but several refineries have closed since then, and capacity fell to the lowest level since May 2016.
Operable refinery capacity is the amount of capacity that is in operation or could be brought into production within 90 days. Earlier this year, operable refinery capacity declined by 335,000 bpd from April to May after the Philadelphia Energy Solutions refinery in Pennsylvania closed. Operable capacity fell another 19,000 bpd in June when Marathon’s refinery in Dickinson, North Dakota, closed to be converted to a renewable diesel plant.
U S petroleum refining capacity falls to its lowest level since May 2016
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