US domestic refining capacity up 1% - NPRA

19 August 2008 22:07  [Source: ICIS news]

HOUSTON (ICIS news)--The National Petrochemical & Refiners Association (NPRA) said on Tuesday that daily domestic refining capacity increased 0.86%  percent from 2007 to 2008.

At 17.6m bbl/day, domestic refining capacity is up 4.1% over the last five years, and is up 8.2% over the last 9 years, according to the NPRA.

In its annual US Refining and Storage Capacity Report released on Tuesday, the NPRA said that as of 1 January 2008, there were 149 operable refineries in the US with a total crude distillation capacity of 17.6m bbl/day.

“In spite of significantly higher crude prices over the last year and declining margins in the domestic refining community, refiners have continued to increase capacity to help meet consumer demand for a reliable supply of fuels and other petroleum-based products,” said NPRA President Charles T. Drevna.

Data are compiled from information reported by the DOE Energy Information Administration in its 2008 Petroleum Supply Annual.

To comment on issues facing the global chemical industry visit ICIS connect

By: Steven McGinn
+1 713 525 2653

For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.

Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.

Printer Friendly