2014 U.S. petroleum refinery update: capacity edges up, ownership shifts

Energy Information Administration ^ | June 30, 2914 | Energy Information Administration

[thackney]

As of January 1, 2014, there were 139 operating refineries and 3 idle refineries with total atmospheric crude oil distillation capacity (ACDU) of 17.9 million barrels per calendar day (bbl/cd), a 101,000-bbl/cd increase in capacity from January 1, 2013. In 2013, four refineries changed ownership, continuing the trend of a handful of sales each year. This information is detailed in EIA's recently released Refinery Capacity Report, which surveys U.S. refinery ownership and capacity annually at the start of each year.

Valero Energy Corporation remains the largest U.S. refiner, with total ACDU capacity of more than 1.9 million bbl/cd. Exxon Mobil Corporation is second at almost 1.9 million bbl/cd. With the purchase of the Texas City refinery from BP, Marathon Petroleum Corporation became the third-largest refiner, with a capacity of 1.7 million bbl/cd. Marathon is calling the refinery Galveston Bay to distinguish it from the much smaller Texas City refinery Marathon had already owned. Phillips 66 fell to fourth-largest and Motiva remained fifth-largest. Combined, these five companies own 45% of total U.S. refining capacity. With its purchase of the Carson refinery, Tesoro became the largest refiner on the West Coast. The concentration of refinery ownership in other regions is mostly unchanged from last year. PBF Energy Corp and Marathon Petroleum still lead the East Coast and Midwest in refining capacity, respectively. Valero has the most capacity in the Gulf Coast region, and Suncor has the most capacity in the Rocky Mountains. In 2013, Nustar Refining sold its San Antonio, Texas, refinery (16,112 bbl/cd) to Calumet Specialty Products Partners. BP sold two refineries in 2013, one in Texas City, Texas (451,000 bbl/cd), to Marathon Petroleum Corporation, and a second in Carson, California (251,000 bbl/cd), to Tesoro Corporation. Tesoro sold its Ewa Beach (Kapolei), Hawaii, refinery (93,500 bbl/cd) to Par Petroleum Corp.

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What is calendar day capacity?

Barrels per calendar day is a measure of the amount of input that a distillation unit can process in a 24-hour period under usual operating conditions. It takes into account both planned and unplanned maintenance.

[thackney]

Refinery Capacity Report
http://www.eia.gov/petroleum/refinerycapacity/

[thackney]

[upchuck]

nobama’s super pissed about this and is plotting with his thugs to bring this to a screeching halt.

[bert]

Thanks for this report

[thackney]

Some perspective over the years:

[bert]

When I read the various reports you give us that details sustained increase in petroleum energy products, I correlate that with the Obama intransigence.

He will not permit the Keystone construction because appeasement of his money men and wacko base because there is not the pressure to add supply as there once might have been.

[thackney]

intransigence

I had to look that one up. I agree with your use of it.

He will not permit the Keystone construction because appeasement of his money men and wacko base because there is not the pressure to add supply as there once might have been.

Sadly I think many Republicans have not truly pushed to resolve this as they use it for fund raising as well. If the fight were ended by building the pipeline, they could not claim to still be fighting for it.