EIA: Weekly capacity of U.S. refineries hits record level

07/24/2014 | USA Today

Daily processing capacity of U.S. refineries for the weeks ending July 11 and July 18 reached 16.8 million barrels of crude oil, the highest weekly capacity on record since 1990, driven by increased inputs in the Midwest and Gulf Coast, according to the Energy Information Administration. "There's more capacity and higher utilization rates. They are among the reasons we're seeing record processing of crude oil," said Jonathan Cogan, spokesman for the agency.

View Full Article in:

USA Today

Published in Briefs: