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Quote:
Originally Posted by jyl View Post
Looks like US operable refining capacity has risen steadily over the past 2 decades. It dipped a little this summer, perhaps that reflects the Richmond fire?

U. S. Operable Crude Oil Distillation Capacity (Thousand Barrels per Calendar Day)

Utilization rate of that capacity was pretty weak for a few years there, though it has come back up somewhat.
What you are missing is that the new California Cap and Trade system will shutdown the California Refineries.
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Old 11-13-2012, 07:20 AM
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