• This Week In Petroleum - Refinery Outage Outlook for Spring 2010

    Last month, EIA published its semiannual report on the possible impacts of refinery outages on gasoline and diesel fuel markets for March through June 2010. The report focuses on gasoline because U.S. gasoline consumption typically increases during these months. Historically, large gasoline price increases can occur during the spring and early summer and refinery outages have sometimes played a role in those increases. The same outage during a tight market can have a more significant effect tha...
  • This Week In Petroleum - Recent Changes to U.S. Refinery Capacity

    The previous edition of This Week In Petroleum reported negative earnings for major refiners during the fourth quarter of 2009, reflecting declining petroleum product demand and a weak economy over the past 18 months. One consequence of the sharp decline in oil demand has been the development of significant excess refining capacity and the shutdown or idling of several U.S. refineries. Two East Coast refineries have been closed in recent months; and several smaller plants have been idled, but co...
  • Marathon plans Garyville hydrotreater in May-source

    Marathon Oil Corp is planning to perform scheduled work on a gas oil hydrotreater at its 256,000 barrel-per-day refinery in Garyville, Louisiana in May, a source familiar with refinery operations said Monday.