US Refiners Push Capacity to Max, Cutting Maintenance to 470,000 Barrels a Day
Updated
Updated · Bloomberg · Jun 1
US Refiners Push Capacity to Max, Cutting Maintenance to 470,000 Barrels a Day
1 articles · Updated · Bloomberg · Jun 1
470,000 barrels a day of U.S. refining capacity was shut from January through May, marking one of the lightest maintenance seasons in years as plants ran unusually hard.
Strong refining profits and steady fuel demand are keeping processors near maximum run rates, with some operators even delaying planned maintenance.
Energy Aspects said the outage average compares with 700,000 barrels a day in the same period last year and 900,000 barrels a day in 2024.
The reduced downtime shows refiners prioritizing near-term output over routine turnarounds while margins remain attractive.
Refiners are skipping maintenance for profit. What is the breaking point for America's fragile fuel supply before a major shutdown occurs?
Why is the US building its first new refinery in 50 years when global oil demand is projected to flatten by 2050?
As California gives oil companies incentives to operate, are consumers being set up for an even bigger price shock in the near future?