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No. The last refinery was built in 1976 and there are no plans to build any new ones. Existing petroleum refineries are experiencing declining operating revenues and are actually reducing their capacity to around 80%. This is in part due to the economic downturn and in part a result of a continuing downward trend in the refining industry that began in 2005. Imports of refined products are increasing to fill the gap between domestic supply and demand, though even these have declined as overall consumption has dropped from 2005-2008.
Hope that helps!
Wiki User
∙ 14y ago
Wiki User
∙ 11y agoYes, as of 2012 there is a surplus of refining capacity in the United States. The situation is expected to get worse as mandated increases in the amounts of ethanol displacing gasoline, CAFE fuel vehicle efficiency standards improve, and Americans curb miles driven.
The overcapacity in the US refining sector is keeping the refinery margins low, meaning that the business is not profitable, unlike the large profit margin seen on exploration and production of oil.
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Where are the Valero oil refineries located?
United States, Canada, United Kingdom, and the Caribbean.
What is the plural for refinery?
refineries
Which types of gaskets are used in oil refineries?
It depends on acountry. The most popular gaskets for the refineries are semi metallic gaskets (Spiral Wound Gaskets andKammprofiles).
Does BP have anything to do with Valero?
No - Valero is a group of refineries that process crude to refined products. BP is an oil company that also owns refineries and distributes products.
Are new oil refineries being built?
you can find the answer at mdmgamesuk.blogspot.com
How many refineries are there in Nigeria and where are they located?
Nigeria have 3 refineries and they are located at kaduna,warri and porthacourt
Where petrol refineries located in India?
mathura
How many oil refineries are in Texas?
There are 29 oil refineries that are located in Texas. A few of these oil refineries are San Antonio Refinery, Texas City Refinery, Tyler Refinery and Port Arthur Refinery.
Where are the Valero oil refineries located?
United States, Canada, United Kingdom, and the Caribbean.
What is Oil Refineries's population?
Oil Refineries's population is 1,200.
What is the population of Oil Refineries?
The population of Oil Refineries is 2,009.
When was Oil Refineries created?
Oil Refineries was created in 1954.
How many states have refineries?
why don't we use our own oil or use coal for gas and other things? -The answer to why we don't use coal for gas or other things is all Political Bull really!However the answer to the question about where Refineries are located can be found on wikipedia when you search list of oil refineries. Should give you the info that you are looking for!
How do you write a sentence with the word refineries?
Gasoline is made in oil refineries.
When was Cochin Refineries School created?
Cochin Refineries School was created in 1965.
When was Kochi Refineries created?
Kochi Refineries was created on 1963-04-27.
How many refineries in India and their details?
totally three refineries last one is in Tarapur,Maharastra
