In the United States, the government owns a limited number of oil refineries, primarily operated by the U.S. Navy and the Department of Defense for military purposes. The most notable facility is the Navajo Refinery in New Mexico, which is operated by the government. Generally, the majority of oil refineries in the U.S. are privately owned and operated by major corporations. The government's focus in this area is largely on ensuring fuel supply for military operations rather than commercial production.
yes
yes it can
tren ouil refineeris
In the US, the oil companies will generally either sell their oil on the open market, to get the best price possible, or will use the oil in their refineries. There are a number of exceptions. They may have a heavy crude, and it is to their advantage to lock in a long term delivery contract to a refinery.
As of October 2023, there are approximately 130 oil refineries operating in the United States that produce gasoline. These refineries vary in size and capacity, collectively processing millions of barrels of crude oil each day to meet domestic fuel demands. The number of refineries can fluctuate due to economic factors, regulatory changes, and shifts in energy policy.
North Dakota Oil goes to refineries on the East Coast, West Coast, and Gulf Coast of the US.
In 1970, there were approximately 250 oil refineries operating in the United States. This number reflected a significant presence of refining capacity to meet the growing demand for petroleum products during that era. However, the number of refineries has since decreased due to industry consolidation and shifts in energy production and consumption.
The map of refineries in the U.S. highlights the locations of oil refineries across the country, primarily concentrated along the Gulf Coast, in California, and the Midwest. These facilities are critical for processing crude oil into gasoline, diesel, and other petroleum products. The Gulf Coast region, particularly Texas and Louisiana, hosts the majority of the nation's refining capacity due to its proximity to offshore oil production and extensive pipeline infrastructure. Additionally, refineries are also found in the Northeast and Pacific Northwest, though in smaller numbers.
The majority owners of oil refineries in the U.S. are typically large integrated oil and gas companies, such as ExxonMobil, Chevron, and Phillips 66. Additionally, independent refiners like Valero Energy and Marathon Petroleum play significant roles in the market. Many of these companies not only operate refineries but also engage in upstream exploration and production, as well as downstream marketing and distribution. Overall, the refining sector is dominated by a mix of major oil corporations and independent firms.
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The government in the US at least does not own the stock market.
There've been no new oil refineries opened in the last 10 Years. As a matter of fact none have been built in over 30 years. The last new refinery opened was in the mid 1970s. However, there're two new refineries in the process of getting approved and built, one in Arizona to come on line this year, and one in S. Dakota where construction will start this year.