Oil Refinery Input At Record High Levels

[rdean]

Oil Refinery Input At Record High Levels

U.S. refineries are processing crude oil at their highest rate in at least 25 years, according to new federal data.

The Energy Information Administration reported on Friday that gross inputs to refineries eclipsed 17 million barrels per day in each of the last four weeks, which amounted to a rolling four-week average that's the largest since EIA began tracking weekly data in 1990.

Net exports from U.S. refineries are up by 19 percent over that span.

EIA projections expect refinery runs to slow down in fourth quarter and in early 2016 — as the nation's driving season ends — before increasing to new record highs next summer.

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Without the Keystone, we will go into recession. Or not.

 

[JakeStarkey]

Excellent news.

 

[Moonglow]

Gas dropped .20 cents a gallon yesterday..making it $2.26 a gallon

 

[JakeStarkey]

Dropped to under $44 a gallon on the WTI board.

Gas is down to 2.14 in the Texas Hill Country.

 

[Mr. H.]

Oil Refinery Input At Record High Levels

U.S. refineries are processing crude oil at their highest rate in at least 25 years, according to new federal data.

The Energy Information Administration reported on Friday that gross inputs to refineries eclipsed 17 million barrels per day in each of the last four weeks, which amounted to a rolling four-week average that's the largest since EIA began tracking weekly data in 1990.

Net exports from U.S. refineries are up by 19 percent over that span.

EIA projections expect refinery runs to slow down in fourth quarter and in early 2016 — as the nation's driving season ends — before increasing to new record highs next summer.

--------------------------

Without the Keystone, we will go into recession. Or not.

Without KXL, we will purchase more crude from OPEC countries.

There was no reason not to build the goddamn thing.

And there is no reason to keep in place the 40 year old ban on U.S. crude exports.

 

[rdean]

Oil Refinery Input At Record High Levels

U.S. refineries are processing crude oil at their highest rate in at least 25 years, according to new federal data.

The Energy Information Administration reported on Friday that gross inputs to refineries eclipsed 17 million barrels per day in each of the last four weeks, which amounted to a rolling four-week average that's the largest since EIA began tracking weekly data in 1990.

Net exports from U.S. refineries are up by 19 percent over that span.

EIA projections expect refinery runs to slow down in fourth quarter and in early 2016 — as the nation's driving season ends — before increasing to new record highs next summer.

--------------------------

Without the Keystone, we will go into recession. Or not.

Without KXL, we will purchase more crude from OPEC countries.

There was no reason not to build the goddamn thing.

And there is no reason to keep in place the 40 year old ban on U.S. crude exports.

Considering that the US is the number one energy producer, I suspect you are working from old data.

 

[rdean]

Oil Refinery Input At Record High Levels

U.S. refineries are processing crude oil at their highest rate in at least 25 years, according to new federal data.

The Energy Information Administration reported on Friday that gross inputs to refineries eclipsed 17 million barrels per day in each of the last four weeks, which amounted to a rolling four-week average that's the largest since EIA began tracking weekly data in 1990.

Net exports from U.S. refineries are up by 19 percent over that span.

EIA projections expect refinery runs to slow down in fourth quarter and in early 2016 — as the nation's driving season ends — before increasing to new record highs next summer.

--------------------------

Without the Keystone, we will go into recession. Or not.

Without KXL, we will purchase more crude from OPEC countries.

There was no reason not to build the goddamn thing.

And there is no reason to keep in place the 40 year old ban on U.S. crude exports.

Even more weird. We shouldn't ban exports but we import from the Middle East? Don't you see the disconnect?

 

[JakeStarkey]

"Without KXL, we will purchase more crude from OPEC countries.

There was no reason not to build the goddamn thing.

And there is no reason to keep in place the 40 year old ban on U.S. crude exports."

Yes, there is, and keep on the export ban, and all of this has been explained to you before.

You have been in the business forty years, and you are merely arguing so you can make more money.

 

[JakeStarkey]

Oil Refinery Input At Record High Levels

U.S. refineries are processing crude oil at their highest rate in at least 25 years, according to new federal data.

The Energy Information Administration reported on Friday that gross inputs to refineries eclipsed 17 million barrels per day in each of the last four weeks, which amounted to a rolling four-week average that's the largest since EIA began tracking weekly data in 1990.

Net exports from U.S. refineries are up by 19 percent over that span.

EIA projections expect refinery runs to slow down in fourth quarter and in early 2016 — as the nation's driving season ends — before increasing to new record highs next summer.

--------------------------

Without the Keystone, we will go into recession. Or not.

Without KXL, we will purchase more crude from OPEC countries.

There was no reason not to build the goddamn thing.

And there is no reason to keep in place the 40 year old ban on U.S. crude exports.

Even more weird. We shouldn't ban exports but we import from the Middle East? Don't you see the disconnect?

The ban interferes with him making money. He doesn't care about US energy independence.

 

[gipper]

Let's see now...we have a POTUS who has stated and acted against fossil fuels, yet some commend him as if he had something to do with lower gas prices. He does not want cheap gas, he wants expensive gas.

 

[JakeStarkey]

Thank him for his ineffectiveness then.

 

[gipper]

Thank him for his ineffectiveness then.

You may think a POTUS should have unlimited power...well, as long as he/she is a D. I don't...whether D or R.

 

[JakeStarkey]

Thank him for his ineffectiveness then.

You may think a POTUS should have unlimited power...well, as long as he/she is a D. I don't...whether D or R.

Those are your silly words and belief, not mine.

 

[Mr. H.]

Oil Refinery Input At Record High Levels

U.S. refineries are processing crude oil at their highest rate in at least 25 years, according to new federal data.

The Energy Information Administration reported on Friday that gross inputs to refineries eclipsed 17 million barrels per day in each of the last four weeks, which amounted to a rolling four-week average that's the largest since EIA began tracking weekly data in 1990.

Net exports from U.S. refineries are up by 19 percent over that span.

EIA projections expect refinery runs to slow down in fourth quarter and in early 2016 — as the nation's driving season ends — before increasing to new record highs next summer.

--------------------------

Without the Keystone, we will go into recession. Or not.

Without KXL, we will purchase more crude from OPEC countries.

There was no reason not to build the goddamn thing.

And there is no reason to keep in place the 40 year old ban on U.S. crude exports.

Even more weird. We shouldn't ban exports but we import from the Middle East? Don't you see the disconnect?

The ban interferes with him making money. He doesn't care about US energy independence.

If anything, lifting the ban would likely reduce my revenues for the downward pressure U.S. crude could put on world (and U.S.) prices.

There are markets for U.S. crude around the world. Exporting would spur drilling which would spur hiring.

Don't assume something you know nothing about.

 

[JakeStarkey]

Know as much or more, apparently, than a guy with 39 years in the business. Supposedly.

 

[GHook93]

Oil Refinery Input At Record High Levels

U.S. refineries are processing crude oil at their highest rate in at least 25 years, according to new federal data.

The Energy Information Administration reported on Friday that gross inputs to refineries eclipsed 17 million barrels per day in each of the last four weeks, which amounted to a rolling four-week average that's the largest since EIA began tracking weekly data in 1990.

Net exports from U.S. refineries are up by 19 percent over that span.

EIA projections expect refinery runs to slow down in fourth quarter and in early 2016 — as the nation's driving season ends — before increasing to new record highs next summer.

--------------------------

Without the Keystone, we will go into recession. Or not.

You almost made a good point and then you went into a weak red herring. No one says Keystone would prevent a recession. Rather it just makes sense to get all the cheap oil we can get no? I personally prefer to import oil from stable and friendly Canada the from OPEC.


Sent from my iPhone using Tapatalk

 

[JakeStarkey]

ghook does not know we are not going to use the oil from the pipeline. It is going overseas. He operateds from 'feelings'.

 

[ThoughtCrimes]

Oil Refinery Input At Record High Levels

U.S. refineries are processing crude oil at their highest rate in at least 25 years, according to new federal data.

The Energy Information Administration reported on Friday that gross inputs to refineries eclipsed 17 million barrels per day in each of the last four weeks, which amounted to a rolling four-week average that's the largest since EIA began tracking weekly data in 1990.

Net exports from U.S. refineries are up by 19 percent over that span.

EIA projections expect refinery runs to slow down in fourth quarter and in early 2016 — as the nation's driving season ends — before increasing to new record highs next summer.

--------------------------

Without the Keystone, we will go into recession. Or not.

Without KXL, we will purchase more crude from OPEC countries.

There was no reason not to build the goddamn thing.

And there is no reason to keep in place the 40 year old ban on U.S. crude exports.

N. Dakota is providing a glut of crude, and there is no need for the KXL pipeline. Let the Canucks build their 36" XL pipeline over the Northern Rockies to the Pacific. The KXL is for export oil anyway, or haven't you bothered to look at the plans for the terminus in Port Arthur? Much of the US import oil from Canada is being delivered through the existing 30" Keystone pipeline.

It just amazes me how bloody ignorant the proponents of the XL pipeline project truly are, and the cure for ignorance is knowledge!

 

[JakeStarkey]

Yup, and Mr. H has been in the business 39 years. Sure.

 

[CrusaderFrank]

A market Obammy tried his best to destroy