The closure of several refineries in the United States in recent months sent the total petroleum refining capacity down to its lowest level since May 2016, the U.S. Energy Information Administration (EIA) said on Thursday. As of September 1, 2020, the latest available EIA data, U.S. petroleum refining capacity stood at 18.4 million barrels per calendar day (b/cd). Earlier this year, total U.S. refining capacity had hit a record high of almost 19.0 million b/cd, but the COVID-induced slump in fuel demand forced the closures of several refineries…
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