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Valued Social Butterfly
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Re: AMERICA UNLEASHED: US Oil Refineries SMASH OUTPUT RECORDS in July

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   So we can all agree that the PR spin by Hannity is a big nothing burger,  right?  

 

   U.S. atmospheric crude distillation capacity, as explained in the article text

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Treasured Social Butterfly
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Re: AMERICA UNLEASHED: US Oil Refineries SMASH OUTPUT RECORDS in July

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@ManicProgressive wrote:

The US EIA isn't showing much difference from last year. 

 

https://www.eia.gov/todayinenergy/detail.php?id=36633

 

But OK, oil production is high.  Why am I paying $3.23 a gallon?   Shouldn't it be dropping with record supply?

 

 


Refinery costs are entirely unrelated to oil production.  There are other factors involved such as shut-downs, seasonal changeovers in blends, transportation, etc.  We're paying $2.39 a gallon.

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Re: AMERICA UNLEASHED: US Oil Refineries SMASH OUTPUT RECORDS in July

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The US EIA isn't showing much difference from last year. 

 

https://www.eia.gov/todayinenergy/detail.php?id=36633

 

But OK, oil production is high.  Why am I paying $3.23 a gallon?   Shouldn't it be dropping with record supply?

 

 

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Valued Social Butterfly
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Re: AMERICA UNLEASHED: US Oil Refineries SMASH OUTPUT RECORDS in July

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WOW record gasoline production...that resulted in a 17cent per gallon increase over last year? Also we have no idea how many of us will sicken or DIE from the additional pollution the oil companies can now spew into our environment thanks entirely to Donny j's ignorance and incompetence.

 

Let's see how that extra refining effects our price at the pump if/when Iranian oil goes off the market AGAIN. When Iran abandoned its nuclear weapons program and the sanctions on their oil were lifted, the price of oil dropped to $26/bbl. Thanks to Donny's Iran tantrums, it's $65/bbl and expected to hit $75 shortly.

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AMERICA UNLEASHED: US Oil Refineries SMASH OUTPUT RECORDS in July

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The US oil industry continued to roar to life under President Trump and the GOP-controlled Congress in July; smashing records and beating estimates as the nation inches towards becoming the world’s largest producer of the fossil fuel.

 

According to the Daily Caller, the US oil industry produced over 18 million barrels of oil per day in July, beating previous records as the nation’s demand for the natural resource spiked during the busy summer months.

 

“Refineries along the Gulf Coast processed a record-breaking 9.5 million barrels per day during that period, and Midwestern plants processed a near-record amount of crude oil,” writes the DC.

 

“Refiners nearly broke the 18-million-barrel record in August 2017, but Hurricane Harvey forced some facilities to shut down as it hammered the Gulf Coast. Harvey shut-in around 3.2 million barrels a day in refining capacity, causing gas prices to rise,” adds the author.

 

READ MORE:  https://www.hannity.com/media-room/great-again-us-oil-refineries-smash-output-records-in-july/

 

 

 

 

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