Let's see what can be calculated from these facts, Jacks. Here is the
text from the link Joshua sent. My comments are marked by << >>
Refining/Downstream
The United States experienced a steep decline in refining capacity
between 1981 and the mid-1990s. Between 1981 and 1989, the number of
U.S. refineries fell from 324 to 204, representing a loss of 3 million
bbl/d in operable capacity (from 18.6 million bbl/d to 15.7 million
bbl/d), while refining capacity utilization increased from 69% to 87%.
<<
1981 18.6 million bbl/d at 69% = 12.83 million bbl/d
1989 15.7 million bbl/d at 87% = 13.66 million bbl/d
So, actual refining increased. .83/12.83 = 6.5%
>>
While some refineries have closed, and no new refineries have been built
in nearly 30 years, many existing refineries have expanded their
capacities. As a result of capacity creep," whereby existing refineries
create additional refining capacity from the same physical structure,
capacity per operating refinery increased by 28% over the 1990 to 1998
period, for example. Overall, since the mid-1990s, U.S. refinery
capacity has increased from 15.0 million bbl/d in 1994 to 16.9 million
bbl/d in September 2004. Also in September 2004, utilization of
operating capacity at U.S. refineries was averaging around 90%, down
from 97% in July and August.
<<
1994 15.0 million bbl/d at 97% = 14.55
2004 16.9 million bbl/d at 90% = 15.21
So, actual refining has increased to 15.21 million bbl/d.
2.38/12.83 = 18.5% increase over 1981
0.66/14.55 = 4.2% increase over 1994
>>
So, we have no new refineries, but have increase actual refining by
nearly 20%
Bruce.
------------------------------------------------------------------------
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Bruce J. Senn Phone: (518) 388-6664
Senior System Manager FAX: (518) 388-6458
Union College E-mail: [log in to unmask]
Schenectady, NY 12308 WWW: http://www1.union.edu/~sennb
------------------------------------------------------------------------
----
-----Original Message-----
From: HP-3000 Systems Discussion [mailto:[log in to unmask]] On
Behalf Of Joshua Scott
Sent: Thursday, September 01, 2005 5:33 PM
To: [log in to unmask]
Subject: Re: OT: The big oil companies - shame on you!
It says here that it's been 30 years:
http://www.eia.doe.gov/emeu/cabs/usa.html
Best Regards,
Joshua Scott
HP Systems Support Manager
SourceDirect.com
(972) 331-9920
fax: (972) 239-4678
[log in to unmask]
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