US refinery capacity grew by nearly 40,000 bpd to 18.4 million bpd in 2024
HOUSTON, June 20 (Reuters) - U.S. refinery crude oil processing capacity grew by nearly 40,000 barrels per day in 2024 to 18.4 million bpd, the U.S. Energy Information Administration said on Friday.
Motiva Enterprises' MOTIV.UL Port Arthur, Texas, plant became the largest single refinery by capacity at 640,500 bpd, passing Marathon's Galveston Bay Refinery in Texas City, Texas, according to the report. Motiva's increase of 14,500 bpd from a year ago was due to improving operating efficiency.
National capacity may possibly fall by as much as 402,476 bpd by next year's report because of refinery closures: Lyondell Basell Industries LYB.N permanently shuttered its 263,776 bpd Houston refinery in February, while Phillips 66 PSX.N plans to close its 138,700-bpd Los Angeles refinery by the end of this year.
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