Share “Energy independence: Transportation fuels...”

Energy independence: Transportation fuels targeted as way to reduce imported oil

Many options are available for how the country can move toward reducing its reliance on foreign oil.

BY ADAM WILMOTH Published: October 7, 2012
Advertisement
While natural gas...
Read the rest of the story on Oklahoman.com
NewsOK.com has disabled the comments for this article.

U.S. has no refinery shortage

While the country is importing oil, it is not experiencing a shortage of refined products.

In 2011, about 29 percent of the country’s total energy usage came from oil imported from outside North America. That amounts to about 5.4 million barrels of oil per day.

Over the past 15 years, the country’s refinery capacity has gradually increased to 17.2 million barrels per day as refineries have expanded. The country’s refinery utilization rates are cyclical, peaking in the summer and falling through the winter. Over the past year, utilization topped out at nearly 93 percent in July, up from 86 percent in February.

SOURCE: U.S. Energy Information Administration

AROUND THE WEB

  1. 1
    Vinita police chief: Extreme sunburn case still under investigation, drawing international media...
  2. 2
    Hundreds pack memorial service for man killed at north Tulsa park
  3. 3
    There’s a New Restaurant That Specializes in Potato-Chip Sandwiches
  4. 4
    The most popular liquor in every state
  5. 5
    The FBI has subpoenaed lewd text messages between Subway's Jared Fogle and a former Subway...
+ show more

FEATURED JOBS



× Trending news Article