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This Week In Petroleum June 27

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THIS WEEK IN PETROLEUM REPORT RELEASE – June 27, 2012

This Week In Petroleum

U.S. Refinery Capacity: Final Data for 2011 and Developments in 2012

U.S. refining capacity has always fluctuated, expanding or contracting with market conditions, changes in consumption patterns, and changes in product specifications. So has the corporate ownership of U.S. refineries, with some individual plants changing hands multiple times in their history. Last year was no exception: 2011 saw numerous refinery sales and several plant closures. There have already been additional changes this year, as the refining landscape continues to evolve, and further changes may occur before the end of the year.