Refining capacity

U.S. refining capacity increased to more than 18.8 million barrels per day as of January 1, 2019, the highest capacity on record, according to a new report issued by the Energy Information Administration.

Negotiations to modernize the North American Free Trade Agreement (NAFTA) are a chance to boost the competitiveness of U.S. companies in Canada and Mexico and solidify the preeminent role U.S. refiners and petrochemicals producers play in enabling global transportation and manufacturing.