Sunday, August 16, 2026
U.S. crude oil production increases; imports remain strong to support refinery operations -oilandgas360

U.S. crude oil production increases; imports remain strong to support refinery operations

EIA In the Annual Energy Outlook 2020 Reference case, EIA projects that the United States will remain a net exporter of total petroleum liquids; however, the United States will remain a net importer of crude oil through 2050. United States refineries are some of the most complex in the world and can process a wide range of crude oil qualities. Although U.S crude oil