U.S. Refining Turnaround Spend Slightly Higher This Year, an Industrial Info News Alert

SUGAR LAND, Texas, June 21, 2017 /PRNewswire/ -- Researched by Industrial Info Resources (Sugar Land, Texas)--According to the U.S. Energy Information Administration, U.S. refineries have been processing an average of more than 17 million barrels per day (BBL/d) of crude oil recently, setting a record high of 17.7 million barrels for the week ending May 26. The refinery runs have pushed up the levels of U.S. gasoline in storage, which is partially responsible for the recent downturn in crude prices. Are these run rates affecting refining spending activity? Industrial Info is tracking $5.45 billion in refining projects that are planned to kick off in the U.S. in 2017.

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Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, five offices in North America and 10 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle™, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. To contact an office in your area, visit the www.industrialinfo.com "Contact Us" page.

Brian Ford

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SOURCE Industrial Info Resources, Inc.