Change In Demand For Motor Fuels: U.S. Energy Information Report

Mitchell, Williams, Selig, Gates & Woodyard, P.L.L.C.

The United States Energy Information Administration (“EIA”) published an August 28th report titled:

Changing Demand for Petroleum Products Has Led to Operational Changes at U.S. Refineries (“Report”)

Utilizing information from EIA’s Petroleum Supply Monthly publication, the Report noted that:

. . . demand for motor gasoline and jet fuel in particular has fallen to its lowest level in years.

Travel restrictions and other impacts of COVID-19 are cited as the principal cause.

The decrease in consumption of these petroleum products is stated to have resulted in United States refineries revising their operations which has resulted in:

. . . proportionately less production of motor gasoline and jet fuel and more production of distillate fuel oil.

The Report notes that three products have the highest yield percentage from refineries. In 2019 refinery average yields included:

  • Motor gasoline 46%
  • Distillate fuel oil 30%
  • Jet fuel 10%

Refineries are noted to be able to change their petroleum product output by:

  • Running downstream units
  • Running units that process the output from distillation units in a different manner

A copy of the Report can be downloaded here.

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Mitchell, Williams, Selig, Gates & Woodyard, P.L.L.C. | Attorney Advertising

Written by:

Mitchell, Williams, Selig, Gates & Woodyard, P.L.L.C.
Contact
more
less

Mitchell, Williams, Selig, Gates & Woodyard, P.L.L.C. on:

Reporters on Deadline

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:
*By using the service, you signify your acceptance of JD Supra's Privacy Policy.
Custom Email Digest
- hide
- hide

This website uses cookies to improve user experience, track anonymous site usage, store authorization tokens and permit sharing on social media networks. By continuing to browse this website you accept the use of cookies. Click here to read more about how we use cookies.