Midwest and Rocky Mountain Transportation Fuels Markets
Midwest and Rocky Mountain Transportation Fuels Markets March 2017 Independent Statistics & Analysis U.S. Department of Energy www.eia.gov Washington, DC 20585 This report was prepared by the U.S. Energy Information Administration (EIA), the statistical and analytical agency within the U.S. Department of Energy. By law, EIA’s data, analyses, and forecasts are independent of approval by any other officer or employee of the United States Government. The views in this report therefore should not be construed as representing those of the U.S. Department of Energy or other federal agencies. U.S. Energy Information Administration | Midwest and Rocky Mountain Transportation Fuels Markets i March 2017 Introduction A new study commissioned by the U.S. Energy Information Administration (EIA), find that changes in North American energy markets over the past decade have strengthened the supply of transportation fuels including motor gasoline, distillates, and jet fuel in the Midwest and Rocky Mountain regions. The development of Canadian oil sands crude and the emergence of light, tight crude oil in the United States have provided refiners in the Midwest and Rocky Mountain regions with access to abundant, cost-advantaged crude supply, providing opportunities to optimize crude slates and expand refinery capacity and utilization. Increased refinery production, combined with moderating demands for transportation fuels, has enabled suppliers in the Midwest and Rocky Mountain regions to reduce their dependence on inbound transportation fuels supply from the Gulf Coast, and has enhanced the redundancy and resiliency of their transportation fuels supply chains. Refinery capacity and production of transportation fuels in the Midwest and Rocky Mountain regions grew significantly between 2005 and 2015, and fuels markets and supply chains in these regions have become increasingly self-sufficient.
[Show full text]