U.S. refineries, with a capacity of 18.4 million barrels per day, play a significant role in international trade—importing ...
production is at a 50-year low. In 2005 the United States produced an average of 5.4 million barrels a day — a little more than half of what it was producing 20 years ago. The top three oil ...
US drivers could see lower gas prices this year and next as oil supply outpaces demand. The US will continue to ramp up ...