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Less petroleum and other liquids consumed in the U.S. is coming from refineries

The U.S. Energy Information Administration’s (EIA) latest Short-Term Energy Outlook (STEO) forecasts that in 2021, U.S. consumption (as measured by product supplied) of total petroleum and other liquid fuels will average 20.71 million barrels per day (b/d), surpassing the 2007 pre-recession level. However, since the 2007—09 recession, the fastest-growing components …read more

Source:: TODAY IN ENERGY