U.S. Refining Capacity Falls 1.43% in 2025 as Major Houston Site Is Converted
The U.S. Energy Information Administration reports a 263,000 barrels-per-day reduction in U.S. refining capacity in 2025, a 1.43% decline. The drop stems primarily from the conversion of a Houston refinery into a petrochemical plant and the closure of a Los Angeles-area refinery. Marathon Petroleum retains the top national refining position, while …