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U.S. Refining to See $4.5 Billion in First-Quarter 2019 Kickoffs as Gasoline Demand Evens Out
Industry Segment: Petroleum Refining | Word Count: 699 Words
Attachment: US Gasoline Margins--EIA 1118
SUGAR LAND--November 29, 2018--Researched by Industrial Info Resources (Sugar Land, Texas)--U.S. gasoline-refining margins have been on a downward trend since August, according to the U.S. Energy Information Administration (EIA), as refinery outputs have risen and domestic gasoline demand has flattened. But distillate demand has grown rapidly over the same period, indicating refiners might choose to maximize diesel fuel production over gasoline. Industrial Info is tracking more than $4.5 billion in active refining-related projects that are set to begin construction in the first quarter of 2019.
Within this article: Details on some of the highest-valued projects in the U.S. Petroleum Refining Industry that are set to begin construction next quarter, including capacity expansions for both gasoline and distillates from companies such as Marathon Petroleum Corporation (NYSE:MPC), Royal Dutch Shell (NYSE:RDS.A) and Valero Energy Corporation (NYSE:VLO).
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