US refinery news

America First Refining has announced the construction of the first new oil refinery built in the US in 50 years, to be located at the Port of Brownsville, Texas.

AFPM President and CEO Chet Thompson sent a letter to EPA Administrator Lee Zeldin to urge EPA to avoid a repeat of 2025’s 11th hour emergency RVP waivers for summer gasoline sold in the Midwest.

US exports of refined petroleum products have increased steadily over 2025, with exports totalling 6.3 million bpd in January 2026, about 10% more than in January 2025 and near record highs, according to data from Vortexa.

The US Energy Information Administration has reported that many US states slightly increased their taxes and fees on gasoline in 2025, with highs recorded in California and lows in Alaska.

EIA forecasts that production of petroleum and other liquids will continue to exceed global demand, which results in Brent crude oil prices falling from an average of US$69/bbl in 2025 to US$58/bbl in 2026 and US$53/bbl in 2027.

The American Petroleum Institute (API) has called for swift congressional action on year-round E15 and refinery certainty.

In the latest Short-Term Energy Outlook (STEO), EIA forecasts that retail US gasoline prices will be lower in the next two years than in 2025, falling 6% in 2026 and then increasing 1% in 2027.

The US Energy Information Administration (EIA) has published the newest short-term energy outlook (STEO), including forecasts for 2027.

Ketjen has announced that it will implement a pricing adjustment for its hydroprocessing catalyst portfolio, effective 15 January 2026.

The US retail price for regular grade gasoline averaged US$3.10/gal. in 2025, US$0.21/gal. less than in 2024, which marked the third consecutive year of declining gasoline prices the EIA has reported.