US refinery news
PBF Energy provides update on Martinez refinery operations
PBF Energy Inc. has announced that that rebuild activities at its Martinez, California, US, refinery, following the 1 February 2025 fire, are now expected to progress into February 2026.
Crude oil prices fell in 2025 amid oversupply
The US EIA has reported that crude oil prices generally declined in 2025 with supplies in the global crude oil market exceeding demand.
EIA: December STEO
The US Energy Information Administration has released the December Short-Term Energy Outlook.
API urges US policymakers to advance legislation for stable, efficient fuels marketplace
The API has joined organisations representing ethanol producers, oil refiners, fuel marketers, travel plazas, truck stops, and convenience store retailers to express the need for long-term policy certainty across the fuel sector.
US retail gasoline prices fall below US$3/gal.
US retail prices have fallen below US$3/gal., the lowest price since 2021, the US Energy Information Administration has reported.
AFPM: revised fuel economy standards would put CAFE back on solid legal footing
AFPM President and CEO Chet Thompson has issued a statement on the Trump administration’s proposed revised 2027 - 2031 Corporate Average Fuel Economy (CAFE) Standards.
Geopolitical developments contribute to elevated diesel prices
The US Energy Information Administration (EIA) considers key geopolitical developments that have contributed to rising diesel prices in the final months of 2025.
JCEDF hosts groundbreaking ceremony for BWC Terminals’ new facility
Jackson County Economic Development Foundation (JCEDF) has hosted a groundbreaking ceremony for BWC Terminals’ new facility in Pascagoula, Mississippi, US, which will receive, store, and deliver petroleum products.
US average gasoline prices this Thanksgiving similar to last
On the Monday before Thanksgiving, the US retail price for regular-grade gasoline averaged US$3.06/gal., just ¢2/gal. higher than the same time in 2024, the EIA has reported.
AFPM: REFINER Act spotlights liquid fuels, downstream energy manufacturing as a national security asset
AFPM President and CEO Chet Thompson has issued a statement on the Researching Efficient Federal Improvements for Necessary Energy Refining (REFINER) Act (H.R. 3109).