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Thursday, October 22, 2026Updated 15:38 UTC

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U.S. refineries have been running at very high rates in 2026

Source: EIA Today in Energy · Oct 22, 2026 14:00 UTC

Oil refinery towers and pipes with a city skyline in the distance — File photo Carol M. Highsmith / Library of Congress · Public domain · Source

The Quick Take

The U.S. refinery fleet has run at higher-than-normal rates this year, with refinery utilization averaging more than 95% of capacity between May and September, the highest for those months since 1998. Tight global product supplies this year have boosted margins for petroleum products, particularly for diesel, incentivizing the increased run rates.

Read the full story at EIA Today in Energy

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