Title : Update On California Refiners -- RBN Energy -- September 18, 2017
link : Update On California Refiners -- RBN Energy -- September 18, 2017
Update On California Refiners -- RBN Energy -- September 18, 2017
Active rigs:| $49.52↓ | 9/18/2017 | 09/18/2016 | 09/18/2015 | 09/18/2014 | 09/18/2013 |
|---|---|---|---|---|---|
| Active Rigs | 56 | 32 | 67 | 199 | 180 |
RBN Energy: California refiners struggle in a state that wishes they would go away.
California refineries get most of their crude from three sources: California production, Alaskan North Slope (ANS) production and imports from overseas.
In 2016, 34% of the crude refined in the state came from California (including small volumes from other Lower 48 sources; green layer in Figure below) and 11% from Alaska (yellow layer), while 55% was imported (blue layer), according to the CEC.
Access to U.S. shale supplies has been limited, largely because no pipelines deliver crude to California from outside the state. Some crude is moved in by rail from the Rockies and West Texas (an average of only 3 Mb/d in 2016).
Given declining California and ANS crude production, the volume of imported crude (which was minimal through the mid-1990s) has increased by 13% since 2010 to an average 867 Mb/d in 2016. Most imports are supplied from the Middle East, Ecuador and Colombia.
California Refineries’ Sources of Crude. Source: CEC
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