Future refinery capacity needs, construction incentives, and processing configurations

Technical Report · Fri Jul 22 04:00:00 EDT 1977

OSTI ID:5362867

Planned additions to the capacity of U.S. oil refineries will exceed the expansion needed by 1985 to meet the goals of the National Energy Plan. However, because of difficulties associated with obtaining permits, not all of these planned additions may be achieved. Noting that the Plan will result in a reduction in demand for residual fuel oil from 3.5 million barrels to 2.0 million barrels per day, the report observes that overall capacity growth requirements will be reduced, and ''the addition of 1 million barrels per day would suffice to meet 1985 demand at reasonable upper limits of refinery utilization.'' Other topics explored include production incentives such as the entitlements program, import fees, crude equalization taxes, investment tax credits, and accelerated depreciation. Projected changes in refinery configuration involving hydrocracking, coking, vacuum distillation, and cat cracking are also discussed.

• Research Organization: Federal Energy Administration, Washington, D.C. (USA)
• OSTI ID: 5362867
• Report Number(s): FEA/G-77/325
• Country of Publication: United States
• Language: English

Related Subjects

02 PETROLEUM
020400* -- Petroleum-- Processing
29 ENERGY PLANNING, POLICY, AND ECONOMY
294002 -- Energy Planning & Policy-- Petroleum
CAPACITY
CATALYTIC CRACKING
CHEMICAL REACTIONS
COKING
CONSTRUCTION
CRACKING
DECOMPOSITION
DISTILLATION
ENERGY DEMAND
ENERGY POLICY
FINANCIAL INCENTIVES
FORECASTING
FUEL OILS
FUELS
GOVERNMENT POLICIES
HYDROCRACKING
MONOPOLIES
NATIONAL ENERGY PLAN
NATIONAL ORGANIZATIONS
OILS
ORGANIC COMPOUNDS
OTHER ORGANIC COMPOUNDS
PETROLEUM PRODUCTS
PETROLEUM REFINERIES
PYROLYSIS
RESIDUAL FUELS
SEPARATION PROCESSES
TRADE
US FEA
US ORGANIZATIONS