Where are refineries located?

No. The last refinery was built in 1976 and there are no plans to build any new ones. Existing petroleum refineries are experiencing declining operating revenues and are actually reducing their capacity to around 80%. This is in part due to the economic downturn and in part a result of a continuing downward trend in the refining industry that began in 2005. Imports of refined products are increasing to fill the gap between domestic supply and demand, though even these have declined as overall consumption has dropped from 2005-2008.

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