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Pictures of You - Regional Balances Tell the Tale of the U.S. Crude Oil Market

Read more blogs from this series

  1. Bring The (Crude) - What's Behind PADD 1's Reliance on Imported Crude Oil and Refined Products?
  2. Heart of the Country - How Would Midwest Refiners Deal With a 10% Tariff on Canadian Crude?
  3. Pride and Joy - PADD 3 Maintains Dominant Position on Shale Production, Extensive Refining Capacity
  4. Pastures of Plenty - PADD 4 Pipeline Connections, Higher Output Help it Balance Crude Market
  5. I Left My (Crude) In San Francisco - What is Driving PADD 5's Increased Reliance on Imported Crude?
  6. Pictures of You - Regional Balances Tell the Tale of the U.S. Crude Oil Market

Over the past 15 years, the U.S.’s crude oil supply/demand balance has been transformed by the Shale Revolution. Increasing production unlocked through horizontal drilling and hydraulic fracturing have pushed up the nation’s overall supply without an equal change in refining capacity, resulting in significant changes in regional balances. In today’s RBN blog, we discuss what PADD-by-PADD crude oil supply/demand balances can tell us and preview our latest Drill Down Report. 

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