As of May 2022, refining capacity stands at 17.9 million barrels per day (bpd). With utilization at near-record highs, the refinery margins are also at a record high. The energy industry is also ...

Changes in automakers' lineups stemming from the uneven transition to electric vehicles will reduce factory utilization over the next decade. Underutilized plants through 2035 have "got me scared to ...