Commodities

Nearly 2.5 Million Barrels a Day of US Refining Capacity to Shut for Fall Maintenance

  • Nearly 2.5 million barrels a day of capacity seen offline
  • Early 2024 may see the heaviest maintenance season ever

The Marathon El Paso Refinery in El Paso, Texas.

Photographer: Brandon Bell/Getty Images
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The fall refinery maintenance season in the US is shaping up to be the heaviest since before the Covid-19 pandemic forced plants to slash rates and delay all but emergency work.

Nearly 2.5 million barrels a day of refining capacity will go offline for maintenance from September through December, according to data from Energy Aspects LTD. Bloomberg TerminalThat’s 11% higher than the same period last year.