Table 4. Fast-Growing Independents' Refining Capacity and Acquisitions, 1990 and October 1998

(Thousand Barrels Per Day)

Company 1990 Crude Oil
Distillation
Capacity
Capacity Additions October 1998 Crude Oil
Distillation
Capacity
Acquisition of
U.S. Majors'
Refineries
Acquisition of
Other
Refineries
Refinery
Expansion
Tosco 131.9 699.3 0 50.3 881.5
PDV America 435.0 181.7 0 43.0 659.7
Koch Industries 325.0 104.0 0 85.0 514.0
Clark Refining 121.6 346.5 0 41.4 509.5
Valero Energy 25.0 152.0 279.6 4.9 461.5
Ultramar Diamond Shamrock 227.0 0 147.0 64.0 438.0
Tesoro Petroleum 72.0 108.2 95.0 -1.5 273.7
   Total 1,337.5 1,591.7 521.6 287.1 3,737.9
Sources:
Energy Information Administration, Petroleum Supply Annual 1990, Volume 1, DOE/EIA-0340(90)/1 (Washington, DC, May 1991), Table 39; Energy Information Administration, Petroleum Supply Annual 1996, Volume 1, DOE/EIA-0340(96)/1 (Washington,DC, June 1997), Table 40 (pdf format); Energy Information Administration, Petroleum Supply Annual 1997, Volume 1, DOE/EIA-0340(97)/1 (Washington, DC, June 1998), Table 37 (pdf format) and Table 38 (pdf format); and various news sources.

Last Updated on 4/16/2001
Financial Analysis Team, Office of Energy Markets and End Use, Energy Information Administration
Email: neal.davis@eia.doe.gov