September 6, 2011, 12pm PDT
It may not be apparent to American motorists, but the U.S. oil refinery industry is ailing. Reduced VMT, mandated ethanol use, and escalating vehicle fuel efficiency standards caused a decrease of gasoline consumed. Diesel may revive the industry.
December 28, 2009, 1pm PST
Americans are driving less. Moreover, alternative fuels, be they electricity or biofuels, will become more common while efficiency of conventional vehicles increases. This article looks at the effect of the VMT reduction, et.al. on oil refineries.