The United States produced 5.5 million barrels of base oil in August, according to the latest data from the federal Energy Information Agency, 19% better than the same month of 2020 but less than levels preceding the COVID-19 crisis.
August output was dinged by Hurricane Ida, which disrupted operations in the heart of the U.S. oil industry a few days before the end of the month. Impacts on production of paraffinic base oils outweighed a bumper month for naphthenic varieties.
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The 5.5 million barrels of base oils that refiners produced in August was down slightly from 5.6 million barrels in July of this year. Not surprisingly it was significantly better than the corresponding month of 2020, when the industry was just beginning to recover from the impacts of the pandemic.