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The US opens first new refineries since 2008

Another sign of the increasing US oil production: Before the end of this year the first two newly built oil refineries in the United States since 2008 are expected ready to start operating.

The rising US oil production means that the United States will - later in 2014 - be able to open its first two newly built oil refineries since 2008, according to the US Energy Information Administration's (EIA) newsletter.

The EIA also points out that the production in January this year reached 17.9 million barrels of oil per day, 100,000 barrels more than in the same period 2013.

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