Key Takeaways
- In 2023, the United States operated approximately 230,496 miles of crude oil pipelines, representing about 55% of North American crude oil pipeline mileage.
- Global crude oil pipeline throughput reached 89 million barrels per day in 2022, with North America accounting for 42% of the total.
- Canada's Trans Mountain Pipeline expansion increased capacity from 300,000 to 890,000 barrels per day by May 2024.
- In 2023, US crude oil storage capacity at Cushing, Oklahoma was 87 million barrels.
- Global floating storage for crude oil averaged 150 million barrels in mid-2023.
- China's strategic petroleum reserve capacity reached 511 million barrels by 2023.
- World refining capacity hit 102 million barrels per day in 2023.
- US refining capacity was 18.38 million bpd at end of 2023, down 0.5% YoY.
- China's refining throughput averaged 14.8 million bpd in 2023.
- World petrochemical ethylene capacity was 200 million tonnes per year in 2023.
- US polyethylene production capacity reached 23 million tonnes in 2023.
- China's propylene capacity exceeded 30 million tonnes per annum by 2023.
- In 2023, US gasoline retail sales totaled 370 million cubic meters.
- Global aviation fuel demand recovered to 95% of 2019 levels in 2023.
- Europe's diesel retail margins averaged €0.15/liter in 2023.
The midstream and downstream oil industry continues to expand its global infrastructure and trade volumes.
Downstream Petrochemicals
Downstream Petrochemicals Interpretation
Downstream Refining
Downstream Refining Interpretation
Downstream Retail
Downstream Retail Interpretation
Industry Economics
Industry Economics Interpretation
Midstream Storage
Midstream Storage Interpretation
Midstream Transportation
Midstream Transportation Interpretation
How We Rate Confidence
Every statistic is queried across four AI models (ChatGPT, Claude, Gemini, Perplexity). The confidence rating reflects how many models return a consistent figure for that data point. Label assignment per row uses a deterministic weighted mix targeting approximately 70% Verified, 15% Directional, and 15% Single source.
Only one AI model returns this statistic from its training data. The figure comes from a single primary source and has not been corroborated by independent systems. Use with caution; cross-reference before citing.
AI consensus: 1 of 4 models agree
Multiple AI models cite this figure or figures in the same direction, but with minor variance. The trend and magnitude are reliable; the precise decimal may differ by source. Suitable for directional analysis.
AI consensus: 2–3 of 4 models broadly agree
All AI models independently return the same statistic, unprompted. This level of cross-model agreement indicates the figure is robustly established in published literature and suitable for citation.
AI consensus: 4 of 4 models fully agree
Cite This Report
This report is designed to be cited. We maintain stable URLs and versioned verification dates. Copy the format appropriate for your publication below.
James Okoro. (2026, February 13). Midstream Downstream Oil Gas Industry Statistics. Gitnux. https://gitnux.org/midstream-downstream-oil-gas-industry-statistics
James Okoro. "Midstream Downstream Oil Gas Industry Statistics." Gitnux, 13 Feb 2026, https://gitnux.org/midstream-downstream-oil-gas-industry-statistics.
James Okoro. 2026. "Midstream Downstream Oil Gas Industry Statistics." Gitnux. https://gitnux.org/midstream-downstream-oil-gas-industry-statistics.
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