Wednesday, November 30, 2011

US Flips From Voracious Fuel Importer To Fuel Exporter

From The Wall Street Journal, "U.S. Nears Milestone: Net Fuel Exporter" by Liam Pleven and Russell Gold:
U.S. exports of gasoline, diesel and other oil-based fuels are soaring, putting the nation on track to be a net exporter of petroleum products in 2011 for the first time in 62 years.
According to data released by the U.S. Energy Information Administration on Tuesday, the U.S. sent abroad 753.4 million barrels of everything from gasoline to jet fuel in the first nine months of this year, while it imported 689.4 million barrels.

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