US exports of petroleum products averaged a record 3.8 million b/d in 2014—an increase of 347,000 b/d from 2013—based on data from the US Energy Information Administration’s Petroleum Supply Monthly . In particular, exports of motor gasoline, propane, and butane increased, offsetting a decrease in exports of distillate , EIA said. EIA noted that the combination of record-high US refinery runs, which averaged 16.1 million b/d in 2014, and increased global product demand allowed US product exports to rise for the 13th consecutive year. Most of these exports were sent to Central and South America, followed by exports to Canada and Mexico. In fact, product exports from the US increased in every region except the Middle East, which declined to 47,000 b/d in 2014 from 55,000 b/d in 2013, EIA said. Exports of motor gasoline (including finished gasoline and blending components) in December 2014 set […]