The Next Big Catalyst In The U.S. Oil Export Boom
The Louisiana Offshore Oil Port plans to start exporting crude by early next year, in the latest indication there’s an oil export boom in the world’s top oil consumer. According Continue Reading
Why record U.S. oil exports are poised for even more growth
U.S. refineries are producing more fuel than ever as they seek to meet rising demand – from overseas, rather than the drivers on nearby roadways. Last year, the U.S. became Continue Reading
US crude exports are the gift that keeps on giving: Fuel for Thought
Share Favorable price differentials are leading to growing US crude exports from the Gulf Coast, which in turn is helping to fuel an infrastructure buildout that will encourage even more Continue Reading
Oil imports help feed US export powerhouse
The US oil industry is rapidly turning the country into an energy export powerhouse, tipped last week by one prominent consultancy to start shipping more oil overseas than the majority Continue Reading
US crude exports are the gift that keeps on giving: Fuel for Thought
Share Favorable price differentials are leading to growing US crude exports from the Gulf Coast, which in turn is helping to fuel an infrastructure buildout that will encourage even more Continue Reading
US crude exports forecast to exceed most Opec members by 2020
The US will quadruple its crude oil exports to volumes greater than those of most Opec members within three years, an influential consultant has forecast, as Texas producers seek customers Continue Reading
U.S. crude oil exports in May reached 1.02 million bpd: U.S. Census Bureau
U.S. crude oil exports reached 1.02 million barrels per day in May, slightly higher than the 1.00 million bpd in April, foreign trade data from the U.S. Census Bureau showed Continue Reading
Oil Exports, Illegal for Decades, Now Fuel a Texas Port Boom
In a twist that would have been unthinkable only two years ago, the oil tanker that arrives in China today may be carrying crude that left the South Texas port Continue Reading
U.S. exports of crude oil and petroleum products have more than doubled since 2010
U.S. crude oil and petroleum product gross exports have more than doubled over the past six years, increasing from 2.4 million barrels per day (b/d) in 2010 to 5.2 million Continue Reading
Welcome to the Booming Texas Port at Heart of U.S. Oil Sales
Dredging to boost export capacity to 3 million barrels a day New pipelines set to increase supply moving out of South Texas Late last month, an oil tanker that measures Continue Reading