America’s Crude Oil Imports by Top States There are more US crude oil import states or districts than export states, by a margin 28 to 21. The three leading import states (Illinois, Texas and California) spent almost three-fifths (59.4%) of crude oil bought by all American petroleum-impo...
Allowing crude oil exports from the US would increase domestic oil production, reducing gasoline prices and supporting nearly 1 million new jobs, according to a new IHS study, U.S. Crude Oil Export Decision: Assessing the Impact of the Export Ban and Free Trade on the U.S. Economy...This...
“I think we’re slightly more bullish on the total export number,” said Adam Arthur, Energy Transfer executive vice president of crude oil, compared to the Kpler and Platts projections for 2022. “These incremental barrels are going to have to find a home.” That is why Energy Transfer i...
“I think we’re slightly more bullish on the total export number,” said Adam Arthur, Energy Transfer executive vice president of crude oil, compared to the Kpler and Platts projections for 2022. “These incremental barrels are going to have to find a home.” That is why Energy Transfer i...
The US Commerce Department has given the go-ahead to several companies to export crude oil, a big policy change essentially ending a ban in place for the last four decades. At question is whether the end of the ban will mean higher prices at the pump.
LARRY KUDLOW: JOE BIDEN THREATENING OIL COMPANIES REDEFINES HYPOCRISY "With Asian refiners set to ramp up refinery runs, with China's sizeable product export quota, and withOPEC's core producers dialing backon output, demand for U.S. crude is strong," he said.The Organization of Petroleum Ex...
America’s 5 leading export products by value in 2024 were crude oil, refined petroleum oils, petroleum gases, cars and blood fractions including antisera. In aggregate, those major exported goods accounted for one fifth (20%) of overall exports sold by the United States. That relatively low ...
Boehner backs push to export US crude oilBy MATTHEW DALY
Europe imports 3.5 million barrels of oil a day from Russia, or about 75 percent of the nation's exports. "I was in favor of opening the export spigot before this," Haass said. U.S. oil production stands at about 8 million barrels a day, up about 1 million barrels a year ago. ...
The expansion and development of export capacity on the US Gulf coast, especially the planned completion next year of infrastructure linked to the Magellan East Houston terminal where WTI Houston is priced, will accelerate these flows. “The US Gulf coast is now ...