US petroleum products exports set new record in first half of 2023 – IOTW Report

US petroleum products exports set new record in first half of 2023

JTN: U.S. petroleum products exports set a new record in the first half of 2023, according to newly released U.S. Energy Information Administration data.

U.S. exports of petroleum products grew 2% to nearly 6 million barrels per day (b/d) in the first half of 2023 (1H23) compared to the same period in 2022, according to the EIA.

The increase in petroleum products exports in 1H23 was the greatest volume of first-half-of-the-year exports the EIA has ever reported since it began publishing its Petroleum Supply Monthly report in 1981. Exports of propane and other hydrocarbon gas liquids (HGLs) drove the increase, it says. more

13 Comments on US petroleum products exports set new record in first half of 2023

  1. So we pay more for our own natural resources so that we cover the costs of producing what is sold to other countries, like Japan does with their products. 😏 Gee, I wonder which Democrats are profiting from this?

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  2. Well, Europe had to get its LNG from somewher. Especially after *somebody* blew up NordStream. Too bad for them our gas costs an arm and a leg. Welcome to Bidenomics, Europe.

    Although I’m hearing that some Europeans are bypassing their sanctions to get “petroleum products” from Russia via third parties. So much for the unified front.

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  3. Our high prices pays for the transport to give it away to swamp supporters.
    Somebody’s making money or it wouldn’t be happening.
    Anything that is the opposite of “America First”.

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  4. I’m so glad that we are sending our evil fossil fuels to be burned overseas so that in the U.S. we can all breathe the sweet, clean air of blatant climate hypocrisy.

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