U.S. oil exports are booming at the very time domestic gasoline and diesel prices are at or near their peaks. With America’s fuel prices expected to rise even further, the “resource nationalism” debate — should we be exporting commodities we need? — is heating up.
According to new tanker cargo volume data from Kpler, U.S. crude exports averaged 3.13 million barrels per day (b/d) in January-May. That’s the best first five months of the year ever. Exports of clean petroleum products — including...
https://www.freightwaves.com/news/us-exports-even-more-oil-as-domestic-gasoline-diesel-prices-spike