For The First Time In 70 Years The U.S. Is A Net Petroleum Exporter - Hallo friendsTODAY'S NEWS AND ACCREDITED, In the article you read this time with the title For The First Time In 70 Years The U.S. Is A Net Petroleum Exporter, We have prepared this article for you to read and retrieve information therein. Hopefully the contents of postings Article BANKING, Article CULTURE, Article ECONOMIC, Article HOTELS, Article POLITICAL, Article SOCIAL, Article SPORTS, Article TOURISTS, Article TRAVELING, We write this you can understand. Alright, good read.

Title : For The First Time In 70 Years The U.S. Is A Net Petroleum Exporter
link : For The First Time In 70 Years The U.S. Is A Net Petroleum Exporter

For The First Time In 70 Years The U.S. Is A Net Petroleum Exporter

Bloomberg: U.S. Posts First Month in 70 Years as a Net Petroleum Exporter

The U.S. solidified its status as an energy producer by posting the first full month as a net exporter of crude and petroleum products since government records began in 1949.

The nation exported 89,000 barrels a day more than it imported in September, according to data from the Energy Information Administration Friday. While the U.S. has previously reported net exports on a weekly basis, today’s figures mark a key milestone that few would have predicted just a decade ago, before the onset of the shale boom.

President Donald Trump has touted American energy independence, saying that the nation is moving away from relying on foreign oil. While the net exports show decreasing reliance on imports, the U.S. still continues to buy heavy crude oil from other nations to meet the needs of its refineries. It also buys refined products when they are available for a lower cost from foreign suppliers.

Read more ....

WNU Editor: This accomplishment and its geopolitical impact cannot be underestimated. It is huge, and it has made the world a better and safer place.

Thus Article For The First Time In 70 Years The U.S. Is A Net Petroleum Exporter

That's an article For The First Time In 70 Years The U.S. Is A Net Petroleum Exporter This time, hopefully can give benefits to all of you. well, see you in posting other articles.

You are now reading the article For The First Time In 70 Years The U.S. Is A Net Petroleum Exporter with the link address https://todaysand.blogspot.com/2019/12/for-first-time-in-70-years-us-is-net.html

Tweet

Subscribe to receive free email updates: