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U.S. Oil Exports Hit Record High
Posted on 12/6/22 at 9:46 am
Posted on 12/6/22 at 9:46 am
quote:
U.S. exports of crude oil and petroleum products hit an all-time high of 11.8 million barrels per day (bpd) last week, The Maritime Executive reports.
In the week to November 25, a total of 11.776 million bpd of U.S. crude and petroleum were exported, the latest data from the U.S. Energy Information Administration showed.
quote:
According to the EIA’s data, weekly American crude exports have also set records multiple times in recent weeks.
The United States has ramped up exports of crude as the EU looks to non-Russian supply due to the embargo. In fact, U.S. exports of crude and petroleum products have been steadily rising this year, especially after the Russian invasion of Ukraine upended energy trade flows and buyers started shunning Russian products or began preparations to purchase non-Russian supplies.
quote:
The Port of Corpus Christi, Texas, for example, has set records this year in tonnage exported, largely due to crude oil exports. In the third quarter, the port beat its previous record from the second quarter, driven in large part by record exports of crude oil.
“In these times of uncertainty, moving America’s energy to other U.S. demand centers and our overseas allies and trading partners has never been more critical for our economic and national security,” said Sean Strawbridge, Chief Executive Officer for the Port of Corpus Christi.
LINK
Posted on 12/6/22 at 9:48 am to ragincajun03
Nah nah nah, can't be. Biden killed the US oil industry. It's dead, doesn't exist anymore. Kaput.
Posted on 12/6/22 at 9:48 am to ragincajun03
U.S. exports of crude oil and petroleum products hit an all-time high of 11.8 million barrels per day (bpd) last week
Why are we exporting when our gasoline is still so high?
![](https://images.tigerdroppings.com/Images/Icons/Iconconfused.gif)
![](https://images.tigerdroppings.com/Images/Icons/Iconconfused.gif)
![](https://images.tigerdroppings.com/Images/Icons/Iconconfused.gif)
![](https://i.imgur.com/u8RMofZ.gif)
Why are we exporting when our gasoline is still so high?
Posted on 12/6/22 at 9:59 am to ragincajun03
Congrats O&G baws. F350's without chips for everyone!
Posted on 12/6/22 at 10:03 am to ragincajun03
I worked at one of the larger refineries in corpus. Most of them down there are fitted to process the higher API crude found in the eagleford. Higher API is refined into gasoline and other light components easier than traditionally heavier varieties so the higher exports from there make sense.
Posted on 12/6/22 at 10:15 am to ragincajun03
How much did we import?
*hint - it’s east to export a lot when we are selling off our strategic reserves.
I know some lefty will make a comment like “i thought Biden was shutting down drilling”.
*hint - it’s east to export a lot when we are selling off our strategic reserves.
I know some lefty will make a comment like “i thought Biden was shutting down drilling”.
Posted on 12/6/22 at 11:57 am to ragincajun03
Ask yourself, how much of that came out of the SPR.
Posted on 12/6/22 at 5:02 pm to ragincajun03
Refineries are set up to run just about any crude, the light and heavy are run thought out. The only segregation is lube approved and non lube approved (fuels grade). One of the more thicker is from Chad, called Doba, it to makes great products, mogas, diesel, jet, etc.
FYI, Jet-A is just Kerosene with a deicer. Heating oil and diesel are close in cetane numbers.
FYI, Jet-A is just Kerosene with a deicer. Heating oil and diesel are close in cetane numbers.
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