U.S. on Track to be Net Fuel Exporter
December 1, 2011 at 11:08 am Kyle Horseman
U.S. exports of gasoline, diesel and other oil-based fuels are soaring, putting the nation on track to be a net exporter of petroleum products in 2011 for the first time in 62 years, reported the Wall Street Journal.
A combination of booming demand from emerging markets and faltering domestic activity means the United States is exporting more fuel than it imports, upending the historical norm.
CSPNet.com Nov 30, 2011
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Entry filed under: economy, Imports/Exports, oil, petroleum, United States. Tags: .
