U.S. Energy Information Administration said this week exports of U.S. petroleum products reached an all-time high during first half of 2022, according to records dating back to 1973. Exports averaged nearly 6 million barrels per day – an increase of 11 percent or 596,000 b/d over first half of 2021. Distillate fuel oils increased by 19 percent, propane (top U.S. product exported) exports grew by 6 percent, and U.S. motor gasoline exports rose by 11 percent.
Permian Basin Oil and Gas Magazine
PBOG is the Official Publication of the Permian Basin Petroleum Association and is published monthly by Zachry Publications, LP.