July petroleum data show challenges in the reporting of processed condensate exports

According to official U.S. trade data, the United States exported 21,000 barrels per day (b/d) of condensate derived wholly from natural gas (CDWFNG) to Brazil in July 2015. Under the current U.S. export classification system, CDWFNG falls under the general heading of crude oil within the 2709 Schedule B category. Consequently, these exports are counted as crude oil in EIA's Petroleum Supply Monthly released yesterday. More »