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Monday, 26 September 2022

The United States exported record amounts of petroleum products in the first half of 2022

In the first half of 2022 (January—June), U.S. exports of petroleum products averaged nearly 6 million barrels per day (b/d), the most first-half-of-year exports in Petroleum Supply Monthly data, going back to 1973. U.S. petroleum product exports increased in the first half of 2022 by 11% (596,000 b/d) compared with the first half of 2021—the fastest growth rate for that time period since 2017. Nearly all petroleum products contributed to increased exports, and the largest volumes came from distillate fuel oil and hydrocarbon gas liquids (HGLs), which include propane. More »

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