Title : US Becomes Net Oil -- Crude Oil And Petroleum Products -- For First Time Since George H. W. Bush Bailed Out Of His Plane 74 Years Ago -- December 6, 2018
link : US Becomes Net Oil -- Crude Oil And Petroleum Products -- For First Time Since George H. W. Bush Bailed Out Of His Plane 74 Years Ago -- December 6, 2018
US Becomes Net Oil -- Crude Oil And Petroleum Products -- For First Time Since George H. W. Bush Bailed Out Of His Plane 74 Years Ago -- December 6, 2018
Links to various articles reporting this story.- The US just became a net oil exporter for the first time in 75 years: Bloomberg
- In major shift, US now exports more oil than it ships in: Reuters
- US becomes net oil exporter for first time in 75 years: oilprice
- shale is not a revolution, it's a retirement party: Art Berman
The link:
- The United States is on pace to be a net energy exporter by 2022, the Energy Department forecasts.
- Surging natural gas exports, higher crude shipments and robust fuel flows will help the United States achieve the status for the first time since 1953.
- Tepid demand growth for energy in the United States will also help the nation become a net exporter.
- Comment: one can argue that the US would already be a net exporter of energy if it weren't for faux environmentalists killing and delaying crude oil and natural gas pipelines
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