U.S. petroleum product exports reach record high in 2014
EIA’s December Petroleum Supply Monthly data show that exports of noncrude petroleum products from the United States averaged 3.8 million barrels per day (bbl/d) in 2014, an increase of 347,000 bbl/d from 2013, and a new record high. Increased exports of motor gasoline and hydrocarbon gas liquids (HGL), including propane and butane, were the main contributors to the trend, while exports of distillate decreased.
Record-high U.S. refinery runs, which averaged 16.1 million bbl/d in 2014, and increased global demand for petroleum products allowed U.S. petroleum product exports to increase for the 13th consecutive year. U.S. exports are mostly sent to nearby markets in Central America and South America, which grew year-over-year by 172,000 bbl/d (15%), followed by exports to Canada and Mexico,
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