EIA: Net petroleum product exports continue to increase

July 8, 2015

Over the past decade, domestic refinery output of petroleum products has grown significantly while consumption has declined, resulting in a major increase in product exports. Petroleum product exports averaged 4.1 million barrels per day (b/d) in the first four months of the year, an increase of 0.5 million b/d over exports the same time last year. Product imports are also higher than last year, but to a lesser extent, leading to an increase in net petroleum product exports.

Import and export patterns vary by region, with most exports leaving from the Gulf Coast (Petroleum Administration for Defense District 3), and imports coming to the East Coast (PADD 1). Record-high refinery runs and increased global demand for petroleum products from the United States continue to push exports higher.


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