Galveston now a next exporter of oil
Posted: Tue Aug 21, 2018 12:32 pm
The U.S. port district of Houston-Galveston recently became a net exporter of crude oil, the first time on record.
- In April, exports exceeded imports by 15,000 bpd, a figure that jumped to 470,000 bpd in May.
- The Houston-Galveston port area has made up more than half of the share of U.S. oil exports, a figure that jumped to 70 percent in in May as exports surged.
- In April, exports exceeded imports by 15,000 bpd, a figure that jumped to 470,000 bpd in May.
- The Houston-Galveston port area has made up more than half of the share of U.S. oil exports, a figure that jumped to 70 percent in in May as exports surged.