Petroleum Product Exports Continued to Rise in 2013
Gross exports of petroleum products from the United States reached 4.3 million barrels per day in December 2013, the first time exports exceeded 4 MMbbl/d in a single month. December exports cap a year of steady growth and bring average exports for full-year 2013 to 3.5 MMbbl/d, 350,000 bbl/d (11%) higher than in 2012. The increase in exports was broad-based, affecting multiple products.
Average distillate fuel gross exports exceeded 1.1 MMbbl/d in 2013, a 110,000-bbl/d increase over the 2012 level. Cost-advantaged domestic crude oil and natural gas feedstock encouraged near-record-high refinery runs, and 2013 distillate production increased 160,000 bbl/d compared with 2012.
Exports of gasoline, jet fuel and pentanes plus also increased in 2013.
Propane gross exports averaged 300,000 bb
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Submitted Mar 09, 2014 By: