U.S. crude oil exports up in April

Crude oil exports in the U.S. reached its highest level in 15 years in April. Crude oil exports in the U.S. reached their highest level in 15 years in April, according to the U.S. Energy Information Administration. The amount of crude oil exported from the U.S. has been increasing since the beginning of 2013 and the amount exported reached 268,000 barrels per day in April. The U.S. has been exporting more than 200,000 barrels per day five of the past six months.

U.S. crude oil comes from three main regions: the Gulf Coast, the East Coast and the Midwest. The greatest rise in crude oil exportation has been from the Gulf Coast, which averaged 134,000 bpd for the first quarter of 2014, according to the EIA. The area averaged 35,000 bpd in the first quarter of 2013. Almost 75 percent of the Gulf Coast crude export is from the Houston-Galveston, Texas, region.

Most of the crude oil exported from the U.S. goes to Canada.

The growth in crude exportation in April is because of an increase in production of crude oil in March, according to the EIA. The U.S. produced 8.2 million bpd in March.

More information on crude oil exports in the U.S. can be found at PennEnergy's Research Area.

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now


Maximizing Operational Excellence

In a recent survey conducted by PennEnergy Research, 70% of surveyed energy industry professional...

Leveraging the Power of Information in the Energy Industry

Information Governance is about more than compliance. It’s about using your information to drive ...

Reduce Engineering Project Complexity

Engineering document management presents unique and complex challenges. A solution based in Enter...

Revolutionizing Asset Management in the Electric Power Industry

With the arrival of the Industrial Internet of Things, data is growing and becoming more accessib...

Latest PennEnergy Jobs

PennEnergy Oil & Gas Jobs