The U.S., Crude Oil Refinery to the World
1. The U.S. has become the world’s fueling station, sending more gasoline, diesel, and other refined petroleum products abroad than ever before. Exports of these fuels have almost tripled in 10 years.
2. In 2011, the U.S. became a net exporter of refined oil products for the first time since World War II.
3. Exports are forecast to keep rising as European refiners close, domestic crude production rises, and demand swells in emerging markets.