The US is producing much more energy domestically the last decade in all forms from natural gas to crude oil with a myriad of boutique products along the way, and so it is natural for producers to want to maximize profits by expanding their marketplace.
Tag Archives: OIL
Export / Import Price Deflation Continues in November 2013
Written by Steven Hansen In November 2013, year-over-year export and import prices deflated. Import prices have deflated year-over year for 16 of the last 17 months.
Too Much Oil: U.S. Storage Set to Pass the 400 Million Threshold
A year ago oil in storage stood at 274 million barrels, and with another robust year of domestic production, and despite curtailed imports, the US Oil Inventory stands at 391 million barrels and climbing.
Export / Import Prices Deflation Grows Larger in October 2013
Written by Steven Hansen In October 2013, year-over-year export and import prices deflated. Import prices have deflated year-over year for 15 of the last 16 months. This was a very significant decline this month.
Export / Import Prices Deflation Continues in September 2013
Written by Steven Hansen In September 2013, year-over-year export and import prices deflated. Import prices have deflated year-over year for 14 of the last 15 months.