Southwest Economy, Third Quarter 2018

Spotlight: Shale Oil Propels U.S. Crude Export Increase

Kunal Patel and Grant Strickler

Crude oil exports from the U.S. are rising, reaching 2.2 million barrels per day (mb/d) in June 2018, triple the 2016 average and the highest ever for the nation. More than 90 percent of crude exports this year have originated on the Gulf Coast, generating jobs, capital and income for ports in Houston and Corpus Christi.

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