Tag Archives: Trade Balance

U.S. Posts First Petro Product Trade Surplus Since 1949

Posted on March 7, 2012 by macromon

The times they are a-changin’. According to the EIA the United States exported more petroleum products than it imported in 2011 for the first time since 1949.   Though declining, American refiners still imports large amounts of crude oil. Strong global … Continue reading →

Posted in Commodities, Crude Oil | Tagged , , | 5 Comments