US Gasoline imports vs exports… EIA

by Jim Colburn • Thursday, November 30, 2017

 

From the excellent This Week in Petroleum put out by the EIA:

”Despite record high gasoline consumption, the United States is on pace to export more gasoline than it imports for the second year in a row. Changes in regional markets, increased demand for exports, and high refinery runs are once again leading to the United States to be a net exporter in 2017.”

”…for every month between April and August 2017, the United States set either record low net imports or record high net exports…

“Between 2013 and 2016, Gulf Coast gasoline exports increased by 236,000 b/d (54%), while East Coast imports increased by 41,000 b/d (7%), resulting in a shift for the United States as a whole.”

“A majority of the growth in U.S. gasoline exports has been to markets in Mexico and Central and South America. In the first half of 2017, Mexico accounted for 53% of the 755,000 b/d of U.S. total motor gasoline exports. Low utilization of Mexican refineries and the ongoing market reforms of Mexico’s retail fuel distribution have resulted in continued increased demand for gasoline supplies from the U.S. Gulf Coast.”

”U.S. gross refinery inputs set a record high of 17.8 million b/d for the week ending August 25 and have been higher than the five-year range for a majority of 2017 (Figure 3).”

 

 

 

 

 

 

 

 

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