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

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  • Kunal Patel
  • Grant Strickler

Abstract

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.

Suggested Citation

  • Kunal Patel & Grant Strickler, 2018. "Spotlight: Shale Oil Propels U.S. Crude Export Increase," Southwest Economy, Federal Reserve Bank of Dallas, issue Q3, pages 18-18.
    • Handle: RePEc:fip:feddse:00139
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