The Surge in Exports Politicians Don't Talk About
Politicians love to talk up American exports, with one exception: refined petroleum products like gasoline and diesel.
The reason why is terribly simple: The mere perception, let alone genuine possibility, of higher gasoline prices gets politicians up and down the political spectrum nervous about touting what the sheer numbers show is our country's biggest export success story right now.
The United States exported 3 million barrels of refined petroleum products a day in July, an almost 150 percent increase over the past six years. In 2012, these exports were worth $117 billion and were the single-largest U.S. export across the board.
Staying mum about all the gasoline and diesel leaving our country to places like Latin America might quite possibly be the only thing Democrats and Republicans can agree on when it comes to our energy policy.
TOP ENERGY NEWS
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