International

U.S. crude exports in April rise to highest level in 15 years

The United States exported 268,000 barrels per day (b/d) of crude oil in April.

EIA
16/06/2014 16:08
U.S. crude exports in April rise to highest level in 15 years Imagem: Divulgation Visualizações: 3280 (0) (0) (0) (0)

The United States exported 268,000 barrels per day (b/d) of crude oil in April (the latest data available from the U.S. Census Bureau), the highest level of exports in 15 years. Exports have increased sharply since the start of 2013 and have exceeded 200,000 b/d in five of the past six months. The increase in crude exports is largely the result of rising U.S. crude production, which was 8.2 million b/d in March.

 

Almost all of the crude oil exported from the United States has been delivered to Canada, and most of the recent increase in crude oil exports has been from the U.S. Gulf Coast (PADD 3). Gulf Coast crude exports averaged 134,000 b/d in the first quarter of 2014, a 283% increase over 2013's record high of 35,000 b/d. In the first quarter of 2014, nearly 75% of Gulf Coast exports have left the region from the Houston-Galveston district, in Texas. The remaining barrels were loaded in Port Arthur, Texas and New Orleans, Louisiana.

 

Exports from the East Coast (PADD 1) averaged 30,000 b/d in the first quarter of 2014, down slightly from 2013 levels, but up from 9,000 b/d in 2012. First-quarter exports from PADD 1 were evenly distributed between the Port of New York and Portland, Maine, which is the starting point of a pipeline that delivers crude to refineries in the Montreal area. Exports of crude from the Midwest (PADD 2) have long been a source of crude for refineries in Sarnia, Ontario.

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