U.S. energy trade lowers the overall 2020 U.S. trade deficit for the first time on record

Source: U.S. Energy Information Administration (EIA), based on EIA’s Monthly Energy Review and data from the U.S. Census Bureau In 2020, the U.S. net merchandise trade value of energy products—the value of petroleum, natural gas, coal,…

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U.S. crude oil exports reached record levels in 2020 and remain high in 2021

Source: U.S. Energy Information Administration, Weekly Petroleum Status Report Note: 2021 annual average based on year-to-date data as of July 9, 2021.   Despite volatility in global oil markets, U.S. crude oil exports…

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