Rising output, slow demand to boost US product exports

John R. Auers John M. Mayes Turner, Mason & Co. Dallas In 2005, the US was the world's largest importer of petroleum products, with net volumes averaging almost 2.5 million b/d, according to the US Energy Information Administration (EIA). Turner, Mason & Co., Dallas, now estimates that a combination of increasing production rates and a decline in domestic consumer product demand will push the US to become the world's largest net product exporter by 2023. This reversal will present immense challenges to US refiners in developing new foreign markets and to foreign refiners, which will face greater competition from US products. If domestic refining rates are maintained, about 13% of ...

Why Register?

Non-subscribers can only view whitepapers by providing name, home and email address, phone number and other information and comment on/rate articles.

Why Subscribe?

Oil & Gas Journal subscribers with login credentials can access these premium features of OGJ Online:

  • Current Issue – an html version of the current week's issue of Oil & Gas Journal.
  • Past Issues – An Electronic OGJ Archive. A keyword-searchable archive of all issues of Oil & Gas Journal dating back to 1990; also searchable by issue date.
  • Market Journal – a weekly round-up of the oil and gas markets, with observations from leading analysts.
  • Editor's Perspective – a short article of insight and opinion by the Editor of Oil & Gas Journal.
  • OGJ Industry Stats – quick access to current industry statistics from Oil & Gas Journal.
  • OGJ Survey Downloads - quick access to exclusive reports from Oil & Gas Journal.


Subscriber Help or Subscribe

Oil & Gas Journal Subscribers: Have your subscription number (from the mailing label on the cover of your Oil & Gas Journal) and e-mail address ready to set up your online account through Customer Service Assistant.

If you're not an Oil & Gas Journal subscriber, start a subscription and gain access to the subscriber areas of OGJ Online now.

Stay Connected