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Petroleum Exports Reach New Record in 2014

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The Energy Information Administration’s December Petroleum Supply Monthly data show exports of U.S. noncrude petroleum products averaged 3.8-million barrels per day last year – up 347-thousand barrels per day from 2013. This is a new record high. December 2014 exports of motor gasoline set a record high at 875-thousand barrels per day. Increasing once again is the U.S. average retail price for regular gasoline – which rose over 14-cents last week – though the 2-47 per gallon price is still down 1-01 from a year ago.

Source: NAFB News Service