America Became a Net Exporter of Petroleum in September: Chart

Nov. 29, 2019, 6:33 PM UTC

The U.S. solidified its status as an energy producer by posting the first full month as a net exporter of crude and petroleum products since government records began in 1949. The nation exported 89,000 barrels a day more than it imported in September, according to data from the Energy Information Administration Friday. While America has previously reported net exports on a weekly basis, the latest figures mark a key milestone that few would have predicted just a decade ago, before the onset of the shale boom.

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