The United States is the world’s largest gasoline exporter

The United States is the world’s largest gasoline exporter

The United States is the world’s largest exporter of motor gasoline, supplying over 16% of total global exports.

U.S. motor gasoline exports in 2023 averaged 900,000 barrels per day, equivalent to about 10% of domestic consumption and enough to fill up the tanks of over 1.5 million SUVs per day, assuming an average tank size of 24 gallons. Other large gasoline exporters, including Singapore and the Netherlands, have never exceeded 700,000 barrels per day in gasoline exports. China and India have both added significant refining capacity since 2010 and have also increased gasoline exports.

The United States was a net importer of motor gasoline for over a half century from 1961 to 2015. However, that trend changed during the past decade. The high volume of motor gasoline exports in recent years reflects longer trends in increasing U.S. exports of refined products in general, which set records in 2022 and 2023.

The growth in U.S. refined product exports reflects several factors, including generally increasing refinery capacity from 2010 to 2023 and rising production from existing refineries through increased utilization. Although refinery capacity has grown, U.S. consumption of gasoline has not, making more gasoline available for export. Motor gasoline consumption in 2023 was flat compared with 2010 (and 0.4 million barrels per day less than its peak in 2018).

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Qi Sun, Ph.D.

I want to build Tao following Nature society. Please hire me.

4 个月

We can reach Real Zero right now. No need solar panel farm, wind farm, battery car, gasoline car, nuclear, desalination etc. These are not clean energy technologies. We need to fucus on building community-driven solutions for future generations. We don't need innovations/wars which make human's consciousness goes to heaven/hell. Clean energy production service community and circular agriculture operation building are the foundation of community-driven solutions.? Wired internet, wired water, wired electricity are the key for human mental and body health.

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Jay Selter

23518 virginia area

5 个月

We should never have to import gasoline. We can make it in the u.s.

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Thomas "Tom" DeMartino

Integrity Is Everything

5 个月

WOW. I'm sure this will be tonight's headline story at Fox News Media and Fox Corporation .... NOT ??

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