US could become record oil exporter in 2023


The coming year 2023 could see the U.S. export more oil than it imports.

Reuters reported sales of U.S. crude to other nations totals a record 3.4 million barrels a day with exports of nearly 3 million barrels a day. U.S. petroleum demand is expected to rise 0.7% to 20.51 million bpd next year, so that means production would have to rise.

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