Monday, November 10, 2014

US Now An Oil Exporter

In the U.S., a Turning Point in the Flow of Oil - NYTimes.com: "The Singapore-flagged tanker BW Zambesi set sail with little fanfare from the port of Galveston, Tex., on July 30, loaded with crude oil destined for South Korea. But though it left inauspiciously, the ship’s launch was another critical turning point in what has been a half-decade of tectonic change for the American oil industry. The 400,000 barrels the tanker carried represented the first unrestricted export of American oil to a country outside of North America in nearly four decades...."


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