COVINGTON, Louisiana (Bloomberg) -- Things are slowing down at the U.S.’s largest oil-import hub. Just six years after importing more than 1 MMbopd from countries including Saudi Arabia, Nigeria and Iraq, the Louisiana Offshore Oil Port is receiving just half of that from overseas, highlighting a nationwide trend at harbors from Mississippi to Pennsylvania. What’s more, with U.S. output soaring to a 31-year high, neighboring Texas has become the port’s second-biggest supplier.
..»
Oil import drop to U.S. revealed by Louisiana as new truth
![Oil import drop to U.S. revealed by Louisiana as new truth]()
Reviewed by Crude Oil Brokers
on
12:18
Rating:
No comments:
Post a Comment