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As U.s. Shale Oil Exports Rise, Pricing Focus Will Shift To Gulf Coast

by houstonchronicle.com posted 4months ago 40 views
The rise of U.S. shale oil and gas production is widely known to have disrupted the domestic energy market in a number of ways. But more importantly, it has shifted the United States from being one of largest importers of oil toward becoming a net exporter of crude oil and oil products. These tectonic shifts will change the focus of oil pricing, shifting it to the Gulf Coast and on-the-water crude oil and crude products. In other words, those bound for export.

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