exports
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The offshore export terminal, capable of accommodating very large crude carriers, could provide access to international markets in Asia and Europe—and higher prices—for Permian, Cushing, and Eagle Ford crude oil.
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Even though exports are rising to more than 1.6 million B/D, the US is facing a new bottleneck at its port facilities.
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The US is emerging as a gas-exporting nation, and that is going to mean big changes globally.
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One of the world’s leading energy watchers says the second shale revolution will come in the form of LNG exports.
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