The U.S. – On Track To Become a Net Exporter of Oil, Once Again — Oil and Gas Investments Bulletin

The U.S. – On Track To Become a Net Exporter of Oil, Once Again — Oil and Gas Investments Bulletin:

"For the first time since 1949, the United States is poised to become a net exporter of petroleum, according to the Petroleum Supply Monthly report for November put out by the U.S. Energy Information Administration.

Through the first nine months of 2011, the U.S. exported 753.4 million barrels of gasoline, diesel and other oil-based fuels while only importing 689.4 million barrels."