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In 2011, for the first time in 62 years, the U.S. exported more refined gas, diesel
and other fuels than they imported ranking second among all U.S. exports in 2011 in dollar volume at $111.1 billion, behind automotive.
This is the 10th in a series* of 100 facts about big issues facing American voters which are being presented by www.FaceTheFactsUSA.org every day until the election to help Americans debunk myths, hold better conversations, get involved, and make choices as smarter citizens.
This series is brought to you courtesy of Lorimer Wilson, editor of www.FinancialArticleSummariesToday.com (A site for sore eyes and inquisitive minds) and www.munKNEE.com (Your Key to Making Money!). This paragraph must be included in any article re-posting to avoid copyright infringement.
Face the Facts USA is a nonpartisan, independently-funded initiative, backed by Americans who believe facts should come first in our national debate. We’re supported by The George Washington University and based at GW’s School of Media and Public Affairs, where faculty and students work with journalists and media professionals to research facts….Face the Facts USA slices through the hyperbole, spin, and slant that gunk up the biggest issues facing America today – and presents exhaustively researched and vetted facts in a compelling, easy-to-digest way.
Fact#10* Released: Aug. 8, 2012 Energy & Environment
Spread the news by sharing today’s video (see here) and then dig into “What do others say?” below for a range of energy views.
How do we know?
Check the original sources behind the fact:
- US Department of Commerce: “US Bureau of Economic Analysis News, February 2012”
- US Department of Energy, Energy Information Administration: “Today in Energy”
What do others say?
Here are stories and opinion relating to this fact. We didn’t base the fact on them. Some argue a point of view. That’s them talking, not us.
- Center for American Progress: “Exploring the implications of selling homegrown energy”
- American Petroleum Institute: “What are the benefits of exporting petroleum products?”
- Related Video: “Stories from the Gulf: Living with the Oil”
*http://facethefactsusa.org/facts/pull-over-here-and-fill-up/
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Previous Facts:
1. Fact #1: Revenue Does Not Cover Core US Programs
2. Fact #2: The U.S. Has the Highest Corporate Tax Rate in the World
3. Fact #3: Overspending on Education in U.S. Doesn’t Buy Genius
4. Fact #4 from FaceTheFactsUSA.org: Twice the Time Now Spent in Traffic Congestion vs. 2010
5. Fact #5: 44% of Jobless Are Unemployed Longer Than 6 Months!
6. Fact #6: America – A Super Rich Country With Supersized Hunger Pangs and Supersized Waste
7. Fact #7: U.S. Owes $Trillions to Other Countries – and to Its Citizens!
8. Face the Facts #8: U.S. Military Spends 58% of Total Spent By World’s Top 10 Military Powers