Opinion

Rise in U.S. Exports of Jet Fuel Driven by Latin American and Caribbean Countries


U.S. annual jet fuel gross exports, as explained in the article text

Source: U.S. Energy Information Administration, Petroleum Supply Monthly

The United States exported 186,000 barrels per day (b/d) of jet fuel in 2017, the eleventh consecutive year of increasing gross jet fuel exports. Almost two-thirds (62%) of U.S. jet fuel exports went to countries in Latin America and the Caribbean, especially Mexico. Relatively high domestic production and a growing international aviation industry have established the United States as a net exporter of jet fuel for the seventh straight year.

The United States exported jet fuel to 54 destinations in 2017, with 22% of these exports going to Mexico. U.S. exports of jet fuel to Mexico increased from 4,000 b/d in 2010 to 40,000 b/d in 2017 because of factors such as the liberalization of Mexico's energy markets, increased air traffic, and low utilization at Mexico's refineries.

International tourism has grown steadily over the past several decades. Latin America and the Caribbean include many popular tourist destinations, and the United Nations World Tourism Organization estimated that international tourist arrivals in 2017 increased by 7% in South America and by 4% each in the Caribbean and Central America. Many of these countries have increased their imports of U.S. jet fuel because of a lack of sufficient refining capacity to meet domestic jet fuel demand.

U.S. imports and exports of jet fuel by region, as explained in the article text
Source: U.S. Energy Information Administration, Petroleum Supply Monthly

U.S. refineries operated at record levels during 2017, working to produce enough jet fuel to support the growing export market. Petroleum products are typically exported from U.S. Gulf Coast ports, primarily Houston and New Orleans. About 80% of all U.S. jet fuel exports were shipped from the Gulf Coast in 2017.

The East Coast and West Coast regions of the United States remain net importers of jet fuel because of demand in metropolitan areas that host some of the busiest airports in the world. In particular, the West Coast has become increasingly reliant on jet fuel imports from Asian countries because regional consumption has outpaced production.

Principal contributor: Steve Hanson


Visit source site

https://eia.gov/todayinenergy/detail.php?id=36417&...

EIAEnergy Information Administration EIAUnited StatesUSexportsFuelCaribbeanlatin america

More items from oilvoice


Senex Secures Regulatory Approval for the Western Surat Gas Project

Senex Energy Limited (Senex, ASX: SXY) is pleased to announce that it has been granted approval to develop the Western Surat Gas Project under the Commonwealth Government Environment Protection and Biodiversity Conservation Act (EPBC). Together with previously granted State environmental approv ...

OilVoice Press - OilVoice


Posted 2 hours agoPress > ASXSenexSenex Energy +4

[Azinam] ExxonMobil Farms in to PEL 44, Offshore Namibia

Windhoek, Namibia – Tuesday, August 14, 2018: Azinam Limited (“Azinam”), the Seacrest Capital Group-backed Namibian explorer, is pleased to announce that ExxonMobil Namibia (PEL44) Limited, an affiliate of Exxon Mobil Corporation, has entered into an agreement with Azinam to acquire a 30% intere ...

OilVoice Press - OilVoice


Posted 2 hours agoPress > OffshoreNamibiaExxon Mobil +4

U.S. Refineries Running at Near-Record Highs

Source: U.S. Energy Information Administration, Weekly Petroleum Status Report For the week ending July 6, 2018, the four-week average of U.S. gross refinery inputs surpassed 18 million barrels per day (b/d) for the first time on record. U.S. refineries are running at record levels in resp ...

OilVoice Press - OilVoice


Posted 20 hours agoOpinion > EIAEnergy Information Administration EIAUnited States +3

Petrofac Awarded Basra Oil Company EPC Contract

Petrofac has been awarded a contract worth around US$370 million by Basra Oil Company (BOC) for expansion of the Central Processing Facility (CPF), located in the Majnoon Field, Southern Iraq. Under the terms of the 34-month contract, the lump-sum engineering, procurement and construction (EP ...

OilVoice Press - OilVoice


Posted 21 hours agoPress > PetrofacContractBasra Oil Company +6

Pertamina Set to Capitalize on New Gross Split Production Sharing Contract Terms in Indonesia, Says GlobalData

State-owned oil and natural gas company Pertamina is poised to capitalize on the improved gross split production sharing contract (PSC) terms in Indonesia, says leading data and analytics company GlobalData . The gross split PSC, which removes the cost recovery element, with all production dire ...

OilVoice Press - OilVoice


Posted 22 hours agoOpinion > pertaminaIndonesiaGlobalData +6
All posts from oilvoice