Texas exports more oil than it imports

This report says it’s the first time ever, but I have trouble believing that. There were the early booms and World War II ramped up production as well.

“Meanwhile, however, Texas is on track to become the biggest oil producer after Russia and Saudi Arabia, according to production estimates by HSBC, quoted by CNN.”

Via ZeroHedge

One response to “Texas exports more oil than it imports

  1. Good, but there are all these shale oil people breathing down your neck.