Friday, November 27, 2020
Home Right Column Shale Boom Is Helping America’s Trade Balance with China

Shale Boom Is Helping America’s Trade Balance with China

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The United States has been exporting crude oil for less than a year and a half after the four-decade ban on exports was lifted, but already buyers are lining up to tap this new, stable supply. Canada has bought up most of this crude to date, but China just surpassed our northern neighbor to become the biggest buyer of American crude in February.

Source: Shale Boom Is Helping America’s Trade Balance with China

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