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Industry News / Midstream & Downstream / Transportation

U.S. Oil Exports Go Up a Gear as Supertanker Sets Sail for China

Published in Industry News, Midstream & Downstream, Transportation

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  1. This quote says it all that’s a lot of barrels – “There could not be a better time to offer this service as domestic production surpasses 10 million barrels per day in the ever-dynamic global crude oil market,” said LOOP LLC President Tom Shaw.

    Is the industry destined to expand into oversupply resulting in the cyclical issues we’ve seen in the past?

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