For the first time in more than six decades, the United States is exporting more gasoline and diesel than it imports.
To be clear, we're talking about finished petroleum products, not crude oil. The U.S. still imports about half the crude it consumes.
Refineries are touting this new export statistic — after all, gasoline and diesel are manufactured products. They say a boost in exports keeps more manufacturing jobs in the U.S. But one reason exports are increasing is that demand for gas in this country is declining.