The U.S. stands to become a net exporter of petroleum products for the first time in 62 years...

|By:, SA News Editor

The U.S. stands to become a net exporter of petroleum products for the first time in 62 years after increased demand from emerging markets and a falloff in domestic activity shifted the tide. According to data from the DOE, the U.S. took in 689.4M barrels of gasoline, diesel and other oil-based fuels over the first 9 months of the year - while sending 753.4M barrels overseas.