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America’s top export in 2011 was . . . fuel?

23 pointsby acakover 13 years ago

6 comments

mbellover 13 years ago
I'm reading the U.S. Census Bureau report from October [0] and I can't for the life of me figure out where these numbers are coming from, they seem to be flat out wrong.<p>Using NAICS product categories the "top 5" through October appear to be:<p>1) Transportation Equipment - 164.79 billion<p>2) Chemicals - 156.7 billion<p>3) Non-Electrical Machinery - 118.4 billion<p>4) Computers and Electrical Products - 102.4 billion<p>5) Petroleum and Coal Products - 81.26 billion<p>Am I reading this report wrong?<p>[0] <a href="http://www.census.gov/foreign-trade/Press-Release/current_press_release/ft900.pdf" rel="nofollow">http://www.census.gov/foreign-trade/Press-Release/current_pr...</a>
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ams6110over 13 years ago
<i>Aircraft, motor vehicles, vacuum tubes and telecom equipment were next on the list of top exports.</i><p>Vacuum tubes??!?
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waterside81over 13 years ago
Oil from the tar sands in Alberta is sent to the US to be refined and then sold so while the numbers might say one thing, the truth is a bit murkier.
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tokenadultover 13 years ago
This is a very recent trend reversal. An earlier story I saw in the print edition of the Wall Street Journal discussed some of the background to the very large recent increase in exports from the United States to other countries of refined petroleum products that count as "fuel." Some more current stories<p><a href="http://www.chicagotribune.com/business/ct-biz-0103-fuel-exports-20111231,0,366760.story" rel="nofollow">http://www.chicagotribune.com/business/ct-biz-0103-fuel-expo...</a><p><a href="http://www.usatoday.com/money/industries/energy/story/2011-12-31/united-states-export/52298812/1" rel="nofollow">http://www.usatoday.com/money/industries/energy/story/2011-1...</a><p><a href="http://latimesblogs.latimes.com/money_co/2011/12/the-2011-argus-americas-crude-summit-held-in-houston-last-januarywas-named-life-after-macondo-it-was-focused-almost-entire.html" rel="nofollow">http://latimesblogs.latimes.com/money_co/2011/12/the-2011-ar...</a><p><a href="http://www.ogj.com/articles/2011/12/market-watch-oil-makes-small-gains-gas-price-continues-decline.html" rel="nofollow">http://www.ogj.com/articles/2011/12/market-watch-oil-makes-s...</a><p>give more background on the rise in United States fuel exports and when the trend became apparent to federal government energy policy officials.
luser001over 13 years ago
Are these really exports to other countries, or do shipments intended for or directly to US forces in Iraq, Afghanistan etc also count as exports?
nevineraover 13 years ago
We exported a lot of it straight into the ocean!