Daily Energy Report
Chart of the Day: Will US Crude Exports Continue to Decline?
Summary
Figure (1) above shows trends in US crude exports in 2024 vs the 5-year range, the 5-year average, and exports in 2020. The arrow shows the general linear trends in 2024. It is clear that US crude exports have been declining. Also, the chart shows how volatile US crude exports are, especially since the data is weekly.