Post Tagged with: "IHS"

Shale Boom Helped Lower U.S. Trade Deficit by $250 Billion: Report

Shale Boom Helped Lower U.S. Trade Deficit by $250 Billion: Report

Falling U.S. petroleum imports have lowered the U.S. merchandise trade deficit by $250 billion from what it would have been otherwise, according to a report from IHS Markit.

IHS reports that the U.S. production boom has exerted a moderating force …