Domestic production has reduced imports approximately 83% since peak
As of March of this year, the EIA estimates that the United States Gulf Coast imports approximately 1.8 million barrels of crude oil per day (BOPD), the lowest recorded rate since 1986.

The highest recorded rate of imports occurred in Mach of 2007 when the average was approximately 6.6 million BOPD. Since then, the Gulf Coast has repositioned itself as a net exporter, rather than an importer, capitalizing on a number of different trends in order to drive its numbers up.

Source: EIA

Consequently, the Gulf Coast has achieved an approximately 83% reduction in imports since its 2007 peak.

Stateside, one of the biggest influences on falling importation numbers is t...


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