Houston-Galveston Port’s Oil Exports Exceed Imports in April for First Time
The U.S. port district of Houston-Galveston, which extends to Corpus Christi, for the first time ever in April began exporting more crude oil than it imported, the Energy Information Administration (EIA) said. Since restrictions on domestic oil exports were lifted at the end of 2015, exports from the port district have increased, lifted by burgeoning onshore output from the Lower 48 states. As of April, oil exports from the Houston-Galveston port surpassed imports by 15,000 b