Past is prologue, as they say. As we look forward to what 2019 could bring for American energy, it’s worthwhile to look back at 2018 for some hints. With that in mind, here is our “look-back preview” of eight key trends and important issues that we believe will help to shape the year ahead.
Yesterday, Reuters reported that crude oil exports from the United States reached their highest level since the 1920s. Using Census Bureau export data, Reuters calculates that crude shipments averaged 662,000 barrel per day in May.