Petroleum Economics - The Economic Outlook for Exports of Petroleum Products

AN OUTLINE survey of the economic outlook for the United States export trade in petroleum products resolves itself broadly into two general divisions; first, a consideration of our present position in this trade, and second, a discussion of the visible factors which promise to affect appreciable changes in the immediate future in that trade. The UNITED STATES PETROLEUM EXPORTS OF MAJOR PETROLEUM PRODUCTS 1925, 1926 and 1927 Gasoline, Naphtha, and Other Light Products 1925 1926 1927* Quantity (gal.) 1,286,787,796 1,784,154,802 1,851,494,190 Value $197,491,588 $263,199,938 $214,721,652 'Illuminating Oil, Kerosene 1925 1926 1927* Quantity (gal.) 885;136,041 924,680,979 827,162,280 Value $84,699,724 $100,352,877 $80,358,082 Gas and Fuel Oil 1925 1926 I 1927 Quantity (gal.) 1,365,358,988 1,449,688,394 1,815,130,464 Value.... ? $49,040,024 $45,354,108. .. $50,343,031 Lubricating. Oil 1925... ....1926 .. 1927 Quantity .(gal.) 402,572,584 388,767,055 403,369,512 Value $90,596,671 $86,414,621 $88,926,815