US Oil Surplus with Latin America. 1st. By the numbers:

  • The U.S. has its first oil surplus with Latin America
  • surplus of 89,000 barrels a day of petroleum begain in October 2016
  • 1st surplus since 1993
  • 184,000 barrels a day suplus by November 2016
  • 50% of Mexico’s gasoline consumption is U.S. gasoline

Petroleum World | First-ever oil trade surplus U.S. with Latin America