America Is Inching Closer to Energy Independence

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The Wall Street Journal reports that the United States is now an oil exporting giant:

American oil exports are emerging as a disruptive new force in global markets. The U.S. exported 1 million barrels of oil a day during some months so far this year—double the pace of 2016—and is on track to average that amount for all of 2017, according to a Wall Street Journal analysis of data from the U.S. Energy Department and the International Trade Commission.

American exports are mostly refined petroleum, not crude, but this is a trend many years in the making. As you can see, total imports of petroleum have dropped significantly over the past few years, and if exports double this year we’ll be close to a net balance in the oil trade. It’s a new era.

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We just wrapped up a shorter-than-normal, urgent-as-ever fundraising drive and we came up about $45,000 short of our $300,000 goal.

That means we're going to have upwards of $350,000, maybe more, to raise in online donations between now and June 30, when our fiscal year ends and we have to get to break-even. And even though there's zero cushion to miss the mark, we won't be all that in your face about our fundraising again until June.

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