The U.S. might have a trade deficit overall, but when it comes to energy, trade is in surplus land for the first time - ever. A new milestone has been reached in the global energy markets. For the first time on record, the value of U.S. energy exports exceeded the value of imports based on 2020 data.
There was an energy trade surplus of $27 billion last year, as the value of coal, electricity, natural gas, and petroleum exports surpassed that of the value of the imports. And for the first six months of this year, the trade value of energy…U.S. Energy Exports Exceed Imports For The First Time Ever
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