OIL FLOWS BOTH WAYS

Some interesting things are happening with gasoline and other petroleum products.  In 2005, the United States was a net importer of petroleum products to the tune of 2.5 million barrels per day.  That very long-term trend is reversing itself.  In 2012, our nation shifted to exporting one million barrels per day (Steve Everly, “U.S. Becomes Net Gasoline Exporter,” The Kansas City Star, June 18, 2013, pp. C1, C7).

This change is significant for two very positive reasons.  First, our refineries are operating at sufficient capacity to meet our needs.  Second, our nation is less dependent on foreign oil sources and therefore less vulnerable to their whims.

I think this trend reversal sneaked up on many people, and I am one of them.  Nevertheless, I am one who is not complaining either.





About James Meadows

Currently I serve as a training team manager for Tyco Integrated Security at a customer-care center in Kansas City. Additionally, I am a business consultant, a freelance corporate writer, an Assembly of God ordained minister, a Civil Air Patrol chaplain, a blogger, and a University of Phoenix Associate Faculty member. I believe we are living in the most fascinating times of human history. To maximize the opportunities these times present, I have a passionate interest in leadership development and organizational success, both of which I view as inextricably linked.

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