The U.S. Smashes Another Oil Export Record

Growing U.S. crude oil production and exports have resulted in America selling oil to more destinations around the world than the number of countries from which it imports crude oil, the Energy Information Administration (EIA) said on Tuesday. A decade ago, the United States was importing crude oil from as many as 37 foreign sources per month, and its exports were restricted almost exclusively to Canada. After the lifting of those restrictions at the end of 2015, U.S. crude oil exports have been on the rise and reaching more destinations. Between…