Connect with us

Hi, what are you looking for?


Gadsden Times: Sending gasoline overseas

Staff Report

That strange sound you hear is U.S. drivers, who have seen the average price of gasoline more than double over the last three years, restoring their collective jaws to their proper positions after digesting a fact that was revealed last week.

The No. 1 product exported by the U.S. in 2011 wasn’t agricultural or manufactured goods. It’s something that a decade ago didn’t even register on the country’s top 25 list of exports, and something the U.S. hasn’t been a net exporter of since Harry Truman was president.

It’s refined fuel — an estimated $88 billion worth of gasoline and related products last year.

U.S. companies in 2011 exported a staggering 117 million gallons of fuel per day, a nearly three-fold increase in 10 years. The reason is the bottom line — literally.

Read More…

The Alabama Political Reporter is a daily political news site devoted to Alabama politics. We provide accurate, reliable coverage of policy, elections and government.

More from APR

Featured Opinion

The only way to make unions seem like the bad guy in a tale of American industry is to lie about them.


It’s time to let Alabama’s auto workers know what the people of Gadsden know.


Changes are coming. But those changes shouldn’t come at the expense of the people of Gadsden and Etowah County.


The plant is scheduled to begin construction in 2024 and become operational in 2027.