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


SB65 would have cut the occupational tax in certain cities down to 1 percent gradually over time, virtually eliminating it.

Local news

Scott represented House District 55 in the Birmingham area for 16 years.

Local news

The city of Gadsden is rolling out the red carpet for medical cannabis businesses interested in locating in Gadsden.


The local route — calling on local officials and holding them accountable — is often the best path for citizens to get what they...