Energy Pushes Houston to Nation’s Top Exporter
Note from Christi:
Thanks to energy exports, the Houston metro area surpasses even NYC’s export value by more than $8 billion to become the top exporter in the U.S.
By: Simone Sebastian, FuelFix
The Houston metropolitan area has become the nation’s top exporter for the first time in history, pushed by growing shipments of petroleum products, according to a U.S. Department of Commerce report released this week.
About $110.3 billion in merchandise shipped from the Houston-Sugar Land-Baytown area in 2012, a nearly 6 percent jump from the year before. The metropolitan area surpassed New York City’s export value of $102 billion to grab the title of top U.S. exporter.
Petroleum and coal products were the largest group of exports from the Houston area, totaling $36.6 billion in value. Another $31.2 billion worth of chemicals left the region, according to the federal agency.
Continue to read the full article here.