U.S. energy imports and exports were nearly equal in May

In May 2020, the United States exported and imported nearly equal amounts of energy, based on data in the U.S. Energy Information Administration’s (EIA) Monthly Energy Review. The United States had been a net exporter of energy in several months of the past year. Changes in domestic production and declines in global demand for energy since mid-March in response to COVID-19 have shifted energy trade balances back in the direction of net imports, especially for U.S. crude oil and petroleum products.
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SynEnergy Partners LLC continues to monitor COVID-19 around the clock under the guidance of our Global Crisis and Regional Incident Management teams, and we have responded as a company with compassion for those who may be affected as well as an abundance of caution to limit the spread of the virus.

We are also taking measures to ensure business continuity remains unimpacted during this time.