U.S. Trade Accounts

BP Attempts "Static Kill" To Permanently Plug Damaged Oil Well

Recent Improvements in Petroleum Trade Balance Mitigate U.S. Trade Deficit EIA Today in Energy: Since the mid-1970s, the United States has run a deficit in merchandise trade, meaning that payments for imports exceeded receipts for exports. This large and growing deficit on the merchandise trade balance reached a maximum of $883 billion in the second… Keep reading →