For Investors Only -- SeekingAlpha On US Gasoline Exports

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SeekingAlpha has a great article on US gasoline exports.

Despite all the press LNG export licenses are generating these days, those LNG plants are years away from becoming operational. The real action in the U.S. energy export market today is with gasoline.

An article in this week's Barron's seemed a bit perplexed as to why gasoline prices were so high when U.S. oil inventories are brimming at their highest levels in 30 years. But the article never mentions gasoline exports, which I believe are a major factor in determining the price of WTI. 

The writer then links to a Bloomberg article to support his view. 

U.S. gasoline exports have nearly tripled in the past 10 years to over 3 million barrels per day (126,000,000 gallons/day). Despite increased U.S. oil production over that period, it is not surprising that the price Americans drivers pay for a gallon of gasoline has tracked this export curve higher.

Several story lines here, but I think most of them are obvious.