America’s oil-export boom is one for the history books

America is exporting its oil at a record never before seen in history.

Data: U.S. Energy Information Administration; Chart: Axios Visuals

Why it matters: That straight line upward, highlighted by the U.S. Energy Information Administration Wednesday, reflects one of the most dramatic turnarounds of an industry that affects so many corners of the American and global economies, from trade deficits to everyday drivers.