Editor's Notebook: U.S. On Track To Be Oil Exporter

Let’s repeat that slowly so there’s no misunderstanding: "U.S. On Track To Be Oil Exporter." This was the headline of a report in the Dec. 19 issue of USA Today. According to the article, during the first quarters of 2011, we exported more oil than we imported. This means it’s highly likely that 2011 will be the first time in more than six decades that the United States will be a net exporter of petroleum products, the report said.