Canada is No.1 Source for US Oil Import

October 16th, 2008

Source: US Government web site

http://www.eia.doe.gov/pub/oil_gas/petroleum/data_publications/company_level_imports/current/import.html

August 2008 Import Highlights: October 14, 2008
Preliminary monthly data on the origins of crude oil imports in August 2008 has been released and it shows that two countries exported more than 1.40 million barrels per day to the United States. Including those countries, five countries exported over 1.00 million barrels per day of crude oil to the United State s (see table below). The top five exporting countries accounted for 66 percent of United States crude oil imports in August while the top ten sources accounted for approximately 86 percent of all U.S. crude oil imports. The top sources of US crude oil imports for August were Canada (1.833 million barrels per day), Saudi Arabia (1.533 million barrels per day), Mexico (1.292 million barrels per day), Venezuela (1.146 million barrels per day), and Nigeria (1.035 million barrels per day). The rest of the top ten sources, in order, were Iraq (0.663 million barrels per day), Angola (0.483 million barrels per day), Algeria (0.348 million barrels per day), Ecuador (0.291 million barrels per day), and Colombia (0.247 million barrels per day). Total crude oil imports averaged 10.284 million barrels per day in August, which is an increase of (0.183) million barrels per day from July 2008.

Canada remained the largest exporter of total petroleum in August, exporting 2.198 million barrels per day to the United States, which is a decrease from last month (2.390 thousand barrels per day). The second largest exporter of total petroleum was Saudi Arabia with 1.573 million barrels per day.

Source: US Government web site

http://www.eia.doe.gov/pub/oil_gas/petroleum/data_publications/company_level_imports/current/import.html

Entry Filed under: Middle East, USA, World