US Crude Oil and Total Petroleum Imports

US Crude Oil and Total Petroleum Imports

Official oil import statistics are published by the US Government at their Energy Information Administration website. The following information is from the official government site.

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May 2008 Import Highlights: July 14, 2008

Preliminary monthly data on the origins of crude oil imports in May 2008 has been released and it shows that two countries exported more than 1.50 million barrels per day to the United States. Including those countries, a total of two countries exported over 1.20 million barrels per day of crude oil to the United States (see table below). The top five exporting countries accounted for 66 percent of United States crude oil imports in May while the top ten sources accounted for approximately 88 percent of all U.S. crude oil imports. The top sources of US crude oil imports for May were Canada (1.840 million barrels per day), Saudi Arabia (1.579 million barrels per day), Mexico (1.116 million barrels per day), Venezuela (1.030 million barrels per day), and Nigeria (0.851 million barrels per day). The rest of the top ten sources, in order, were Iraq (0.583 million barrels per day), Angola (0.464 million barrels per day), Algeria (0.440 million barrels per day), Brazil (0.318 million barrels per day), and Kuwait (0.263 million barrels per day). Total crude oil imports averaged 9.657 million barrels per day in May, which is a decrease of (0.264) million barrels per day from April 2008. Total crude imports for May include 0.033 million barrels per day for Strategic Petroleum Reserves (SPR).

Canada remained the largest exporter of total petroleum in May, exporting 2.265 million barrels per day to the United States, which is a decrease from last month (2.534 thousand barrels per day). The second largest exporter of total petroleum was Saudi Arabia with 1.604 million barrels per day.

To see the tables go to the US Government Energy Administration website.

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Posted in Crude OIl Imports on Jul 20th, 2008, 7:53 pm by taipan   

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