RSSTop 15 Oil Exporting Nations to U.S. – 2006
In 2006, the United States obtained approximately 31% of its imported oil requirements from Canada and Mexico. Another 21% came from Saudi Arabia and Venezuela, combined. The remaining 49% came from 81 oil exporting countries around the world.
Note: The difference in the number of barrels per day between this chart (13.707 million) and another chart in this series (12.357 million) is that this chart includes oil imported to the United States that was added to the Strategic Petroleum Reserve during the year.
Note: Data for the year 2006 is used in many of the charts in this series because it represents the latest year for which the U.S. Department of Energy has collected a complete set of information for all of the oil producing and consuming countries of the world. This provides the data that is used to accurately rank the countries in many categories. The DOE has not yet finished collecting all of the data from 2007. As a result, updated rankings for 2007 are not yet available. As can be seen in other charts in this section, sufficient data is available in some cases to produce accurate charts for the year 2007 and the year 2008 to date.
Note: There is an apparent discrepancy between the amount of oil imported from Canada on this chart (2.353 million barrels per day) and another chart in this section that lists the top 15 net oil exporting nations. On that chart, Canada is not listed as one of the top fifteen oil exporting nations, even though the fifteenth nation exported only 1.145 million barrels per day in 2006. This situation is explained by the fact that Canada imports some oil and petroleum products. After these imports are taken into account, Canada has enough oil left to export a sizeable amount to the United States. In 2006, Canada was the 16th largest net exporter of oil.
2 Responses to “Top 15 Oil Exporting Nations to U.S. – 2006”
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August 11th, 2008 at 10:32 pm
Ross Perot told Rita Cosby that the USA is dependant on the Middle East for oil and we are sending our oil dollars to them. This is true but it implies that we are spending most of our money there instead of only 14 percent. We depend more on China. China has purchased the USA’s ability to manufacture magnets that our smart bombs depend on for gyroscopes and they also control many other manufactured parts. Shouldn’t we stop selling America to the highest bidder?
In 2006, the USA imported 13.707 million barrels of oil per day or $700 billion per year at $140 per barrel. Of that amount Canada got $120.2 billion; Mexico got $87.1 billion; Saudi Arabia got $74.8 billion; Iraq got $28.3 billion; United Arab Emirates got $13.9 billion and Kuwait got $9.5 billion. This means the middle east countries get $98.2 billion out of $700 billion or 14.1 percent of our oil dollars.
In 2004, the USA imported $196.7 billion of goods from China.
September 20th, 2008 at 11:45 am
On this chart, between Russia and Ecuador, is a partial listing – Virgin… 0.328. This may be a reference to the Virgin Islands. If it is then it skews the figures. The Hovensa refinery on St. Croix (USVI) is jointly owned by Amerada Hess Corp. and PDVSA, the national oil company of Venezuela. The Hovensa website (www.hess.com/rm/refining.htm) refers to the facility as follows: “HOVENSA, a joint venture between a subsidiary of Hess Corporation and a subsidiary of Petroleos de Venezuela, S.A. (PDVSA) operates a world-class merchant refinery in St Croix, USVI. The facility is one of the most modern refineries in the United States and, with crude oil processing capacity of 495,000 barrels per day (BPD), is one of the largest in the world.
The refinery is strategically located to serve gasoline and heating oil markets in both the U.S. Gulf Coast and along the eastern seaboard, providing a ready market for finished products. The refinery is capable of receiving and processing crudes from all over the world, although the majority of crude is supplied from Venezuela.”
This is Venezuelan crude, close to 100%. If the 0.328 million barrels were added to the 1.419 million barrels listed as Venezuela’s exports to the U.S. it would make Venezuela the 2nd largest exporter of oil to the U.S at 1.747 million barrels. Given the current stormy relationship with Venezuela the supply of Venezuelan crude to the Hovensa refinery and the subsequent exports of refined product to the U.S. should be cause for concern. PDVSA seems to be anything but a stable partner. Venezuela’s energy minister and head of PDVSA, Rafael Ramírez, gained attention when he told state oil workers to back President Hugo Chávez or leave their jobs. He also said: “PDVSA is red, red from top to bottom (…) – PDVSA es roja, rojita de arriba a abajo (…)” (Red being the color identified with Chávez’s political party). The opposition said it is illegal for the government to exhort workers to secure Chávez’s re-election in the 3 December 2006 elections. Chávez defended Ramírez arguing that public workers should back up the “revolution”. He also said that “PDVSA’s workers are with this revolution, and those who aren’t should go somewhere else. Go to Miami”. Furthermore, Chávez stated that Ramírez should give the same speech to oil workers 100 times a day. Of course Venezuela needs the income from those exports to survive but could they not easily find a willing taker for their crude elsewhere in the world?