Aug 2, 2010

Top U.S. Oil supplier threatens to halt US oil exports, again

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The United States imports 9 to 12 million barrels of oil per day.HTML clipboard

The top seven countries on the following list account for more than $140 billion worth of oil every year:

  • Canada's exports 1,938,000 barrels per day to the U.S. are worth more than $37 billion and account for 16 % of the total trade between the two countries. -  EIA.
  • Mexico sends more than 1,096,000 barrels per day to the U.S.,  worth over $22 billion. -EIA.
  • Saudia Arabia's economy is fueled by selling 989,000 barrels per day to the U.S. which accounts for 90% of the kingdom's export revenues. - EIA
  • Venezuela (Chavez threatens to halt US oil exports, again) sends the U.S. 965,000 barrels per day with an economy heavily reliant on oil for 90% of the country's export revenue.
  • Nigeria exports 771,000 barrels per day to the U.S. - EIA
  • Angola exports 449,000 barrels per day to the U.S., worth around $9 billion (EIA)...due to unrest in Nigeria, Angola surpassed Nigeria as the largest oil producer in Africa.
  • Iraq 448,000 barrels per day, worth over $9 billion  (EIA). This makes the U.S. Iraq's number one oil export partner.
Haase - Sorry, I guess it's my blogs annual 'oil day update'