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Politics : President Barack Obama -- Ignore unavailable to you. Want to Upgrade?


To: RetiredNow who wrote (17160)4/11/2008 12:59:40 AM
From: Bread Upon The Water  Read Replies (1) | Respond to of 149317
 
If Iraq withheld its oil from world markets, even though its production represents only 2% of the total, prices would rapidl
ly go up as supply is so tight right now. Hence Americans would be paying more for it even though he oil would be coming from someplace else.



To: RetiredNow who wrote (17160)4/11/2008 4:46:29 AM
From: Wharf Rat  Respond to of 149317
 
January 2008 Import Highlights: March 28, 2008
Monthly data on the origins of crude oil imports in January 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 five 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 69 percent of United States crude oil imports in January while the top ten sources accounted for approximately 89 percent of all U.S. crude oil imports. The top sources of US crude oil imports for January were Canada (1.944 million barrels per day), Saudi Arabia (1.479 million barrels per day), Mexico (1.198 million barrels per day), Nigeria (1.163 million barrels per day), and Venezuela (1.135 million barrels per day). The rest of the top ten sources, in order, were Angola (0.566 million barrels per day), Iraq (0.543 million barrels per day), Algeria (0.366 million barrels per day), Ecuador (0.247 million barrels per day), and Kuwait (0.239 million barrels per day). Total crude oil imports averaged 10 million barrels per day in January, which is a increase of 0.177 million barrels per day from December 2007.

eia.doe.gov