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Crude Oil and Total Petroleum Imports
Top 15 Countries

May 2006 Import Highlights: Released on July 14, 2006

Preliminary monthly data on the origins of crude oil imports in May 2006 has been released and it shows that three countries have each exported more than 1.40 million barrels per day to the United States. Including those countries, a total of five countries exported over 1.00 million barrels per day of crude oil to the United States (see table below). The top five exporting countries accounted for 70 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 (1.877 million barrels per day), Mexico (1.576 million barrels per day), Saudi Arabia (1.457 million barrels per day), Venezuela (1.169 million barrels per day), and Nigeria (1.075 million barrels per day). The rest of the top ten sources, in order, were Iraq (0.666 million barrels per day), Angola (0.356 million barrels per day), Algeria (0.350 million barrels per day), Russia (0.255 million barrels per day), and Ecuador (0.239 million barrels per day). Total crude oil imports averaged 10.234 million barrels per day in May, which is an increase of 0.402 million barrels per day from April 2006.

Canada remained the largest exporter of total petroleum products in May, exporting 2.319 million barrels per day to the United States. The second largest exporter of total petroleum products was Mexico (1.710 million barrels per day) which had a slight decrease from last month of 0.040 million barrels per day.

Crude Oil Imports (Top 15 Countries)
(Thousand Barrels per Day)

Country May-06 Apr-06 YTD 2006 May-05 Jan - May 2005

CANADA

MEXICO

SAUDI ARABIA

VENEZUELA

NIGERIA

IRAQ

ANGOLA

ALGERIA

RUSSIA

ECUADOR

KUWAIT

COLOMBIA

UNITED KINGDOM

NORWAY

BRAZIL

1,877

1,576

1,457

1,169

1,075

666

356

350

255

239

220

185

174

98

96

1,710

1,601

1,582

1,171

1,022

531

389

256

0

312

225

149

169

74

111

1,757

1,668

1,422

1,186

1,134

533

427

259

67

279

156

160

122

86

110

1,722

1,748

1,430

1,273

1,111

588

341

152

185

238

213

116

194

117

115

1,586

1,559

1,512

1,336

1,046

536

436

175

280

289

186

126

219

128

54

The chart below shows the total amount of petroleum products imported into the US. This includes both crude oil and refined or finished fuel and oil products. The difference in the two numbers relates to the lack of refining capacity in the United States. This is important because we pay a much higher price to import refined product and its negative implications with regards to fuel supply.

Total Imports of Petroleum (Top 15 Countries)
(Thousand Barrels per Day)

Country May-06 Apr-06 YTD 2006 May-05 Jan - May 2005

CANADA

MEXICO

SAUDI ARABIA

VENEZUELA

NIGERIA

IRAQ

ALGERIA

RUSSIA

VIRGIN ISLANDS

ANGOLA

UNITED KINGDOM

NETHERLANDS

ECUADOR

KUWAIT

COLOMBIA

2,319

1,710

1,490

1,470

1,189

666

643

616

373

368

349

259

246

226

176

2,238

1,750

1,595

1,393

1,098

531

543

218

239

419

315

161

319

225

176

2,277

1,785

1,453

1,482

1,207

533

552

317

301

443

272

178

285

160

183

2,188

1,826

1,526

1,574

1,214

588

449

325

367

353

345

178

238

219

176

2,123

1,640

1,573

1,582

1,134

536

431

445

327

446

361

109

294

196

161

Note: The data in the tables above exclude oil imports into the U.S. territories.

Information is from US EIA - US Energy Information Administration
http://www.eia.doe.gov/pub/oil_gas/petroleum/data_publications/
company_level_imports/current/import.html

What do you get from a barrel of Crude Oil
(42 US gallons)

Gasoline (Motor Fuel) 45.0%

Distillate Fuel Oil 25.6%

  • Home Heating Oil

  • Diesel Fuel

  • Refinery Fuels

  • Industrial Fuels

Kerosene Jet Fuel 9.8%

Petroleum Coke 5.5%

  • Carbon Electrodes

  • Coke (fuel)

Still Gas (refinery fuel) 4.4%

Residual Fuel Oils 4.3%

  • Boiler fuels

  • Refinery fuels

  • Bunker Fuels

  • IFO's (Industrial Fuel Oils)

  • MFO's (Marine Fuel Oils)

  • Wood preservatives

Liquefied Refinery Gases 3.6%

  • Petrochemical Feedstocks

  • Heating

  • Cooking

  • Synthetic materials (rubber)

Asphalt and Road Oil 3.1%

  • Paving

  • Roofing

  • Waterproofing

Petrochemical Feedstocks 2.4%

  • Alcohols (not for consumption)

  • Resins

  • Fibers

  • Medicines

  • Cosmetics

  • Plastics

  • Detergents

Lubricants 1.1%

  • Motor Oil

  • Lubricating Oils

  • Transmission Oils

  • Household Oils

  • Spindle Oils

  • Greases

Kerosene .05%

  • Illumination

  • Space Heating

  • Cooking

  • Motor Fuel

Special Naphtha's 0.2%

Aviation Gasoline 0.1%

Waxes .01%

  • Fruits

  • Vegetables

  • Candy

  • Chewing Gum

  • Candles

  • Matches

  • Crayons

  • Pencils

  • Sealing Wax

  • Canning Wax

Miscellaneous Products 0.4%

  • Specialty oils

  • Machinery oils

  • Petroleum jelly

  • Acids

  • Fertilizers

  • Ointments

  • Food processing

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