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%
Liquefied Refinery Gases 3.6%
Asphalt and Road Oil 3.1%
Paving
Roofing
Waterproofing
Petrochemical Feedstocks 2.4%
|
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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