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U.S. Crude Oil Imports Top Crude Oil Exporters to U.S. and the Decline of OPEC and Russian Oil Exports to U.S. April 13, 2016 Producer: Ben Booker Edited.

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Presentation on theme: "U.S. Crude Oil Imports Top Crude Oil Exporters to U.S. and the Decline of OPEC and Russian Oil Exports to U.S. April 13, 2016 Producer: Ben Booker Edited."— Presentation transcript:

1 U.S. Crude Oil Imports Top Crude Oil Exporters to U.S. and the Decline of OPEC and Russian Oil Exports to U.S. April 13, 2016 Producer: Ben Booker Edited by: Katharine Conlon Director: Afzal Bari

2 U.S. Gets the Majority of Its Crude Oil From the Americas and the Middle East U.S. OIL IMPORTS April 13, 2016 | Ben Booker Source: Robert Rapier, “Where America Gets It Oil: The Top Foreign Suppliers of Crude to the U.S.,” Forbes, April 11, 2016 Top Countries U.S. Imports Crude Oil

3 Canada is the Top Crude Oil Supplier For the U.S., While Saudi Arabia is a Distant Second April 13, 2016 | Ben Booker Source: Robert Rapier, “Where America Gets Its Oil: The Top Foreign Suppliers of Crude to the U.S.,” Forbes, April 11, 2016. U.S. OIL IMPORTS Amount of Crude Oil Imported Measured in Barrels Per Day

4 Over Half of the U.S.’ Crude Oil Imports Came From Canada and Mexico April 13, 2016 | Ben Booker Source: Robert Rapier, “Where America Gets Its Oil: The Top Foreign Suppliers of Crude to the U.S.,” Forbes, April 11, 2016. U.S. OIL IMPORTS Percentage of Total U.S. Imported Oil Provided by Each Country

5 Saudi Arabia and Venezuela Provide the Majority of the U.S. Oil Imports From OPEC April 13, 2016 | Ben Booker Source: EIA, “U.S. Imports by Country of Origin,” April 4, 2016. U.S. OIL IMPORTS Amount of U.S. Crude Oil Imports From OPEC Countries* Measured in Barrels Per Day *Iran and Qatar do not import oil into the U.S.

6 OPEC’s Exports to U.S. Have Declined Following General Trend of Lower U.S. Oil Imports April 13, 2016 | Ben Booker Source: EIA, “U.S. Imports by Country of Origin,” April 4, 2016. U.S. OIL IMPORTS Amount of OPEC Crude Oil Imported Daily by U.S. Measured in Thousands of Barrels ■ Total U.S. Imports ■ U.S. Imports From OPEC

7 OPEC’s Share of U.S. Oil Imports Has Fallen From Nearly Half to a Little Over a Third April 13, 2016 | Ben Booker Source: EIA, “U.S. Imports by Country of Origin,” April 4, 2016. U.S. OIL IMPORTS Percentage of U.S. Crude Oil Imports That Came From OPEC

8 Russia’s Share of U.S. Oil Imports Have Fallen Precipitously in the Past Five Years April 13, 2016 | Ben Booker Source: EIA, “U.S. Imports by Country of Origin,” April 4, 2016. U.S. OIL IMPORTS Amount of Russian Crude Oil Imported Daily by U.S.


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