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Title: US oil-import dependency growing: but on whom, for what

Journal Article · · Energy Detente; (United States)
OSTI ID:7167172

During 1987, the US became more dependent on imports for its crude oil requirements. Price and marketing competition among exporters are the causes. A close scrutiny of latest statistics reveals greater US reliance on OPEC, Arab OPEC member countries, and lighter crude oils. These shifts also reflect greater US import reliance on the more-distant sources of supply -- producers with competitive production economics and increasingly competitive marketing operations. Would future higher crude oil prices reverse these developments. This issue also contains the following: (1) ED refining netback data for the US Gulf and West Coasts, Rotterdam, and Singapore, for late Feb. 1988; and (2) ED fuel price/tax series for countries of the Eastern Hemisphere, Feb. 1988 edition. In addition, tabular data are also included on US import volume and market share by county (both over and under 25/sup 0/ API), 1986 and 1987. 2 figures, 7 tables.

OSTI ID:
7167172
Journal Information:
Energy Detente; (United States), Vol. 9:3
Country of Publication:
United States
Language:
English