US petroleum product import market, stratified

Journal Article · Wed Dec 07 04:00:00 EST 1983 · Energy Detente; (United States)

OSTI ID:5413653

US imports of refined petroleum products now account for about one barrel out of every ten consumed. In 1973, they accounted for almost two of every ten. Since 1973, the time of worldwide awakening to national vulnerabilities to petroleum supply disruptions, crude oil imports have fallen 5.5% to less than 3.1-million barrels per day (b/d); but refined product imports have fallen 48.2% over the same period. Those percentages are of volumes. But since demand for petroleum has fallen during the period, the degree of dependency on imports is the more relevant point for comparison: in 1973, the US depended on imports for 26.1% of its crude oil needs; in 1983 (first eight months), it was 26.6%. Imports supplied 17.4% of total needs in 1973, and that dependency has been diminished steadily to 10.5% in 1983. The reliance of the US upon product imports, however lesser than on crude oil (due to abundance of refining capacity at home), is of interest to foreign suppliers competing for that shrunken market. This issue examines US import market shares by country by principal product. This issue also presents the Energy Detente fuel price/tax series and the principal industrial fuel prices for December 1983 for countries of the Eastern Hemisphere.

• OSTI ID: 5413653
• Journal Information: Energy Detente; (United States), Journal Name: Energy Detente; (United States) Vol. 4:23; ISSN EDETD
• Country of Publication: United States
• Language: English

Related Subjects

02 PETROLEUM
020500* -- Petroleum-- Products & By-Products
020700 -- Petroleum-- Economics
Industrial
& Business Aspects
29 ENERGY PLANNING, POLICY, AND ECONOMY
294002 -- Energy Planning & Policy-- Petroleum
CARBONACEOUS MATERIALS
COAL
DATA
ENERGY SOURCES
FLUIDS
FOSSIL FUELS
FUEL GAS
FUELS
GAS FUELS
GASES
IMPORTS
INDUSTRY
INFORMATION
MATERIALS
NATURAL GAS
NORTH AMERICA
NUMERICAL DATA
PETROLEUM
PETROLEUM PRODUCTS
PRICES
STATISTICAL DATA
TAXES
USA