U. S. oil imports: reliance on American neighbors

Journal Article · Wed Nov 23 04:00:00 EST 1983 · Energy Detente; (United States)

OSTI ID:6705756

U.S. reliance on other American nations for crude oil imports has nearly doubled in less than two years. In 1981, 23% of U.S. crude imports came from Western Hemisphere sources; today, 44% do. For total petroleum imports (crude and refined products combined), that percentage for the Western Hemisphere was 38%, rising to 56% in 1983 to date. In fact, the top three petroleum suppliers to the United States (crude and refine products combined) are Western Hemisphere neighbors: Mexico, Canada, and Venezuela, in that order. This represents a dramatic shift to the West since 1981, when Saudi Arabia was the U.S.'s most important source of foreign crude, and Nigeria second. By 1982, Saudi Arabia was bumped to second place by Mexico, and Nigeria came in third. Since 1982, reliance on members of OPEC has been reduced: about 49.75 of the crude imports came from OPEC suppliers last year, compared to 40.8% for the first eight months of 1983. Furthermore, U.S. reliance on Arab OPEC members has been reduced from 21% of total crude oil imports in 1982 to just 13% in 1983. This issue of Energy Dentente includes the fuel price/tol series and the industrial fuel prices for November 1983 for countries for the Western Hemisphere.

• OSTI ID: 6705756
• Journal Information: Energy Detente; (United States), Journal Name: Energy Detente; (United States) Vol. 4:22; ISSN EDETD
• Country of Publication: United States
• Language: Spanish

Related Subjects

02 PETROLEUM
020700* -- Petroleum-- Economics
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292000 -- Energy Planning & Policy-- Supply
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CANADA
CARBONACEOUS MATERIALS
COAL
DATA
DEVELOPING COUNTRIES
ENERGY SOURCES
FLUIDS
FOSSIL FUELS
FUEL GAS
FUELS
GAS FUELS
GASES
IMPORTS
INDUSTRY
INFORMATION
INTERNATIONAL ORGANIZATIONS
LATIN AMERICA
MATERIALS
MEXICO
NATURAL GAS
NORTH AMERICA
NUMERICAL DATA
OIL-EXPORTING COUNTRIES
OPEC
PETROLEUM
PETROLEUM INDUSTRY
PETROLEUM PRODUCTS
PRICES
SOUTH AMERICA
STATISTICAL DATA
TAXES
USA
VENEZUELA