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Title: Venezuela No. 1 oil import source in S. America

Journal Article · · Oil and Gas Journal; (United States)
OSTI ID:7112835

This paper reports that with the exception of Venezuela, the U.S. is likely to import much oil from South American countries through 2010, the General Accounting Office reports. GAO, a congressional watchdog agency, noted the U.S. imports about 4% of its oil from Colombia, Ecuador, and Trinidad and Tobago and possibly could import from Argentina, Bolivia, Brazil, Chile, and Peru in the future. It the the eight countries' crude oil reserves are expected to increase about 30% by 2000, then slide about 2% by 2010. Their oil production is expected to climb about 21% over 1990 by 2000, then level off until 2010.

OSTI ID:
7112835
Journal Information:
Oil and Gas Journal; (United States), Vol. 90:32; ISSN 0030-1388
Country of Publication:
United States
Language:
English