Register

Peak Oil is You


Donate Bitcoins ;-) or Paypal :-)


Page added on May 27, 2017

Bookmark and Share

The Top 10 Nations Exporting Oil To The U.S.

Consumption Petrobras Platform

U.S. has brought crude oil from 80 nations into its refineries

In the past 30 years, the U.S. has imported more than 91 billion barrels of oil, drawing from a large variety of sources.

The EIA began carefully tracking American oil imports in 1986, meaning there is now a significant amount of historical data. From 1986 to 2016 the U.S. imported 91.2 billion barrels of crude oil, in just under 244,000 individual records.

In total, the EIA lists 80 different countries from which the U.S. has imported crude oil.

The top ten countries are listed below by oil volume. These ten represent 86 percent of all imports in the last thirty years.

(Click to enlarge)

Source: EnerCom Analytics

U.S. has bought 17.3 billion barrels from Canada

Canada has provided the most oil to the U.S.—a total of 17.3 billion barrels since 1986. Imports from Canada have been growing steadily, powered primarily by oil sand production. The country has been main source of imported oil for the U.S. since 2004, and has grown significantly since then. The U.S. imported more than 3,250 MBOPD from Canada last year, nearly triple the volume imported from Saudi Arabia.

Saudi Arabia is No. 2 U.S. oil provider at 14.5 billion barrels

Saudi Arabia has sent the U.S. more than 14.5 billion barrels of oil since 1986. It’s the U.S.’s second-largest oil source. Imports from the OPEC leader are falling however, gradually declining from the peak 1,726 MBOPD America received in 2003. In 2016, the U.S. imported 1,097 MBOPD from the kingdom, making it our current second-largest oil source.

Mexico is No. 3 at 12.1 billion barrels

Perhaps more surprising is third place: Mexico. At 12.1 billion total barrels, Mexico was actually the primary import partner of the U.S. back in 1986, and has always been in the top five sources. Production from the country has been declining in recent years however, and lower supply combined with growth in U.S. shale production mean Mexican oil exports to the U.S. have been decreasing. Current export rates are down nearly two thirds from their peak in 2004.

Venezuela has sold the U.S. 11.9 billion barrels, the fourth largest source of crude oil

Despite occasionally rocky relationships with the U.S., Venezuela has been America’s fourth-largest source of oil since 1986. The heavy oil producer has provided the U.S. with about 11.9 billion barrels of oil over the last thirty years. In 1996 and 1997 Venezuela ranked first among America’s oil import partners. Like Mexico, however, imports from Venezuela are currently declining. Venezuela’s current economic troubles and unrest will likely push imports down further.

Shale production forces out Nigerian oil, the U.S.’s fifth largest crude source at 7.8 billion barrels

Rounding out the top five is Nigeria, which was once the second-largest provider of oil to the U.S. The African nation has sent the U.S. about 7.8 billion barrels of oil in the last three decades. Imports from Nigeria are typically lighter crude, similar in grade to the oil produced in U.S. shale operations. The shale boom quickly forced Nigeria out of the U.S. market, as unconventional crude flooded the market. In 2010, the U.S. imported 983 MBOPD of oil from Nigeria. Only four years later, though, this value had fallen to merely 58 MBOPD, a drop of 94 percent. This situation is not likely to change any time soon, as U.S. shale is projected to grow significantly in 2017.

North Sea production in decline

Iraq, Angola, Colombia, Kuwait and the UK represent the 6th through 10th largest sources of oil for the U.S. Of these, the UK has seen the largest change in production. Imports from the North Sea, or the UK and Norway combined, were once a major source of oil for the U.S. In 2002, the two countries exported 753 MBOPD of oil to the U.S. Like many other oil trade partners of the U.S., however, declining production has sharply decreased imports. In 2014, the U.S. imported only 19 MBOPD from the UK and Norway, representing a decline of 97 percent.

(Click to enlarge)

Source: EnerCom Analytics

Several unexpected nations

The list of sources of oil for the U.S. also includes several countries that might be surprising.

Trinidad and Tobago ranks relatively high in volume delivered to the U.S. due to a quirk in regulations. Many American ports are too small to accommodate the largest supertankers that are most economic to transfer oil over long distances. To get around this, it is common to offload large tankers onto smaller ships, which then take the oil to the port. In such situations, the country in which the large tanker is flagged is often recorded as the source of the oil. Related: Is The U.S. Getting Left Behind In The Renewable Race?

Trinidad and Tobago is a popular country to register vessels, inflating its ranking as an oil trade partner.

(Click to enlarge)

Source: EIA

Sweden is another unexpected import partner, but the Scandinavian nation has sent the U.S. 266,000 barrels of oil. Kyrgyzstan, a landlocked nation in the heart of Asia, has provided the U.S. with 601,000 barrels of oil despite being more than 1,000 miles from any ocean.

Ra’s Al Khaymah and Ajman are two sources of oil on the DOE import roster. Both are individual emirates in the UAE.

Perhaps the oddest source of oil is listed as “Neutral Zone.” This most likely refers to the Saudi-Kuwaiti neutral zone, the southern section of Kuwait. The U.S. received 3.3 million barrels from this area in early 1988.

This article is second in a series looking at the volume and nature of oil imported by the U.S. and the impact of U.S. shale on the dynamics of the industry. In follow-up stories, we will examine imports from OPEC members specifically.

By Oil and Gas 360

oilprice.com



12 Comments on "The Top 10 Nations Exporting Oil To The U.S."

  1. rockman on Sat, 27th May 2017 2:46 pm 

    And to balance the story: as of Feb the US was exporting back almost 2.4 BILLION BBLS per year in the form of refinery products and oil.

    The top destinations were:

    #1 – Mexico
    #2 – Canada
    #3 – China
    #4 – Japan
    #5 – Netherlands
    #6 – Brazil
    #7 – India

    Yes: Mexico ceased being a net energy importer more then a year ago.

  2. coffeeguyzz on Sat, 27th May 2017 3:54 pm 

    20 years ago, only 12% of the oil heading to California refineries came from overseas.
    For the past five, percentage is over 50% and rising.
    Sources include Ecuador, Brazil, Angola and Columbia.
    This, despite having huge hydrocarbon resources within state boundaries.

  3. Anonymouse on Sat, 27th May 2017 5:12 pm 

    Here another useful chart

    1 Canada – uS energy\resource colony
    2 Saudi Arabia – uS energy colony
    3 Mexico – uS energy\slave labor colony
    4 Venezuela – Currently under siege by amerikan empire
    5 Nigeria – uS\allied shared energy colony
    6 Iraq – failed state\ uS destabilized energy colony. Oil resources largely under uS control
    7 Angola – Nominally free of uS meddling?
    8 Occupied by uS forces – illicit drug\energy colony of the amerikan empire
    9 Kuwait – uS energy colony\military bases
    10. Britain – FOB\European colony of amerikan empire + some energy extraction.(while it lasts).

  4. Anonymouse on Sat, 27th May 2017 6:18 pm 

    Uh, rockerman, if you use the numbers given, 30 years, 91 billion barrels, that works out to 3.03 billion barrels a year (averaged).

    Then along comes you, claiming the uS is EXPOERTING 2.4b a year back out again.

    Or put another way, the uS is only keeping 21% of that oil per year for its own use, and is selflessly exporting 79% of it back out again. But that is not an accurate statement of reality, though you might think it is if you take rockermans statistics(tm) at face value.

    Presumably, of coruse, the uS was not exporting 2.4 billion barrels back out to 30 years ago, obviously less. In order to make your little deflection reflect reality, you should have said something like;

    ‘But yea, the uS kindly sold back x billion barrels of refined product back to the people it stole the crude from in the first place’.

    Not > 2.4 billion barrels a year. Something about lies, damn lies, and rockermans statistics comes to mind here. Might want to go back to drawing board and try comparing apples to apples this time.

  5. Apneaman on Sat, 27th May 2017 6:46 pm 

    Trump’s bid to open U.S. monuments to development draws calls for protection

    https://www.reuters.com/article/us-usa-interior-bearsears-idUSKBN18M2M1

    Trump heard a rumor from one of his retard advisors that there is oil in the heads of the dead presidents at Mount Rushmore. He’s writing up a special law to give rockman permission to go and frack the fuck out of the dead heads. rockman gonna frack N crack them skulls wide open, because that’s what the consumers want.

  6. Go Speed Racer on Sat, 27th May 2017 9:25 pm 

    Well SleepApnea Man, things have been changing
    over at Mount Rushmore already.

    It was during the first 100 days of Trump
    administration:
    https://www.jimrussek.com/?lightbox=dataItem-iqi4w94g

  7. rockman on Sun, 28th May 2017 12:30 am 

    “Then along comes you, claiming the uS is EXPOERTING 2.4b a year back out again.” Not a lie, you lazy scum bag. LOL. Here, I’ve done the heavy lifting for you. I didn’t claim sh*t: your govt did…go bust their balls. LOL.

    https://www.eia.gov/dnav/pet/pet_move_exp_dc_NUS-Z00_mbblpd_m.htm

    As of Feb the EIA reports 6,443,000 bbls per day of refinery products and oil exported that month. Which works out to be a rate of 2.35 BILLIONS BBLS PER YEAR.

    Are you really clueless to the fact that the US exports more refinery products then any other country? If so I fear you’ve been wasting your time here if you so ignorant of such a basic fundamental of the oil dynamic.
    Below are the 15 countries that exported the highest dollar value worth of refined oil during 2015:

    United States: $74.7 billion
    Russia: $65.6 billion
    Singapore: $42.1 billion
    Netherlands: $41.9 billion
    South Korea: $30.7 billion
    India: $30.5 billion
    Belgium: $24.7 billion
    Saudi Arabia: $24.1 billion
    China: $19.1 billion
    United Arab Emirates: $15.4 billion
    Italy: $13.1 billion
    Kuwait: $13 billion
    Germany: $12.4 billion
    United Kingdom: $11.5 billion
    Canada: $11.4 billion

    Data from:

    http://www.worldstopexports.com/refined-oil-exports-by-country/

  8. Anonymouse on Sun, 28th May 2017 1:41 am 

    So the articles premise rockerman, is the amerikan empire has stolen 91 billion barrels of oil, at least from the 10 countries listed.

    How much did it actually keep for its own use over those 30 years. Its certainly didnt ‘give back; 79% of it, in the form of ‘refined whatevers’ now did it?

    You see we are missing that number, it was never provided. Oilproparanda.com didnt think to include it, or did not deem it important or particularly relevant to the article. But, in order to follow your rejoinder to its conclusion, we would need to know that, right?

    As an example, uS expropriates 91 billion barrels from its colonies, send back (x) > Net to amerikan empire and fuel its nascars and tractor pulls = …what? (Still not known), but sure as hell isnt 80% exported.

    And, despite your spirited reply, you still havent done any ‘lifting’ at all, much less anything heavy. Dollars dont mean squat in this context, billions of barrels are what is being talked about, and, how much the empire has kept for itself over the last 30 years.

    So you are still comparing apples to not-apples.Except this time, the goal posts shifted to uS toilet paper.

    Maybe if you ask oilpropaganda.com nicely, they can provide those numbers for the last 30 years as well. Not just net imports, but net exports as well. You know, carbon in, carbon out. Not carbon in, dollars out. Not helpful. Who gives a fig about uS dollars?

  9. rockman on Sun, 28th May 2017 6:33 am 

    A – “How much did it actually keep for its own use over those 30 years…You see we are missing that number, it was never provided.” Ah, my sweet lazy scum bag. LOL. Even when I spoon feed you the data you claim you weren’t given you’re still to lazy to look at it. So open wide, sweetie pie, here comes another dose of reality shoved down your throat:

    https://www.eia.gov/dnav/pet/pet_move_exp_dc_NUS-Z00_mbblpd_m.htm

    And if you’re still too f*cking lazy to click the link here are some of the numbers you would find there for total US oil and refinery product exports.

    1973 – 84 million bbls
    1983 – 270 million bbls
    1993 – 365 million bbls
    2003 – 375 million bbls
    2013 – 1.32 BILLION BBLS
    2016 – 1.89 BILLION BBLS

    And our refineries made a nice profit on every bbl exported. Which, in case you weren’t aware, is why refineries exist in the first placer. LOL.

  10. Davy on Sun, 28th May 2017 6:39 am 

    “Who gives a fig about uS dollars?”

    Better than a loony loonie tune whose banks are close to a run. I guess we will be bailing you guys out soon too. That’s when you will care about the US dollar.

  11. makati1 on Sun, 28th May 2017 9:41 am 

    The U$ Dollar is backed by massive debt. The sooner it loses it’s power, the better for the rest of us. I’m ready for that day, are you? lol

  12. Anonymouse on Sun, 28th May 2017 2:25 pm 

    Since you have rather large comprehension problem(willfully I suspect, but with you amerikans its so hard to tell at times-see davy for numerous examples), here it is one more time:

    How much of that 91 billion barrels stolen from those 10 nations stayed in the uS since 1987?

    Simple no? Like I said, if you dont know, dont want to say, or cant, just ask Oilpropaganda.com to do it for you. They might.

    Or maybe not, the results might poke a hole in your amerika-provides-oil-for-the-world fable you try to spin from time to time.

Leave a Reply

Your email address will not be published. Required fields are marked *