Friday, September 25, 2009

The U.S. imports 50% of the oil it consumes

Americans consume roughly 7.1 billion barrels of oil in 2009

U.S. Petroleum Consumption (2009)

19.5 million barrels per day


7.1 billion barrels per year,0,2829417.graphic,0,3884900.story

"The Westwood company revealed in July that it had found the equivalent of 150 million to 250 million barrels of oil and natural gas in an undisclosed part of Kern County using techniques that the oil company's executives would rather not talk about. It was California's biggest find in 35 years."

* Even if the company can bring above ground the total of 150-250 million barrels of oil (assuming the find is mostly oil) it is still an insignificant amount--15 to 25 days worth of oil, or 2 to 3.5% of our country's yearly consumption of oil.

* We still need to import 9.7 million barrels per day or 3.5 billion barrels per year.

Yes, we import half of our oil. And here are the top 15 countries exporting oil to the U.S.

#1 Canada

#2 Venezuela

#3 Mexico

#4 Saudi Arabia

#5 Nigeria

#6 Angola

#7 Iraq

#8 Russia

#9 Colombia

#10 Brazil

#11 Algeria

#12 Kuwait

#13 United Kingdom

#14 Ecuador

#15 Norway

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