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Ferrets are Cool

(22,485 posts)

6. Yeah, I thought we were importing more from them than we are

Reply to erronis (Reply #5)

Sun Feb 28, 2021, 09:49 PM

Feb 2021

Since 1977, the share of U.S. total petroleum and crude oil imports from OPEC has generally declined. In 2019, OPEC's share of U.S. total petroleum imports was about 18%, and its share of U.S. crude oil imports was 22%. Saudi Arabia, the largest OPEC exporter, was the source of 6% of U.S. total petroleum imports and 7% of U.S. crude oil imports. Saudi Arabia is also the largest source of U.S. petroleum imports from Persian Gulf countries. About 11% of U.S. total petroleum imports and 13% of U.S. crude oil imports were from Persian Gulf countries in 2019.

We still export a LOT of that shale oil.

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Yeah, that is a hard line to edge along. efhmc Feb 2021 #1

Did You Ever Get The Feeling, mezame Feb 2021 #2

"the Saudi's seem to have another hold on the U.S somehow?" Ferrets are Cool Feb 2021 #3

And don't forget they are a huge customer Mr.Bill Feb 2021 #4

But I thought we had removed that dependency via shale oil and, hopefully erronis Feb 2021 #5

Yeah, I thought we were importing more from them than we are Ferrets are Cool Feb 2021 #6