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Thanks to the exhaustive work of our Yahoo! Full Coverage news surfers, we were able to strike oil in no time. We drilled down the Full Coverage category for Oil and Gas and quickly located this May 2003 chart from the American Petroleum Institute web site. The top five crude oil imports from foreign countries to the U.S. for May breaks down as follows: - 17.8% from Saudi Arabia
- 16.5% from Canada
- 12.8% from Venezuela
- 12.0% from Mexico
- 7.5% from Nigeria
From January to May of 2003, the U.S. received 42.8% of its imported oil from OPEC nations and 23.5% from Persian Gulf countries. During that timeframe, Canada
was the top exporter to the U.S., supplying 16.9% of our oil. And while that is a substantial percentage (and one surprising to many folks), it's not quite the 60% you mentioned. This petroleum overview from the U.S. Department of Energy provides weekly, monthly, and annual reports of crude oil imports and exports broken down by regional usage. For detailed, country-by-country analysis of world oil producers, including Canada, the Energy Information Administration site is an excellent resource.
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