Who Sells the USA the most oil? SURPRISE !!!

February 2006 Import Highlights: Released on April 14, 2006

Preliminary monthly data on the origins of crude oil imports in February 2006 has been released and it shows that two countries have exported more than 1.7 million barrels per day to the United States. Including those countries, a total of five countries exported over 1.1 million barrels per day of crude oil to the United States.

The top sources of US crude oil imports for February were Mexico (1.774 million barrels per day), Canada (1.700 million barrels per day), Saudi Arabia (1.418 million barrels per day), Nigeria (1.342 million barrels per day), and Venezuela (1.175 million barrels per day).

The rest of the top ten sources, in order, were Angola (0.464 million barrels per day), Iraq (0.444 million barrels per day), Ecuador (0.222 million barrels per day), Brazil (0.164 million barrels per day), and Algeria (0.163 million barrels per day). Total crude oil imports averaged 9.860 million barrels per day in February, which is an increase of 0.147 million barrels per day from January 2006.

The top five exporting countries accounted for 75 percent of United States crude oil imports in February and the top ten sources accounted for approximately 90 percent of all U.S. crude oil imports.

Canada was the largest exporter of total petroleum products again this month averaging 2.249 million barrels per day to the United States which is a decrease from last month (2.311 million barrels per day).

The second largest exporter of total petroleum products again this month was Mexico (1.878 million barrels per day) which was an increase from last month (1.796 million barrels per day). Nigeria had a substantial increase in crude oil and total petroleum exports to the U.S. when compared to last months numbers.

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