NationStates Jolt Archive

What country is the US's top suplier in oil?

Saudi arabia, or canada, im guessing...Probly not canada, but I know they got alot...

well since you were first to respond.

Top Oil Suppliers to the United States:
1) Canada
2) Venezuala
3) Mexico
4) Saudi Arabia

only 8% of US oil comes from Saudi Arabia...

Why would we need to go half way around the world to get Oil when there is plenty here in the Western Hemisphere?

Yay, I was right :P

Impressive.. Guarantee 90% of all people think its Saudi Arabia

Impressive.. Guarantee 90% of all people think its Saudi Arabia

I would have actually said the US itself - is it included in the list, or is it just external suppliers?

actually all the fossil oil ran out in the 70s...

now we make it in secret factories...



out of...




people... damn it.... oil is people!!!!!!!!!!!!!!!

Why would we need to go half way around the world to get Oil when there is plenty here in the Western Hemisphere?

Ah, but there isn't plenty. Just some. Besides if we use their oil first, ours will last longer. At least, that's what they tell me.

Canada is sitting on the world's largest oil reserves. It's just cheaper to extract it from the middle east. It costs almost $18 at present to extract a barrel from the Alberta sands. However there is new technology being worked on at present to change that. The oil Canada sells the USA now doesn't even come from the oil reserves. No one had more then Canada.

http://www.gasandoil.com/goc/news/ntn20664.htm

DOn't forget that most of what Suadi Arabia is producing these days is sour crude (high sulphur content) and most US refineries aren't set up to process sour crude. But if other countries buy Saudi crude, then the price on the world market goes down and the US can buy Venuzualan or Canadian crude cheaper . . .

Actually the largest supplier to the US is not Canada, but the US (about 5 times as much as Canada).

DOn't forget that most of what Suadi Arabia is producing these days is sour crude (high sulphur content) and most US refineries aren't set up to process sour crude. But if other countries buy Saudi crude, then the price on the world market goes down and the US can buy Venuzualan or Canadian crude cheaper . . .

Actually the largest supplier to the US is not Canada, but the US (about 5 times as much as Canada).

Could be right.. I just know you import the most from Canada and that Canada as a whole has more oil then the USA. But when it only takes the Saudi's $2 to produce a barrel of oil and it would take us $10-18 to get at the sands.. well it's just not cost effective right now. But we are working on it.

Could be right.. I just know you import the most from Canada and that Canada as a whole has more oil then the USA. But when it only takes the Saudi's $2 to produce a barrel of oil and it would take us $10-18 to get at the sands.. well it's just not cost effective right now. But we are working on it.

You'd best keep that to yourself, or else Bush will come for you next.

According to the DOE, it's:

Canada
SA
Mexico
Ven

http://www.eia.doe.gov/pub/oil_gas/petroleum/data_publications/petroleum_supply_monthly/current/pdf/table35.pdf

Venezuala:
http://www.eia.doe.gov/pub/oil_gas/petroleum/feature_articles/2003/venezuelan/vzimpacts.htm

Canada is sitting on the world's largest oil reserves. It's just cheaper to extract it from the middle east. It costs almost $18 at present to extract a barrel from the Alberta sands. However there is new technology being worked on at present to change that. The oil Canada sells the USA now doesn't even come from the oil reserves. No one had more then Canada.

http://www.gasandoil.com/goc/news/ntn20664.htm

Let's just say it's close. Time to go buy some tundra.


According to Oil & Gas Journal, as of January 2004, Canada's total proven crude oil reserves stood at 178.9 billion barrels. Canada currently trails only Saudi Arabia, which holds the most proven crude oil reserves in the world.


http://www.eia.doe.gov/emeu/cabs/canada.html

Leading Oil Consumers
USA (20 million barrels per day)
China (5.6)
Japan (5.5)
Germany
Leading Oil Importers
USA (11.1 million b/d)
Japan (5.3)
Germany (2.5)
South Korea (2.2)
Leading sources of US imports
Canada (17%)
Saudi Arabia (13.7%)
Mexico (13.5%)
Venezuela (12%)

http://www.gravmag.com/oil.html#highcost

just thought it might be elucidating

According to the DOE, it's:

Canada
SA
Mexico
Ven

http://www.eia.doe.gov/pub/oil_gas/petroleum/data_publications/petroleum_supply_monthly/current/pdf/table35.pdf

Venezuala:
http://www.eia.doe.gov/pub/oil_gas/petroleum/feature_articles/2003/venezuelan/vzimpacts.htmThe US also produces about 9 million bpd (about 45% of it's use) for domestic consumption and a small ammount for export. Check the DOE for domestic oil production - it should be about 5 times the amount imported from Canada.

If I recall correctly, Canadian in general oil costs consderablely less than the cost of producing oil from sands in general - Prudholme Bay uses "conventional" production for instance. Although oil sands is growing (maybe a third of Canda's production?) the lower cost of transport (pipline) to the US is a big advantage over tanker transport.

Let's just say it's close. Time to go buy some tundra.



http://www.eia.doe.gov/emeu/cabs/canada.html

Yeah, that doesn't include the sands..

http://www.kuro5hin.org/story/2003/4/20/201246/566

Leading Oil Consumers
USA (20 million barrels per day)
China (5.6)
Japan (5.5)
Germany
Leading Oil Importers
USA (11.1 million b/d)
Japan (5.3)
Germany (2.5)
South Korea (2.2)

wow. that is impressive. considering that there are more people living in china than in the us.

i thought US then Canada a good reason is use other areas stocks then shove the price up when youve got the last of it.Hold the world to ransom and inforce your views on others.

wow. that is impressive. considering that there are more people living in china than in the us.

Chinas on the way up something Chronic

[pij]

Mistake

wow. that is impressive. considering that there are more people living in china than in the us.
It's just the majority of the people in China don't use as much oil as the people in the US.

It's just the majority of the people in China don't use as much oil as the people in the US.
well...yeah. that's kind of what i meant to point out.

It's just the majority of the people in China don't use as much oil as the people in the US.
Not yet. Give them a little time.

America have a good plan, use up over peoples resources first, and as the rararity increases for the resources, begin selling your own back to them at a higher price you bought theirs for.....clever....yet evil

I think it might change the ranking if you consider the OPEC as one entity,
because I'm sure Koweit, Qatar and Yemen are huge suppliers as well.

actually all the fossil oil ran out in the 70s...

now we make it in secret factories...



out of...




people... damn it.... oil is people!!!!!!!!!!!!!!!

Na, that's soylent green. Oil is made from odd socks and hair clippings from the barber's

Current US interest in Saudi oil has to do with American investments and not necessarily the NEED for it.

Currently the US is eyeing natural gas reserves from the Caspian Sea.

The oil and natural gas reserves technically belong to the nation of Kazakhstan, formerly part of the Soviet Union.

Because the Caspian Sea is politically landlocked; they need to run a pipeline through Afghanistan, which will lead this gas to the open sea and international markets.

America have a good plan, use up over peoples resources first, and as the rararity increases for the resources, begin selling your own back to them at a higher price you bought theirs for.....clever....yet evil

Don't you guys drink oil and put water your cars? :D

Current US interest in Saudi oil has to do with American investments and not necessarily the NEED for it.


Perhaps not the direct need for it, but Saudi oil is a big part of the world's supply. If the flow of that oil stopped, Europe would have to get it's oil from Mexico, Venezuela or Canada (ok, also Angola, Nigeria, Russia, and Norway) driving the prices up and cutting into what the US uses.