Saturday, January 3, 2015

Random Update On Saudi Arabia Oil Imports Into The US -- January 3, 2015

This is a stunning graphic from the EIA showing how far Saudi oil imports into the United States have dropped (thousands of bopd):

800,000 bopd (the most recent data was from October, 2014).

From wiki:
Motiva Enterprises, LLC, is a 50–50 joint venture between Shell Oil Company and Saudi Refining
Motiva Enterprises owns and operates three oil refineries in the gulf coast region of the United States: a 600,000 bbl/d refinery in Port Arthur, Texas, a 235,000 bbl/d refinery in Convent, Louisiana, and a 240,000 bbl/d refinery in Norco, Louisiana.
On May 25th, 2012, Motiva officially completed its expansion of the Port Arthur refinery to a capacity of 600,000 bbl/d (95,000 m3/d) making it the largest refinery in North America and the fifth largest in the world.
600 + 235 + 240 = 1,075,000 bopd for these three refineries.

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