US Crude Oil Imports -- Another Look -- May 5, 2021

Observations:

• the US now imports more oil from Russia than from Saudi Arabia:
• Saudi oil goes to west coast; Russia oil goes to east coast
• of the nine primary sources of US imported oil, all showed a decreased except for three:
• Ecuador
• Colombia
• Russia
• of the nine primary sources of US imported oil, Saudi Arabia is now in 6th place, behind two small South American countries
• on a percentage basis, it looks like Iraq took the biggest hit except for Brazil which went to "zero"
• Mexico took a pretty big hit, also

One could argue:

• Saudi Arabia is now (and always has been) energy dependent;
• the US is energy independent -- and the gap is widening (in a good way)

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