Oil, Part I: The Leading Exporter of Crude Oil to the US

With gasoline again breaking the $3.00 per gallon barrier and violent demonstrations and unrest spreading throughout the Middle East, oil is again in the headlines.

According to the U.S. Department of Energy (DOE), net imports accounted for 51% of the total petroleum consumed in the U.S. in 2009. What country exported the most crude oil to the U.S. in 2009?

A. Saudi Arabia
B.  Mexico
C. Canada
D. Venezuela

C. Canada 21.5% of all U.S. crude oil imports in 2009 were supplied by Canada. The next four largest suppliers of crude oil to the U.S. were Mexico (12.1%); Venezuela (10.5%); Saudi Arabia (10.9%); and Nigeria (8.6%).

More information about oil production, consumption, exports, and imports is available through the DOE Energy Information Administration at:http://www.eia.gov/energyexplained/

For step-by-step instructions, click here: Oil, Part I

For questions, contact Bill Pinkovitz.