Oil, Part III: The world’s top producer of crude oil and NGPL

About 100 countries produce crude oil and NGPL (the liquid separated from natural gas during processing that is used in refining petroleum). The United States was the third largest producer of crude oil and NGPL in 2009. What country was the top producer of crude oil and NGPL in 2009? A. Saudi Arabia B. China […]

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Oil, Part II: How much of our oil comes from the Persian Gulf?

Almost half (48.3 percent) of all U.S. crude oil imports in 2009 were supplied by the twelve countries comprising the Organization of the Petroleum Exporting Countries (OPEC). What percentage of total U.S. crude oil imports did the six Persian Gulf member of OPEC (Saudi Arabia, IRan, Iraq, Kuwait, Qatar, and United Arab Emirates) supply in […]

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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 […]

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