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June 22, 2005
Sticking it to #4
The Department of Energy has released the April 2005 figures for U.S. petroleum imports. If ever there were a more compelling case for oil labeling, this is it.
In April we imported most of our oil from nice, safe, non-terrorist countries. 2.2 million barrels per day from Canada, 1.6 million bpd from Mexico, and 1.6 million bpd from Venezuela.
Saudi Arabia only came in fourth (1.5), with Nigeria rounding out the top five (1.4).
The Saudi share of the U.S. oil market is not that large. Out of 10.3 million barrels per day imported, the Saudis supplied only 15 pecent. Saudi Arabia may dominate the world oil market, but it does not dominate the American market (most of their oil goes to Europe and East Asia).
Making the choice not to buy Saudi has never been easier. Demand the right to know where your oil is coming from and stop buying Saudi today.
Posted by James Fichter at June 22, 2005 09:29 AM
