Following the oil trail
Washington Post Some good stuff in this graphic from Monday’s Washington Post: First, despite repeated calls to wean America off Middle Eastern oil, the United States actually imports most of its foreign oil from our friendly neighbors to the north and south. Also, while we hear countless warnings of China’s impending rise and the impact ...
Washington Post
Some good stuff in this graphic from Monday's Washington Post:
First, despite repeated calls to wean America off Middle Eastern oil, the United States actually imports most of its foreign oil from our friendly neighbors to the north and south. Also, while we hear countless warnings of China's impending rise and the impact growing Chinese demand will have on oil markets, the U.S. still imported nearly four times more oil than China in 2007.
Some good stuff in this graphic from Monday’s Washington Post:
First, despite repeated calls to wean America off Middle Eastern oil, the United States actually imports most of its foreign oil from our friendly neighbors to the north and south. Also, while we hear countless warnings of China’s impending rise and the impact growing Chinese demand will have on oil markets, the U.S. still imported nearly four times more oil than China in 2007.
Finally, it’s interesting to note that even if the Iraq war really was all about oil, it’s still failed its objective. Iraqi oil exports to the United States in 2007 were barely more than pre-war numbers in 2002, and less than those in 2000 and 2001. Iraq actually exports most of its oil to Asia.
Two countries that have fallen off the top-10 since 2002? The UK and Norway.
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