Jeff Barber “Canadian crude output jumps 7% in 2007: NEB.” Platts Oilgram News. May 14, 2008. The report, which was released May 12, said Canada in 2007 remained able to meet all of its own energy needs, adding that the oil industry last year accounted for nearly 20% or $90 billion of the total value of Canadian exports. Canada, the report said, exported an average 1.85 million b/d of crude oil in 2007 worth more than $41 billion, up from $39.3 billion in 2006.More than half of Canada's crude oil exports flowed to the US Midwest. According to the US Energy Information Administration, Canada supplies nearly 20% of US daily crude oil imports, more than any other nation. “Crude Oil and Total Petroleum Imports Top 15 Countries.” Energy Information Administration. April 2008. Import Highlights: June 30, 2008 .http://www.eia.doe.gov/pub/oil_gas/petroleum/data_publications/company_level_imports/current/import.h tml. Retrieved 7/9/08 Monthly data on the origins of crude oil imports in April 2008 has been released and it shows that two countries exported more than 1.50 million barrels per day to the United States. Including those countries, a total of three countries exported over 1.20 million barrels per day of crude oil to the United States (see table below). The top five exporting countries accounted for 69 percent of United States crude oil imports in April while the top ten sources accounted for approximately 89 percent of all U.S. crude oil imports. The top sources of US crude oil imports for April were Canada (1.952 million barrels per day), Saudi Arabia (1.453 million barrels per day), Mexico (1.259 million barrels per day), Nigeria (1.115 million barrels per day), and Venezuela (1.019 million barrels per day). The rest of the top ten sources, in order, were Iraq (0.679 million barrels per day), Angola (0.579 million barrels per day), Algeria (0.393 million barrels per day), Brazil (0.201 million barrels per day), and Kuwait (0.176 million barrels per day). Total crude oil imports averaged 9.921 million barrels per day in April, which is an increase of 0.303 million barrels per day from March 2008. Total crude imports for April include 0.017 million barrels per day for Strategic Petroleum Reserves (SPR). Canada remained the largest exporter of total petroleum in April, exporting 2.534 million barrels per day to the United States, which is a decrease from last month (2.542 thousand barrels per day). The second largest exporter of total petroleum was Saudi Arabia with 1.462 million barrels per day. Jeff Barber “Canadian crude output jumps 7% in 2007: NEB.” Platts Oilgram News. May 14, 2008. The report, which was released May 12, said Canada in 2007 remained able to meet all of its own energy needs, adding that the oil industry last year accounted for nearly 20% or $90 billion of the total value of Canadian exports. Canada, the report said, exported an average 1.85 million b/d of crude oil in 2007 worth more than $41 billion, up from $39.3 billion in 2006.More than half of Canada's crude oil exports flowed to the US Midwest. According to the US Energy Information Administration, Canada supplies nearly 20% of US daily crude oil imports, more than any other nation.
Benzie, Robert. ”Ontario vital for American exports U.S. senators told; Business group lobbies Washington against further tightening of border.” The Toronto Star. May 24, 2007. As border restrictions loom, the head of the province's largest business organization has a powerful warning for American lawmakers: Ontario is a far larger U.S. export market than China. Ontario Chamber of Commerce president and CEO Len Crispino, in Washington lobbying politicians against further tightening of the border, said some senators and members of Congress are surprised to learn of the province's importance to the U.S. economy. The U.S. exports to China about $55 billion (in goods annually). We compared it to what the U.S. exports to Ontario alone - not Canada, but to Ontario and it's about $135 billion" (all figures in U.S. dollars). Jeff Barber “Canadian crude output jumps 7% in 2007: NEB.” Platts Oilgram News. May 14, 2008. The report, which was released May 12, said Canada in 2007 remained able to meet all of its own energy needs, adding that the oil industry last year accounted for nearly 20% or $90 billion of the total value of Canadian exports. Canada, the report said, exported an average 1.85 million b/d of crude oil in 2007 worth more than $41 billion, up from $39.3 billion in 2006.More than half of Canada's crude oil exports
flowed to the US Midwest. According to the US Energy Information Administration, Canada supplies nearly 20% of US daily crude oil imports, more than any other nation.