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Trends in the top five crude oil-importing countries, 1960–2012. This is a list of countries by oil imports based on The World Factbook and other sources. [1] Many countries also export oil, and some export more oil than they import.
Cantarell Field is the largest oil field in Mexico and one of the largest in the world producing. As of Jan 2001, Mexico has approximately 10.42 billion barrels (1.657 × 10 ^ 9 m 3) in proven oil reserves. [49] In November 2006, Pemex reported that Cantarell has produced 11.492 billion barrels (1.8271 × 10 ^ 9 m 3) of oil. [50]
In 2010 Glen Perry, a petroleum engineer for Adira Energy, warned that including the Alberta Clipper pipeline owned by TransCanada's competitor Enbridge, there is an extensive overcapacity of oil pipelines from Canada. [170] After completion of the Keystone XL line, oil pipelines to the U.S. may run nearly half-empty.
In 2004, approximately 4.1 billion barrels (650,000,000 m 3) of oil was held in strategic reserves by International Energy Agency member states, of which 1.4 billion is government-controlled and the remainder held by private industry. [1]
President Joe Biden's administration called on U.S. lawmakers on Monday to quickly pass roughly $100 billion in emergency disaster relief funding in the wake of damaging storms that have depleted ...
On average, about 499,700 barrels of oil a day flow through the trans-Alaska pipeline, well below the late-1980s peak of 2.1 million barrels. ConocoPhillips Alaska had proposed five drilling sites ...
In March Biden said the US would provide up to $8.5 billion in grants in the years ahead to Intel to support a range of new projects in Arizona, Ohio, New Mexico, and Oregon.
United States oil product imports by country. The US bans energy imports from countries such as Russia (because of the Russo-Ukrainian War) [78] and Venezuela. [79] The US also limits exports of oil from Iran. [80] Although it is a net exporter, the US imports energy from multiple countries, led by Canada.