+

Cookies on the Business Insider India website

Business Insider India has updated its Privacy and Cookie policy. We use cookies to ensure that we give you the better experience on our website. If you continue without changing your settings, we\'ll assume that you are happy to receive all cookies on the Business Insider India website. However, you can change your cookie setting at any time by clicking on our Cookie Policy at any time. You can also see our Privacy Policy.

Close
HomeQuizzoneWhatsappShare Flash Reads
 

Here's Where The US Really Gets It Oil From

Sep 29, 2014, 16:42 IST

Despite the fact that late-year gasoline prices have risen to the second-highest in recent memory, a new report from the UT Energy Poll shows that most Americans have little clue where their gasoline even comes from. According to the poll, 3 out of 4 Americans think that the U.S. imports the majority of its oil from somewhere in the Middle East.

Advertisement

Yet when all of the U.S.'s oil imports are stacked up, oil from the Middle East comprises only a quarter of U.S. oil imports. In fact, the majority of the U.S.'s imported oil comes from countries in North and South America.

If we look up the top 10 exporters of oil to the U.S., we might be surprised to find that our friendly neighbors to the north are the ones working the hardest to keep our gasoline tanks full. (Or at least, 87% of us will be surprised by this!)

You're reading the chart right: the U.S. imported 1.14 billion barrels of oil from Canada in 2013 alone. That's roughly 21.7 billion gallons of gasoline!

If you're a little more in-the-know than most people on this topic, you'll notice that the imports listed above don't even come close to matching the US's insatiable appetite for oil. And that's where the most important fact in this article comes in: 60% of the oil that Americans use is produced right here in the US.

In fact, only between 1997-2010 did we see oil imports rise above our own oil production. This trend began to reverse in 2005 and we're now on a stable path toward (mostly) oil independence.

Advertisement

It's time we put an end to this myth that the U.S. gets most of its oil from the Middle East.

If you're one of today's lucky 10,000, I'm calling on you to share these facts with your family and friends today so they will be better informed when voting on energy policies in the future.

Summary

  • 3/4 of Americans don't know where the U.S. gets its oil from
  • The U.S. only imports 40% of the oil it uses; the other 60% is produced in the U.S.
  • Half of the oil the U.S. imports is from North and South America; only 28% of imported oil comes from the Middle East
You are subscribed to notifications!
Looks like you've blocked notifications!
Next Article