02 January 2008

Oil Supplies - The Final Link in the Chain

Once again, courtesy of the NY Times, here are the countries supplying oil to the United States on a daily basis:

United States - 8.3 million barrels
Canada - 2.4 million barrels
Mexico - 1.7 million barrels
Saudi Arabia - 1.5 million barrels
Venezuela - 1.4 million barrels
Nigeria - 1.1 million barrels
Algeria - 0.7 million barrels
Iraq - 0.6 million barrels
Angola - 0.5 million barrels
Russia - 0.4 million barrels

As you can see, we are, of course, our number one supplier. Canada and Mexico easily hold the second and third positions.

Tomorrow... what it all means.

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