Imported Oil

[Moxie]

Major companies importing Middle Eastern oil (from 9/1/00- 8/31/01):

Shell 205,742,000 barrels
Chevron/Texaco 144,332,000 "
Exxon/Mobil 130,082,000 "
Marathon 117,740,000 "
Amoco 62,231,000 "

If you do the math at $30/barrel, these imports amount to over $18 billion.

Here are some large companies that DO NOT import Middle Eastern oil:

Citgo 0 barrels
Sunoco 0 "
Conoco 0 "
Sinclair 0 "
BP/Phillips 0 "

All of this information is available from the Department of Energy and can be easily documented. Refineries located in the U.S. are required to state where they get their oil and how much they are importing. They report on a monthly basis.

[Mr 5 0]

Interesting, but what's the point?

Eventually all the major (and minor) oil companies will import some mid-east oil because that's where the bulk of it is.

The world - and especially the U.S. - needs the crude oil to function and will for as long as we can't - or won't - develop other sources for crude oil, such as drilling in ANWR, which is being debated in the Senate now after being approved by Congress. That'll help but is not a real solution.

As long as oil companies are viewed as an enemy of the people (well, if you're a liberal) and every attempt to drill for oil is seen as an assault on nature then we'll be buying crude oil from mid-east dictators and kings for a long time to come...if the whole region does't self-destruct on it's own from internal conflicts.

So, listing oil companies that buy mid-east crude is - as I said - interesting but ultimately pointless, as I see it.

Thanks for posting it anyway, it may interest some here.

[Moxie]

An insightful response, thank you.

Actually, my posting had no point other than to make an observation. I'm not advocating nor admonishing any particular oil company. This is the B.S. section of the forums, so I thought it might a good topic on which to reflect.