February 22, 2007, - 11:07 am

Good News, Bad News on American Oil Imports: Schlussel Analysis

There is good news and bad news on America’s importation of oil.
The good news:
For the first time in 21 years, Africa topped the Middle East as a source of U.S. crude-oil imports, with a 22% share (the Mid-East is close behind also with 22%, but African oil imports exceed that from the Mid-East by 8,000 barrels).
This is the result of Africa’s rising oil output aided in part by U.S. investment. Persian Gulf oil has been pulled eastward to Asia.
Also, Canada and Mexico, respectively, remain our largest and second largest sources of oil imports. That’s good.
The bad news:
The African oil output only replaces declining oil supplies we were importing from Norway and the U.K. And much of Africa is dominated by growing Islamofascist governments, insurgents, and other forms of Banana Republicanism. Better news would be that we were importing a larger share from non-Islamic countries and more stable governments. Neither is the case.
Still, we can try to leverage our new status as a large African oil customer with African governments and try to wean ourselves completely away from Arabist ones and Iran.

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7 Responses

Debbie, is there a breakdown of which African countries are muzlum? I know it’s better to lessen our imports from our overt enemies, but I’d still like to know.

Thee_Bruno on February 22, 2007 at 11:40 am

We can also allow oil companies to drill for domestic oil. We know it’s there. And we can open more drilling on the continental shelf.

sonofsheldon on February 22, 2007 at 3:34 pm

Muslim or not, a large portion of African countries are still being run by a bunch of thugs. Should I feel better that we’re getting oil from places like Zimbabwe?

Dan on February 22, 2007 at 8:02 pm

Nigeria is the largest. Interestingly, most of Nigeria’s oil is in the Christian south; the north is predominantly Muslim. The Muslims always seek out and invade countries with huge natural resources (oil, diamonds, rare elements and minerals).
This disconnect from reality by our politicians, mostly Democrats, regarding drilling and exploration bans in America has to end. They are putting us into a terrible situation. Only Canada is stable and look how the Muslims are making infiltration there. It truly will be “America (and Australia) Alone” to paraphrase Mark Steyn.
It really is troubling.

John Sobieski on February 22, 2007 at 10:44 pm

Nigeria aside, how much of these oil imports are from countries like Libya, Algeria, Sudan? Speaking of which, are Libya or Algeria OPEC members?
We need to eliminate oil from commercial (i.e. non-transportational) power right away, replacing it with a combination of nuclear, hydro, coal and even solar power, where possible. At the same time, we need to do a Manhattan project style research into gasoline alternatives to solve the transportation fuel issue.
Ultimate goal should be a cost-effective substitute for gasoline, so that no country, not just ours, needs to buy oil from the ummah. Once that happens, you’ll see their clout drop like a rock, and except for countries with Left wing governments, you are less likely to see third world governments kissing up to the ummah.

Infidel Pride on February 23, 2007 at 12:40 pm

What is astounding to me is that our own Congress is responsible for the USA being forced to buy oil from Despots and Dictators around the world.
Back in the 1970’s, Arco Oil discovered the largest deposit of oil in the World on the North slope of Alaska. The EPA and Congress promptly declared Gull Island off limits and capped the exploratory well even though sea gulls are not an endangered species. Arco discovered three more very large oil deposits including ANWAR on the north slope all of which have been capped or banned from Production.
According to Arco Oil executives at the time(1976), we have just discovered enough oil to make the USA energy independent.
So ask yourself why our own Government has held us hostage to foreign oil imports and sent our military around the world to protect oil reserves when we have more than enough oil to never have to import another barrel of oil from terrorists and dictators.
Some of us are old enough to remember this back when we were all being held hostage to oil lines and rationing in the 70’s. I guess our leaders think we all were going to get amnesia about the Alaska Pipline and Arcos discoveries.

ScottyDog on February 23, 2007 at 12:47 pm

Despite all of Hugo Chavez’s anti-American hatred, the United States is still his largest buyer of crude oil and Citgo which is owned by Venezuela’s PDVSA sells a lot of gasoline in the U.S.
Thus, Venezuela is one of the US’s largest crude oil supplier.

John Gilbert on January 9, 2010 at 12:40 pm

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