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Latin America's Key Role in U.S. Oil Supply Chain

Mexico, Canada, Saudi Arabia, Nigeria, and Venezuela greatly impact the U.S. crude oil imports. Latin American countries like Mexico, Venezuela, Ecuador, and Brazil play a crucial role in supplying oil to the U.S. This article discusses their significant contributions in detail.

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Latin America's Key Role in U.S. Oil Supply Chain

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  1. Regional importance of Latin America? • Mexico, Canada, Saudi Arabia, Nigeria and Venezuela provide 75% of U.S. crude oil imports. • Angola, Iraq, Ecuador and Brazil and Algeria provide an additional 15% of our oil supply. • Mexico, Venezuela, Ecuador and Brazil supplied the U.S. with 3,335 million barrels of oil per day (bpd). • Including Colombia’s 108 thousand barrels the Latin American region provides 3,443 million bpd. • This is approximately 34.9% of the U.S. daily supply (9.860 million bpd). (Source: U.S. Department of Energy).

  2. Note: The data in the tables above exclude oil imports into the U.S. territories.

  3. Sugar Prices and Consumption • http://www.foodmarketexchange.com/datacenter/product/sugar/detail/dc_pi_sugar_05_04.htm • http://www.foodmarketexchange.com/datacenter/product/sugar/detail/dc_pi_sugar_05_02.htm • http://www.fao.org/DOCREP/006/Y4344E/y4344e0e.htm

  4. Corn Prices and Consumption • http://www.foodfirst.org/node/1650 • http://www.foodfirst.org/node/1625

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