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Regional importance of Latin America? Mexico, Canada, Saudi Arabia, Nigeria and Venezuela provide 75% of U.S. crude oil imports. Angola, Iraq, Ecuador.

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Presentation on theme: "Regional importance of Latin America? Mexico, Canada, Saudi Arabia, Nigeria and Venezuela provide 75% of U.S. crude oil imports. Angola, Iraq, Ecuador."— Presentation transcript:

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 Crude Oil Imports (Top 15 Countries) (Thousand Barrels per Day) CountryFeb-06Jan-06YTD 2006Feb-05Jan - Feb 2005 MEXICO1,7741,7011,7351,4881,452 CANADA1,7001,7681,7361,5131,540 SAUDI ARABIA1,4181,3351,3751,5251,565 NIGERIA1,3421,1331,2321,1141,058 VENEZUELA1,1751,2281,2021,3571,353 ANGOLA464420441369398 IRAQ444532491523499 ECUADOR222373302356331 BRAZIL164611105242 ALGERIA163235201219181 KUWAIT15273110177187 COLOMBIA10816914099111 UNITED KINGDOM823658190175 CHAD77747610688 EQUATORIAL GUINEA7386805842

3 Total Imports of Petroleum (Top 15 Countries) (Thousand Barrels per Day) CountryFeb-06Jan-06YTD 2006Feb-05Jan - Feb 2005 CANADA2,2492,3112,2812,0732,126 MEXICO1,8781,7961,8351,5851,541 VENEZUELA1,4721,5391,5071,6901,628 SAUDI ARABIA1,4511,3691,4081,5741,611 NIGERIA1,3771,1861,2771,2051,133 ANGOLA478433454394416 ALGERIA446713586504432 IRAQ444532491523499 VIRGIN ISLANDS 318277297329315 RUSSIA304218259458384 ECUADOR234380311356335 UNITED KINGDOM 205187196337309 BRAZIL200106151153137 NORWAY199205202114190 KUWAIT15874114183194 Note: The data in the tables above exclude oil imports into the U.S. territories.

4 Sugar Prices and Consumption http://www.foodmarketexchange.com/data center/product/sugar/detail/dc_pi_sugar_0 5_04.htmhttp://www.foodmarketexchange.com/data center/product/sugar/detail/dc_pi_sugar_0 5_04.htm http://www.foodmarketexchange.com/data center/product/sugar/detail/dc_pi_sugar_0 5_02.htmhttp://www.foodmarketexchange.com/data center/product/sugar/detail/dc_pi_sugar_0 5_02.htm http://www.fao.org/DOCREP/006/Y4344E/ y4344e0e.htmhttp://www.fao.org/DOCREP/006/Y4344E/ y4344e0e.htm

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


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