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Oil Imports To the US by Country:
Saudi Arabia 17%
Canada 16%
Mexico 15%
Venezuela 13%
Iraq 8%
Nigeria 6%
Colomnbia 5%
Norway 4%
Angola 2%
Britain 2%
reasons why the cost in the US is up:
US refineries are already at maximum capacity, and one in california is to close at the end of 2004.
since more than 50% of US gasoline is refined in the gulf coast area, it costs even more due to transporation to various states.
since venezuela is having economic and political problems, due to the castro's good buddy chavez running the show there, oil imports from there dropped from 19% in 2003 to 13%. we were, in fact, importing more oil from them than we were from the suadi's.
and let us not forget the 19 cents federal excise tax and the state sales tax (around 23 cents. give or take, depending on the state in which you live). not to mention, some of the states we live in charge a salex tax on the gas we buy (california)
plus, the US dollar is down, and that isn't helping.
local requirements for various gasoline blends to meet various state requirements means smaller batches, which means more the rest of us have to shell out.
Saudi Arabia 17%
Canada 16%
Mexico 15%
Venezuela 13%
Iraq 8%
Nigeria 6%
Colomnbia 5%
Norway 4%
Angola 2%
Britain 2%
reasons why the cost in the US is up:
US refineries are already at maximum capacity, and one in california is to close at the end of 2004.
since more than 50% of US gasoline is refined in the gulf coast area, it costs even more due to transporation to various states.
since venezuela is having economic and political problems, due to the castro's good buddy chavez running the show there, oil imports from there dropped from 19% in 2003 to 13%. we were, in fact, importing more oil from them than we were from the suadi's.
and let us not forget the 19 cents federal excise tax and the state sales tax (around 23 cents. give or take, depending on the state in which you live). not to mention, some of the states we live in charge a salex tax on the gas we buy (california)
plus, the US dollar is down, and that isn't helping.
local requirements for various gasoline blends to meet various state requirements means smaller batches, which means more the rest of us have to shell out.