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07 Jan 2004 HEADLINE


SYNOPSIS: Crude imports also set a new high in 2003 in number of barrels at 9.6 million barrels per day

Source: Reuters
Class: SYNDICATED NEWS

US Oil Imports Hit Record 63% in 2003

NEW YORK (Reuters) - The United States imported a record 63 percent of its oil from foreign sources in 2003, government figures showed Wednesday, and oil analysts said that dependence is likely to rise in the new year.

Crude imports accounted for 62.9 percent of oil run through U.S. refineries, up from the previous record of 61.7 percent in 2001 and from last year's 61.2 percent, the Department of Energy said.

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1 comments so far...

07-Jan-2004
1190 		   Soon enough, we'll be squeazed into a tenuous situation with China. War anyone...? Better add them to the axis of evil. "
Posted by: Ben Nicholson
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