| ( https://www.census.gov/foreign-trade/statistics/historical/petr.pdf )
| U.S. Imports of Crude Oil and Petroleum Products (Thousand Barrels) | | |
| Decade | Year-0 | Year-1 | Year-2 | Year-3 | Year-4 | Year-5 | Year-6 | Year-7 | Year-8 | Year-9 |
|---|
| 1980's | | 2,188,420 | 1,866,358 | 1,843,744 | 1,989,935 | 1,849,508 | 2,271,582 | 2,437,359 | 2,709,140 | 2,942,099 | | 1990's | 2,926,395 | 2,783,763 | 2,886,897 | 3,146,454 | 3,283,621 | 3,224,753 | 3,469,128 | 3,708,970 | 3,908,446 | 3,961,074 | | 2000's | 4,194,086 | 4,333,038 | 4,208,538 | 4,476,501 | 4,811,104 | 5,005,541 | 5,003,082 | 4,915,957 | 4,726,994 | 4,267,110 | | 2010's | 4,304,533 | 4,174,210 | 3,878,852 | 3,598,454 | 3,372,904 | 3,448,734 |
Since peaking in 2010 Crude Oil and Petroleum Products have fallen (most) every year (except 2010..) since.. till last year.. A one year blip? Like 2010.. or a trend changer??
Looking at the monthly data.. reveals..
( https://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=PET&s=MTTIMUS1&f=M )
| U.S. Imports of Crude Oil and Petroleum Products (Thousand Barrels) | | |
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|
| 2005 | 402,720 | 384,977 | 410,119 | 404,284 | 434,174 | 428,105 | 431,684 | 429,276 | 396,864 | 440,459 | 422,882 | 419,997 | | 2006 | 427,676 | 379,819 | 400,010 | 403,136 | 443,758 | 427,579 | 433,491 | 455,595 | 434,721 | 412,818 | 390,135 | 394,344 | | 2007 | 424,880 | 340,839 | 432,648 | 415,258 | 440,339 | 406,587 | 426,374 | 422,663 | 409,380 | 402,396 | 395,643 | 398,950 | | 2008 | 420,616 | 367,143 | 390,528 | 399,944 | 399,957 | 401,942 | 406,854 | 406,644 | 346,859 | 409,269 | 386,421 | 390,817 | | 2009 | 406,925 | 338,661 | 385,841 | 358,846 | 355,774 | 358,083 | 366,727 | 346,658 | 352,675 | 337,212 | 333,152 | 326,556 | | | | 2010 | 350,315 | 314,452 | 360,262 | 375,769 | 376,383 | 373,317 | 392,915 | 383,045 | 354,677 | 345,415 | 332,884 | 345,099 | | 2011 | 377,114 | 298,861 | 364,400 | 352,372 | 366,004 | 354,169 | 362,220 | 345,990 | 336,767 | 341,161 | 334,689 | 340,463 | | 2012 | 338,215 | 304,201 | 328,759 | 318,315 | 344,637 | 342,727 | 334,604 | 337,268 | 314,256 | 311,468 | 305,442 | 298,960 | | 2013 | 312,757 | 260,019 | 295,560 | 305,025 | 315,396 | 296,451 | 319,296 | 317,716 | 301,089 | 297,863 | 281,563 | 295,719 | | 2014 | 288,458 | 256,340 | 286,934 | 288,002 | 291,004 | 265,109 | 294,363 | 288,878 | 275,435 | 276,658 | 270,260 | 291,463 | | | | 2015 | 293,297 | 259,626 | 298,196 | 281,216 | 294,570 | 288,139 | 296,712 | 305,609 | 280,736 | 274,087 | 274,532 | 302,014 | | 2016 | 301,768 | 290,577 | 310,060 | 294,858 | 315,660 | 302,286 | 325,716 | 319,629 | 305,808 |
Looks more like a Trend Change.. 2010 could have been the snap back from the recession.. More recent data appears to be a result of the decrease in US Production..
( https://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=PET&s=WCRFPUS2&f=W ) | Weekly U.S. Field Production of Crude Oil (Thousand Barrels per Day) | | |
| Year-Month | Week 1 | Week 2 | Week 3 | Week 4 | Week 5 |
|---|
| End Date | Value | End Date | Value | End Date | Value | End Date | Value | End Date | Value |
|---|
| 2014-Aug | 08/01 | 8,453 | 08/08 | 8,556 | 08/15 | 8,577 | 08/22 | 8,631 | 08/29 | 8,630 | | 2014-Sep | 09/05 | 8,590 | 09/12 | 8,838 | 09/19 | 8,867 | 09/26 | 8,837 | | | | 2014-Oct | 10/03 | 8,875 | 10/10 | 8,951 | 10/17 | 8,934 | 10/24 | 8,970 | 10/31 | 8,972 | | 2014-Nov | 11/07 | 9,063 | 11/14 | 9,004 | 11/21 | 9,077 | 11/28 | 9,083 | | | | 2014-Dec | 12/05 | 9,118 | 12/12 | 9,137 | 12/19 | 9,127 | 12/26 | 9,121 | | | | | | 2015-Jan | 01/02 | 9,132 | 01/09 | 9,192 | 01/16 | 9,186 | 01/23 | 9,213 | 01/30 | 9,177 | | 2015-Feb | 02/06 | 9,226 | 02/13 | 9,280 | 02/20 | 9,285 | 02/27 | 9,324 | | | | 2015-Mar | 03/06 | 9,366 | 03/13 | 9,419 | 03/20 | 9,422 | 03/27 | 9,386 | | | | 2015-Apr | 04/03 | 9,404 | 04/10 | 9,384 | 04/17 | 9,366 | 04/24 | 9,373 | | | | 2015-May | 05/01 | 9,369 | 05/08 | 9,374 | 05/15 | 9,262 | 05/22 | 9,566 | 05/29 | 9,586 | | 2015-Jun | 06/05 | 9,610 | 06/12 | 9,589 | 06/19 | 9,604 | 06/26 | 9,595 | | | | 2015-Jul | 07/03 | 9,604 | 07/10 | 9,562 | 07/17 | 9,558 | 07/24 | 9,413 | 07/31 | 9,465 | | 2015-Aug | 08/07 | 9,395 | 08/14 | 9,348 | 08/21 | 9,337 | 08/28 | 9,218 | | | | 2015-Sep | 09/04 | 9,135 | 09/11 | 9,117 | 09/18 | 9,136 | 09/25 | 9,096 | | | | 2015-Oct | 10/02 | 9,172 | 10/09 | 9,096 | 10/16 | 9,096 | 10/23 | 9,112 | 10/30 | 9,160 | | 2015-Nov | 11/06 | 9,185 | 11/13 | 9,182 | 11/20 | 9,165 | 11/27 | 9,202 | | | | 2015-Dec | 12/04 | 9,164 | 12/11 | 9,176 | 12/18 | 9,179 | 12/25 | 9,202 | | | | | | 2016-Jan | 01/01 | 9,219 | 01/08 | 9,227 | 01/15 | 9,235 | 01/22 | 9,221 | 01/29 | 9,214 | | 2016-Feb | 02/05 | 9,186 | 02/12 | 9,135 | 02/19 | 9,102 | 02/26 | 9,077 | | | | 2016-Mar | 03/04 | 9,078 | 03/11 | 9,068 | 03/18 | 9,038 | 03/25 | 9,022 | | | | 2016-Apr | 04/01 | 9,008 | 04/08 | 8,977 | 04/15 | 8,953 | 04/22 | 8,938 | 04/29 | 8,825 | | 2016-May | 05/06 | 8,802 | 05/13 | 8,791 | 05/20 | 8,767 | 05/27 | 8,735 | | | | 2016-Jun | 06/03 | 8,745 | 06/10 | 8,716 | 06/17 | 8,677 | 06/24 | 8,622 | | | | 2016-Jul | 07/01 | 8,428 | 07/08 | 8,485 | 07/15 | 8,494 | 07/22 | 8,515 | 07/29 | 8,460 | | 2016-Aug | 08/05 | 8,445 | 08/12 | 8,597 | 08/19 | 8,548 | 08/26 | 8,488 | | | | 2016-Sep | 09/02 | 8,458 | 09/09 | 8,493 | 09/16 | 8,512 | 09/23 | 8,497 | 09/30 | 8,467 | | 2016-Oct | 10/07 | 8,450 | 10/14 | 8,464 | 10/21 | 8,504 | 10/28 | 8,522 | | | | 2016-Nov | 11/04 | 8,692 | 11/11 | 8,681 | 11/18 | 8,690 | 11/25 | 8,699 | | | | 2016-Dec | 12/02 | 8,697 | | | | |
|
US Production has ticked up after the KSA lead washout in November of 2014.. as world crude prices have firmed some.. but still remain below what most would consider as necessary to restart US Shale drillers.. ??
but costs and estimates of US bouancy vary..
More interesting in the energy news..
Just how would Pruitt be able to reverse some of Obama's EPA regulations? ( http://www.reuters.com/article/us-usa-trump-epa-idUSKBN13Y183 )
Golly is there a hit list out there.. anyone who attended a UN Climate Meetings..?? ( https://www.bloomberg.com/news/articles/2016-12-09/trump-team-s-memo... )
Golly I just think they are gonna have their hands full getting Pruitt approved.. ( https://www.theguardian.com/environment/2016/dec/08/epa-scott-pruitt... )
??? |
Ethanol.
