Tag Archives: Persian Gulf

How Dependent is the U.S. on Persian Gulf Oil?

With tensions heating up over Iran (recall our November 5th post, Is Iran About to Get Hot) we’re seeing lots of traffic on our post of last February,  U.S. Dependent on Middle East Oil? Think Again. Our sense is that most … Continue reading

Posted in Black Swan Watch, Crude Oil | Tagged , , , | 1 Comment

Sources of U.S. Petroleum Imports

Ask most Americans the major source of U.S. crude oil imports and they will probably respond the Persian Gulf.   Wrong!  The chart below shows the U.S. imports less than 15 percent from the Gulf.  More than 5o percent of petroleum … Continue reading

Posted in Charts, Crude Oil | Tagged , , , | 2 Comments