Will Africa Rival the Middle East as a U.S. Oil Supplier?

Will Africa Rival the Middle East as a U.S. Oil Supplier?

Earlier this year, a significant fact went largely unnoticed in the media: Crude oil imports from sub-Saharan Africa (excluding the Arab North African producers of Algeria and Libya) to the United States surpassed those from the Middle East. According to data from the U.S. Energy Information Administration (EIA), the United States imported 1.736 million barrels per day (b/d) from Sub-Saharan Africa in February 2007 — the bulk from Nigeria and Angola but also from Chad, Congo (Brazzaville), Equatorial Guinea and Gabon. This amount was slightly greater than imports from the Middle East — Saudi Arabia, Iraq, Kuwait, and a small […]

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