June Oil Import Numbers Relfect No Improvement

The oil import numbers for June 2009 are in and they reflect no improvement in the percentage or amount of oil the United States in importing. Oil independence is critical as it is a threat to not only economic security, but also national security. The numbers are based on the latest figures from the U.S Department of Energy’s Energy Information Association (EIA).

The numbers for foreign oil imports in June 2009:

- The USA imported $24.7 billions dollars, (354 million barrels of oil). This is a 13% increase from 21.6 billion spent in May 2009

- 64% of all Oil we used was imported

- The USA exported nearly $25 billion for imported oil, our worst month thus far in 2009

In the first six months of this year, the United States has imported 2.23 billion barrels of oil.

National security and domestic control and cost have all been a part of the conversation dating back to when Carter was President.
President Carter committed that we would never again import as much oil as we did in 1979.

A shift in perspective for the USA is significant. We need to use secure, clean and domestic fuel such as natural gas. Using secure,
affordable domestic fuel resources are something to build upon. It remains to be seen if Obama can do what Carter promised – I hope he can.

Post by: C. Keddy

pixel June Oil Import Numbers Relfect No Improvement

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Posted by admin on July 18th, 2009. Filed under Natural Gas. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

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