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OPEC: Oil exporter AND goods importer.(Organization of the Petroleum Exporting Countries)(Brief...

Cash-rich members of OPEC are ramping up imports of U.S. products. The 11-country cartel's imports from the U.S. hit $22 billion in 2004, up 28% from 2003. Oil revenues will fuel similar gains in 2005 and 2006.

Autos and auto parts are a leading export to Saudi Arabia, Venezuela, the United Arab Emirates and the other members of OPEC. Generous domestic fue

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  • The clumsy cartel
    • HEADNOTE OPEC's Uncertain Future Since 1970 the world price of crude oil has been both high and unstable. The price-- setter, the Organization of Petroleum Exporting Countries (OPEC), whose members include the United Arab Emirates, Algeria, Indonesia, Iran, Iraq, Kuwait, Libya, Nigeria, Saudi Arabia, and Venezuela, has since 1980 followed ......
  • The Clumsy Cartel.
    • OPEC's Uncertain Future Since 1970 the world price of crude oil has been both high and unstable. The price-setter, the Organization of Petroleum Exporting Countries (OPEC), whose members include the United Arab Emirates, Algeria, Indonesia, Iran, Iraq, Kuwait; Libya, Nigeria, Saudi Arabia, and Venezuela, has since 1980 followed a bumpy ......
  • Table 43. PAD District 1-year-to-date imports of crude oil and petroleum products into the United States by country of origin, January-September 2005.
    • Table 43. PAD District 1-Year-to-Date Imports of Crude Oil and Petroleum Products 1-Year-to-Date Imports of Crude Oil and Petroleum Products into the United States by Country of Origin, January-September 2005 (Thousand Barrels) Liquefied Crude Pentanes Petroleum Unfinished Country of Origin Oil (a) Plus Gases Oils (a) OPEC 240,891 0 4,172 ......
  • Net imports.
    • Table 51. Net Imports of Crude Oil and Petroleum Products Into the United States by Country, April 2007 (Thousand Barrels per Day) Liquefied Crude Pentanes Petroleum Country of Origin Oil (a) Plus Gases OPEC 5,307 25 75 Algeria 530 0 41 Angola 514 0 0 Indonesia 0 0 0 ......
  • Net imports.
    • Table 51. Net Imports of Crude Oil and Petroleum Products into the United States by Country, May 2007 (Thousand Barrels per Day) Liquid Pentanes Petroleum Country of Origin Crude Oil (a) Plus Gases OPEC 5,439 30 114 Algeria 496 0 40 Angola 680 0 0 Indonesia 17 0 8 ......
  • Table 37. Imports of crude oil and petroleum products into the United States by country of origin, November 2005.
    • Table 37. Imports of Crude Oil and Petroleum Products into the United States by Country of Origin, November 2005 (Thousand Barrels) Liquefied Crude Pentanes Petroleum Unfinished Country of Origin Oil (a) Plus Gases Oils (a) OPEC 139,221 660 5,697 2,453 Algeria 7,961 0 1,294 1,844 Indonesia 653 0 0 0 ......
  • Table 37. Imports of crude oil and petroleum products into the United States by country of origin, September 2005.
    • Table 37. Imports of Crude Oil and Petroleum Products into the United States by Country of Origin, September 2005 (Thousand Barrels) Liquefied Crude Pentanes Petroleum Unfinished Country of Origin Oil (a) Plus Gases Oils (a) OPEC 125,521 1,266 3,491 4,016 Algeria 6,542 734 2,044 1,587 Indonesia 299 0 0 0 ......

Blogs

  • And for Dessert, Melamine Bread Pudding
    • As our food supply becomes tainted we are finding that only one-percent of all imported food is inspected by the FDA. GThe exporting countries supposedly inspect the food before it leaves for their shores but are their standards as high as say, ours?...
  • Washington Bureau - bizjournals.com
    • SBA marks 50th "SBA marks 50th with 'Hall of Fame' ceremony" Kent Hoover "The Small Business Administration expects about 3,000 small businesses to attend its National Entrepreneurial Conference and Expo in Washington, D.C. " - Brief article on the SBA's 50th. They've helped a lot of us so check ......
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