Thursday, March 8, 2012

News Item: Despite Slowdown 35% Of US Oil Imports Come From Venezuela

From El Universal:
Venezuelan oil sales to the United States have slowed since 2007. Concomitantly, the Venezuelan government is moving closer to China and other Asian consumers.

Nonetheless...
...in 1992, Venezuelan oil sales accounted for 45% of US imports. In 2011, the proportion sank to 35%, as evidence of Venezuelan's lower profile as energy supplier for the United States.

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