2017
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Canada
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South Korea
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Albania
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Bulgaria
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Detailed explanation-1: -The top five source countries of U.S. gross petroleum imports in 2021 were Canada, Mexico, Russia, Saudi Arabia, and Colombia. Note: Ranking in the table is based on gross imports by country of origin. Net import volumes in the table may not equal gross imports minus exports because of independent rounding of data.
Detailed explanation-2: -While India is still primarily importing from OPEC countries, oil imports from the United States are now the second-largest in India. In 2020, India signed a contract with Russia to source crude oil.
Detailed explanation-3: -The largest markets for U.S. petroleum exports are Mexico and Canada, but the U.S. exports petroleum to 180 countries.
Detailed explanation-4: -America’s fracking boom mostly produced light crude oil. Yet, many refineries are not equipped to distill the oil coming from the Gulf Coast. However that same equipment is capable of processing heavy oil – which is why the U.S. imports heavy oil to make use of the infrastructure.