Oil-security key is volume flowing freely in trade

10/14/2002
The Russia-US energy summit in Houston Oct. 1-2 featured repeated reference to US reliance on oil from the Middle East, Saudi Arabia in particular. Progress toward a strategic joint venture between the former Cold War foes on energy hinged at times on concern about US imports of Saudi crude.The 1.5 million b/d that the US receives from Saudi Arabia—one sixth of its total crude imports and one tenth of what its refineries run to stills—has been judged excessive, although Canada supplies more and Mexico and Venezuela nearly as much.So the presumption is strong that the US would benefit from importing more crude oil from Russia and a similar amount less from Saudi Arabia.To that ...
read-story

Why Register?

Non-subscribers can only view whitepapers by providing name, home and email address, phone number and other information and comment on/rate articles.

Why Subscribe?

Oil & Gas Journal subscribers with login credentials can access these premium features of OGJ Online:

  • Current Issue – an html version of the current week's issue of Oil & Gas Journal.
  • Past Issues – An Electronic OGJ Archive. A keyword-searchable archive of all issues of Oil & Gas Journal dating back to 1990; also searchable by issue date.
  • Market Journal – a weekly round-up of the oil and gas markets, with observations from leading analysts.
  • Editor's Perspective – a short article of insight and opinion by the Editor of Oil & Gas Journal.
  • OGJ Industry Stats – quick access to current industry statistics from Oil & Gas Journal.
  • OGJ Survey Downloads - quick access to exclusive reports from Oil & Gas Journal.

 

Subscriber Help or Subscribe

Oil & Gas Journal Subscribers: Have your subscription number (from the mailing label on the cover of your Oil & Gas Journal) and e-mail address ready to set up your online account through Customer Service Assistant.

If you're not an Oil & Gas Journal subscriber, start a subscription and gain access to the subscriber areas of OGJ Online now.

Stay Connected