2008 Crude Oil Imports From Persian Gulf Highlights: Released on September 4, 2008
It should be noted that several factors influence the source of a company's crude oil imports. For example, a company like Motiva, which is partly owned by Saudi Refining Inc., would be expected to import a large percentage from the Persian Gulf, while Citgo Petroleum Corporation, which is owned by the Venezuelan state oil company, would not be expected to import a large percentage from the Persian Gulf, since most of their imports likely come from Venezuela. In addition, other factors that influence a specific company's sources of crude oil imports would include the characteristics of various crude oils as well as a company's economic needs. While, in general, crude oil is fungible, i.e., one crude oil can be substituted for another, many refineries are optimized by refining crude oil with specific qualities (e.g., the API gravity, the amount of sulfur in the crude oil, etc.). Also, depending on the global crude oil market condition at the time, the price difference between heavy and light crude oils varies, thus changing the economic dynamics for different refineries. Therefore, many factors determine the source of a company's crude oil imports.
JANUARY - JUNE 2008 (Thousand Barrels) |
Totals: |
1,763,098 |
434,635 |
25% |
Company |
Total |
Persian Gulf |
% Persian Gulf |
|
EXXONMOBIL OIL CORP |
223,783 |
87,435 |
39% |
VALERO MARKETING & SUPPLY CO |
213,760 |
80,171 |
38% |
CONOCOPHILLIPS CO |
212,201 |
9,583 |
5% |
CHEVRON USA INC |
128,675 |
60,166 |
47% |
SUNOCO INC |
117,254 |
0 |
0% |
MOTIVA ENTERPRISES LLC |
111,075 |
87,026 |
78% |
BP PRODUCTS NORTH AMERICA INC |
84,263 |
6,912 |
8% |
MARATHON PETROLEUM CO LLC |
83,957 |
34,303 |
41% |
CITGO PETROLEUM CORP |
73,374 |
0 |
0% |
FLINT HILLS RESOURCES LP |
69,324 |
1,995 |
3% |
SHELL OIL CO DEER PARK |
50,366 |
0 |
0% |
HOUSTON REFINING LP |
47,072 |
478 |
1% |
BP WEST COAST PRODUCTS LLC |
38,230 |
18,128 |
47% |
TESORO PETROLEUM CORP |
33,265 |
2,920 |
9% |
PDV MIDWEST REFINING LLC |
26,950 |
0 |
0% |
TOTAL PETROCHEMICALS USA INC |
26,689 |
10,028 |
38% |
SHELL US TRADING CO |
25,180 |
3,706 |
15% |
CHALMETTE REFINING LLC |
13,994 |
0 |
0% |
MURPHY OIL USA INC |
13,714 |
5,874 |
43% |
PLAINS MARKETING LP |
13,613 |
475 |
3% |
WESTERN REFINING YORKTOWN INC |
11,830 |
0 |
0% |
TESORO HAWAII CORP |
10,516 |
3,629 |
35% |
UNITED REFINING CO |
10,472 |
0 |
0% |
WRB REFINING LLC |
9,950 |
9,950 |
100% |
SHELL CHEMICAL LP |
8,865 |
0 |
0% |
CHS INC |
8,827 |
0 |
0% |
PRSI TRADING LP |
8,533 |
0 |
0% |
FRONTIER OIL & REFINING CO |
8,164 |
0 |
0% |
NUSTAR ASPHALT LLC |
6,842 |
0 |
0% |
SHELL OIL CO |
6,157 |
0 |
0% |
SINCLAIR OIL CORP |
5,701 |
0 |
0% |
KOCH SUPPLY & TRADING CO |
5,596 |
4,592 |
82% |
CITGO ASPHALT REFINING CO |
5,192 |
0 |
0% |
NEXEN MARKETING USA INC |
5,047 |
0 |
0% |
HUNT CRUDE OIL SUPPLY CO |
4,833 |
2,123 |
44% |
SUNCOR ENERGY USA INC |
4,472 |
0 |
0% |
LION OIL CO |
4,101 |
4,101 |
100% |
SHELL OIL PRODUCTS US |
4,064 |
0 |
0% |
HUSKY MARKETING & SUPPLY CO |
3,843 |
0 |
0% |
ERGON OIL PURCHASING INC |
3,675 |
0 |
0% |
STATOIL MKTG & TRDG US INC |
3,184 |
0 |
0% |
ARON J & CO |
3,024 |
1,040 |
34% |
CANNAT ENERGY INC |
2,966 |
0 |
0% |
TIDAL ENERGY MARKETING INC |
2,535 |
0 |
0% |
MONTANA REFINING CO |
1,759 |
0 |
0% |
PARAMOUNT PETROLEUM CORP |
1,562 |
0 |
0% |
NCRA |
925 |
0 |
0% |
VITOL SA INC |
915 |
0 |
0% |
EQUISTAR CHEMICALS LP |
898 |
0 |
0% |
TRIGEANT LTD |
707 |
0 |
0% |
US OIL & REFINING |
634 |
0 |
0% |
FLYING J PETROLEUM INC |
278 |
0 |
0% |
SEMPRA ENERGY TRADING CORP |
186 |
0 |
0% |
GARY-WILLIAMS ENERGY CORP |
60 |
0 |
0% |
TRAFIGURA AG |
46 |
0 |
0% |
Persian Gulf includes = Bahrain, Iran, Iraq, Kuwait, Qatar, Saudi Arabia, and United Arab Emirates.
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