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2007 Crude Oil Imports From Persian Gulf Highlights: Released on April 10, 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 - DECEMBER 2007 (Thousand Barrels) |
| Totals: |
3,628,696 |
768,734 |
21% |
| Company |
Total |
Persian Gulf |
% Persian Gulf |
|
| VALERO MARKETING & SUPPLY CO |
469,629 |
153,519 |
33% |
| EXXONMOBIL OIL CORP |
475,983 |
155,181 |
33% |
| CONOCOPHILLIPS CO |
452,340 |
22,992 |
5% |
| CHEVRON USA INC |
254,442 |
91,660 |
36% |
| SUNOCO INC |
255,440 |
0 |
0% |
| MOTIVA ENTERPRISES LLC |
209,652 |
160,876 |
77% |
| BP PRODUCTS N AMERICA INC |
188,292 |
34,099 |
18% |
| CITGO PETROLEUM CORP |
180,479 |
949 |
1% |
| MARATHON PETROLEUM CO LLC |
174,343 |
64,134 |
37% |
| FLINT HILLS RESOURCES LP |
139,910 |
6,516 |
5% |
| SHELL OIL CO DEER PARK |
107,825 |
0 |
0% |
| HOUSTON REFINING LP |
93,543 |
0 |
0% |
| TESORO PETROLEUM CORP |
75,835 |
4,143 |
5% |
| PDV MIDWEST REFINING LLC |
57,336 |
0 |
0% |
| TOTAL PETROCHEMICALS USA INC |
50,611 |
18,591 |
37% |
| SHELL US TRADING CO |
52,184 |
1,897 |
4% |
| CHALMETTE REFINING LLC |
37,002 |
250 |
1% |
| MURPHY OIL USA INC |
29,426 |
10,469 |
36% |
| CITGO ASPHALT REFINING CO |
26,295 |
0 |
0% |
| TESORO HAWAII CORP |
26,561 |
9,435 |
36% |
| PRSI TRADING LP |
23,631 |
0 |
0% |
| GIANT YORKTOWN INC |
8,607 |
0 |
0% |
| UNITED REFINING CO |
20,990 |
0 |
0% |
| SHELL CHEMICAL LP |
17,160 |
0 |
0% |
| PLAINS MARKETING LP |
21,674 |
504 |
2% |
| VITOL SA INC |
13,438 |
0 |
0% |
| CHS INC |
16,174 |
0 |
0% |
| SINCLAIR OIL CORP |
17,606 |
0 |
0% |
| FRONTIER OIL & REFINING CO |
18,132 |
0 |
0% |
| SHELL OIL CO |
14,112 |
0 |
0% |
| WRB REFINING LLC |
15,985 |
15,985 |
100% |
| HUNT CRUDE OIL SUPPLY CO |
10,636 |
5,418 |
51% |
| SHELL OIL PRODUCTS US PUGET SOUND |
8,304 |
0 |
0% |
| SUNCOR ENERGY USAINC |
8,879 |
0 |
0% |
| KOCH SUPPLY & TRADING CO |
6,000 |
5,500 |
92% |
| ERGON OIL PURCHASING INC |
6,266 |
0 |
0% |
| PARAMOUNT PETROLEUM CORP |
7,447 |
0 |
0% |
| LION OIL CO |
6,446 |
6,446 |
100% |
| TRIGEANT LTD |
3,581 |
0 |
0% |
| MONTANA REFINING CO |
3,436 |
0 |
0% |
| NCRA |
2,629 |
0 |
0% |
| ARON J & CO |
3,662 |
0 |
0% |
| CANNAT ENERGY INC |
3,641 |
0 |
0% |
| TIDAL ENERGY MARKETING INC |
4,214 |
0 |
0% |
| STATOIL MKTG & TRDG US INC |
3,659 |
0 |
0% |
| EQIUSTAR CHEMICALS LP |
1,018 |
0 |
0% |
| US OIL & REFINING |
1,552 |
170 |
11% |
| FLYING J PETROLEUM INC |
1,115 |
0 |
0% |
| PACIFIC MARKETING & TRANSP |
328 |
0 |
0% |
| GARY-WILLIAMS ENERGY CORP |
877 |
0 |
0% |
| MERCURIA ENERGY CANADA INC |
138 |
0 |
0% |
| UBS AG LONDON BRANCH |
231 |
0 |
0% |
Persian Gulf includes = Bahrain, Iran, Iraq, Kuwait, Qatar, Saudi Arabia, and United Arab Emirates.
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