Rising Gas Prices and Hypocrisy.........

(hat-tip to Dana) It's funny, I don't see Libya on the chart below chart.... We actually only import 17 thousand barrels per day from them. So why is our prices soaring?? ( I know some of it is futures trading and unrest in the middle-east) Back when Bush was in office, he was in the back pocket of Haliburton (supposedly!!) when gas prices went up. The media linked Bush to rising gas prices 15 times more than Obama: "The Business & Media Institute examined all the broadcast network news reports mentioning gas prices during each of those time periods and found ABC, CBS and NBC aired more than 2 ½ times more stories (63 stories to 24) in 2008 than they did in 2011."   "Not a single one of 2011 stories about rising gas prices BMI examined brought up any of Obama's anti-oil policies despite the impact they could have on supply and prices."   "GREAT READ" Does this mean Barry is in Haliburtons pocket as well.....or someone elses?? where is the outrage........peep, peep, peep........move along please Even the media isn't having much to do with it, where oh where are the journalists??

Crude Oil and Total Petroleum Imports Top 15 Countries

December 2010 Import Highlights:  Released February 25, 2011
Monthly data on the origins of crude oil imports in December 2010 has been released and it shows that four countries exported more than 1,000 thousand barrels per day to the United States (see table below). The top five exporting countries accounted for 72 percent of United States crude oil imports in December while the top ten sources accounted for approximately 88 percent of all U.S. crude oil imports. The top five sources of US crude oil imports for December were Canada (2,064 thousand barrels per day), Mexico (1,223 thousand barrels per day), Saudi Arabia (1,076 thousand barrels per day), Nigeria (1,024 thousand barrels per day), and Venezuela (825 thousand barrels per day). The rest of the top ten sources, in order, were Iraq (336 thousand barrels per day), Angola (307 thousand barrels per day), Brazil (271 thousand barrels per day), Algeria (262 thousand barrels per day), and Colombia (220 thousand barrels per day). Total crude oil imports averaged 8,631 thousand barrels per day in December, which is an increase of 23 thousand barrels per day from November 2010.

Canada remained the largest exporter of total petroleum in December, exporting 2,713 thousand barrels per day to the United States, which is an increase from last month (2,510 thousand barrels per day). The second largest exporter of total petroleum was Mexico with 1,365 thousand barrels per day.

Crude Oil Imports (Top 15 Countries) (Thousand Barrels per Day)
Country	Dec-10	Nov-10	YTD 2010	Dec-09	YTD 2009
CANADA	2,064	1,975	1,972	2,104	1,943
MEXICO	1,223	1,229	1,140	1,063	1,092
SAUDI ARABIA	1,076	1,119	1,080	870	980
NIGERIA	1,024	806	986	1,020	776
VENEZUELA	825	884	912	772	951
IRAQ	336	340	414	325	449
ANGOLA	307	263	380	266	448
BRAZIL	271	188	254	181	295
ALGERIA	262	379	325	336	281
COLOMBIA	220	489	338	179	251
ECUADOR	192	188	195	86	181
RUSSIA	158	85	252	168	230
KUWAIT	125	170	195	160	180
UNITED KINGDOM	124	80	120	67	103
ARGENTINA	85	35	29	33	53

Total Imports of Petroleum (Top 15 Countries) (Thousand Barrels per Day)
Country	Dec-10	Nov-10	YTD 2010	Dec-09	YTD 2009
CANADA	2,713	2,510	2,532	2,710	2,479
MEXICO	1,365	1,363	1,280	1,204	1,210
SAUDI ARABIA	1,087	1,141	1,094	877	1,004
NIGERIA	1,070	860	1,025	1,029	809
VENEZUELA	917	942	987	849	1,063
RUSSIA	514	553	611	385	563
ALGERIA	484	572	507	544	493
IRAQ	336	340	414	325	450
ANGOLA	319	276	390	278	460
BRAZIL	295	198	271	184	309
UNITED KINGDOM	236	187	256	199	245
COLOMBIA	231	492	365	231	276
ECUADOR	192	194	197	86	185
VIRGIN ISLANDS	191	234	255	289	277
KUWAIT	125	170	197	160	182