Notice the insertion of Texas at number 8. If Texas were its own country (that is another subject!) it would rank number 8 in the world in oil output. Texas alone produces 36% of the USA's oil production (2,826/7,864 X 100).
Even though the US is a dominant producer of crude oil, we still have to import it from foreign sources.
|Source: AEI Carpe Diem|
Click below the fold to find out.
Surprised? Canada is the primary source and Mexico comes in 3rd. Our closest neighbors account for 38% of oil imports.