HomeMagazine2021August 2021, Vol. 248, No. 8EIA Reports: US Oil Imports from OPEC Down; Canada Imports Remain High

August 2021, Vol. 248, No. 8

Features

EIA Reports: US Oil Imports from OPEC Down; Canada Imports Remain High

Voluntary OPEC (Organization of the Petroleum Exporting Countries) production cuts have been contributing to reduced U.S. crude oil imports from OPEC so far in 2021. Comparatively stable U.S. crude oil imports from Canada, however, have been mostly the result of longer-term trends.    Between 2005 and 2020, U.S. crude oil imports from OPEC members decreased rapidly, but imports from non-OPEC members remained relatively high. In particular, U.S. crude oil imports from Canada more than doubled to average 3.6 MMbpd in 2020, which was more than the combined total of crude oil imports from all other countries.   Because of increased domestic production of light crude o

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