What are the top 10 countries benefiting from higher oil prices?
According to the latest statistics from the United States International Trade Commission, U.S. imports of crude oil amounted to US$60.4 billion for the first 4 months of 2010. That figure represents a 65.4% increase over the $36.5 billion that America spent on crude petroleum imports from January to April 2009. If that pace continues, total crude oil imports will cost an estimated $181 billion for 2010 – America’s second-highest expenditure on imported crude over the past 10 years. The total oil bill for 2010 will have been exceeded only by the $259.3-billion bill spent on imported crude oil during 2008. document.getElementById(‘adsense_placeholder_1’).innerHTML = document.getElementById(‘adsense_ad_1_hidden’).innerHTML; Top Oil Producing Countries that Supply the U.S. The top 10 suppliers accounted for 91.2% of America’s imported crude oil so far in 2010. America’s leading crude oil provider, Canada exported $15.8 billion worth of crude oil to its North American Free Trade Agreement (
