Boycott Watch
                 
 
2002 Crude Oil Imports From Persian Gulf Highlights:
 
March 18, 2003
 
Summary: Summary: Since the World Trade Center and Pentagon attacks on September 11, 2001 there have been many calls for the boycotting of oil from Arab countries and particularly the Persian Gulf, including Saudi Arabia and Iraq. There have been conflicting reports about how much oil which gasoline retailer purchases from the Persian Gulf.
 
   The following report is based on the 2002 import totals released by the US Department of Energy's Energy Information Agency March 8, 2003
 
Table of contents:
Part A: Chart of oil imported from the Persian Gulf sorted by purchaser.
Part B: Change notes since 2001
Part C: How oil shushes around without country of origin tags - Domestic Oil Production notes:
 
 
Part A: Chart of oil imported from the Persian Gulf sorted by purchaser.
 
   Latest import numbers - The chart below shows the 2002 oil imports with Persian Gulf oil as percentage of total oil imports. The chart was produced by the US Department of Energy's Energy Information Agency. Boycott Watch has added company web sites and a comparison of 2001 oil import figures and percentage change from 2001 to 2002.
 
   Ian Stewart, Media Spokesman for BP Amoco reports their foreign oil purchases as market driven and not related to politics or Persian Gulf oil boycotts. BP Amoco, for example, uses crude oil from a variety of sources, including Alaska, S. America, UK North Sea drilling, among other sources. Sources other than the Persian Gulf are not broken down in this report.
 
   The following report is from the US Department of Energy. Boycott Watch has added comparative numbers for 2001. Click Here for the original DOE report.
 
    Energy Information Agency Note: 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 2002
(Thousands of Barrels)
Changes from 2001
Totals: 3,302,012 802,891 24%    
Company Total Persian Gulf % Persian Gulf Persian Gulf 2001 % Change
CHEVRON CORP
Chevron Texaco
http://www.chevron.com
264,555 133,243 50% Under Review Under Review
MOTIVA ENTERPRISES LLC and Shell (Saudi Refining Inc.)
http://www.motivaenterprises.com
246,619 203,527 83%
 SHELL OIL CO (Part of Mitiva) (Saudi Refining Inc.)
http://www.shelloil.com
110,102   Not known
PHILLIPS 66 CO
http://www.conocophillips.com/
233,958 24,842 11%    
EXXON CO USA
http://www.exxon.com
219,197 70,758 32%
MOBIL OIL CORP
http://www.exxon.com
201,803 9,204 5%
 Exxon-Mobile as one company      
SUNOCO INC
http://www.sunoco.com
198,113 2,428 1%  
VALERO MKTG & SUPPLY CO
(Valero, Shamrock, Diamond Shamrock, Corner Stores, Stop N Go, Total, Ultramar & Beacon)
http://www.valero.com
195,576 120,088 61%
MARATHON ASHLAND PETRO LLC
http://www.marathon.com
170,267 77,313 45%
AMOCO OIL CO
BP Amoco
http://www.amoco.com
156,733 32,861 21%    
FLINT HILLS RESOURCES LP
(Koch Industries)
http://www.fhr.com/
http://www.fhrfuels.com
138,454 7,898 6%    
CITGO PETRO CORP
http://www.citgo.com/
130,634 13,421 10%  
CONOCO INC
http://www.conocophillips.com/
95,155 617 1%    
LYONDELL CITGO REFG LP
(non-gasoline products)
http://www.lyondell.com
89,117 9,525 11%    
PHILLIPS PETRO CO
http://www.conocophillips.com/
85,454 14,564 17%    
PORT ARTHUR COKER CO 61,243 2,969 5%    
BP OIL SUPPLY CO
http://www.amoco.com
52,970 2,260 4%    
ATOFINA PETROCHEMICALS INC
(non-gasoline products)
http://www.ATOFINAPETROCHEMICALS.com
46,018 19,009 41%    
PREMCOR REFG GROUP INC THE
(unbranded fuels)
http://www.premcor.com
44,039 6,313 14%    
ORION RFNG CORP
http://www.orionrefining.com
44,007 1,447 3%    
EL PASO MERCHANT ENERGY-PETRO 42,490        
ARCO PROD CO

Now part of BP Amocohttp://www.arco.com
38,080 6,095 16%
MURPHY OIL USA INC 36,810 7,012 19%    
CHALMETTE REFG LLC 32,387    
TESORO PETRO CORP 30,311    
CITGO ASPH REFG CO 23,978    
PDV MIDWEST REFG LLC 23,794 517 2%    
EQUIVA TRADG CO 21,383    
UNITED REFG CO 21,286    
TESORO HAWAII CORP 19,233    
WILLIAMS REFG & MKTG LLC 18,628    
CENEX HARVEST STATES COOP 16,827    
SHELL CHEM LP 16,766    
DIAMOND SHAMROCK REFG & MKTG 15,522 2,415 16%    
LION OIL CO 12,508 12,508 100%    
SHELL US TRADG CO 12,161    
CROWN CENTRAL PETRO CORP 11,774    
ULTRAMAR INC 11,249 632 6%    
HUNT CRUDE OIL SUPPLY CO 10,627 5,370 51%    
SINCLAIR OIL CORP 10,460    
TPI PETRO INC 9,805 7,515 77%    
GIANT YORKTOWN INC 9,007    
FINA OIL & CHEM CO 8,882 4,039 45%    
FRONTIER OIL & REFG 8,438    
ERGON REFG INC 6,638    
STRATEGIC PETRO RESERVE 5,767    
KOCH SUPPLY & TRDG CO 5,656 1,039 18%    
TRIGEANT LTD 5,421    
VITOL S A INC 4,667    
SHELL OIL PRODTS US 4,499    
BAYOIL USA INC 3,462 3,462 100%    
EDGINGTON OIL CO 3,235    
FARMLAND INDUS INC CRA 2,553    
MONTANA REFG CO 2,183    
NEXEN MKTG 1,903    
FLYING PETRO INC 1,653    
STATOIL MKTG & TRDG (US) INC 1,096    
MORGAN STANLEY CAPITAL GRP INC 1,074    
HUSKY TRDG CO 1,004    
NCRA 971    
ATLANTIC TRDG & MKTG INC 948    
EQUILON ENTERPRISES LLC 882    
CANNAT ENERGY INC 664    
HESS ENERGY TRADING CO LLC 548    
MARQUEST LTD PTNRSHP 406    
EQUISTAR CHEMICALS LP 252    
TEXACO REFG & MKTG INC 110    
Persian Gulf includes = Bahrain, Iran, Iraq, Kuwait, Qatar, Saudi Arabia, and United Arab Emirates.
   
* More web site links will be added as they are available.
 
 
Part B: Change notes since 2001
 
  1. Sunoco was not the 2001 report. We do not yet know if this was oversight or perhaps is Sunoco only used domestic oil in 2001. We will update our report as the information becomes available.
  2. Shell is connected to a Saudi Arabian company is expected to import a large percentage of oil from the Persian Gulf
  3. Citgo Petroleum is owned by the Venezuelan state oil company, and is therefore not expected to import a large percentage from the Persian Gulf, since most of their imports likely come from Venezuela.
  4. Exxon-Mobile had a 60% increase in Persian Gulf oil imports.
  5. Marathon dramatically reduced its Persian Gulf oil imports.
  6. ARCO's increase of 310% may be a result of a merger into BP Amoco.
 
 
Part C: How oil moves around without country of origin tags - Domestic Oil Production notes:
 
  1. Oil is a fungible commodity, meaning the origin of the oil cannot always be determined by just looking at it. Once oil leaves the ground, there is no way to determine where it came from, even with all the quality grades of crude oil. This is a concern when oil is traded after it is imported.
  2. Domestic oil producers generally sell long-term contracts with refineries that produce gasoline. If the domestic producers do not have enough oil to fill supply contracts, they may purchase foreign oil to make up for their supply contract shortages.
  3. Independent refineries sell "unbranded fuels" to retailers, thus some gasoline retailers may sell fuels from multiple sources under their own name. Not all refineries are owned the by gasoline retailers.
  4. Oil is also used in the manufacturing of road and roof asphalt, plus a variety of other products, including foam cups; therefore not all oil is used for gasoline, thus accounting for some of the smaller importing companies.
  5. In some cases, oil may be sold after it is imported and production may result in.
  6. The EIA does not collect data on the source of the gasoline sold at retail outlets.
 
 
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 ©2002 Boycott Watch