North Dakota Now Produces More Oil Than Crude Imports from Nigeria and Colombia for First Time
"The trend of declining crude oil imports into the United States continued in the first month of 2012. There has been a particularly sharp decline in imports from Nigeria due to the idling in late 2011 of two refineries on the East Coast, which were significant buyers of Nigerian crude, and reduced imports by refiners on the Gulf Coast. Prior to the idling of the refineries, Nigeria typically accounted for about 10% of the crude oil imported into the United States; in January, that share dropped to about 5%.
In January 2012, imports from Nigeria totaled just 449 thousand barrels per day (bbl/d), a 54% decrease from January 2011, marking the lowest monthly import total from the country since 2002. One third of this decline was the result of two idled Philadelphia-area refineries. ConocoPhillips' Trainer refinery (idled in September 2011) and Sunoco's Marcus Hook refinery (idled in December 2011) imported a combined 173 thousand bbl/d of Nigerian crude in January 2011. Most of the remaining decrease in Nigerian imports was the result of several Gulf Coast refiners reducing Nigerian imports in favor of domestically-produced crude."
MP: The chart above shows that domestic production in just the one state of North Dakota (546,000 barrels per day in January, with production for February and March estimated) now exceeds imports from Nigeria for the first time. Further, EIA crude oil import data show that North Dakota has been consistently producing more oil than imports from Colombia in every month since last June (468,000 bbl/d average in 2012).