The Destinations for Russian Petroleum Exports

The data in the Energy Information Agency report linked below is somewhat dated, but it is hard to imagine that the values have changed very significantly over the past 5 years, unless US dependence on Russian oil was deliberately expanded between 2016 and 2021. Based on the graph below, the United States derived a scant 50,000 barrels per day of its oil supply from Russia. It is clear that China, Netherlands and Germany are most dependent on Russian oil, with China receiving nearly 1 million barrels per day from Russia. The exploitation of this oil dependence by Russia for the purpose of destroying Ukraine is nauseating, and it is additionally dispiriting to learn that banning Russia’s oil supply from America is unlikely to affect Russia’s revenues in any truly meaningful way. It is positively feasible, however, for the US to wipe out Russian oil from its supply, but it remains an open question whether, in addition to the crushing sanctions, this act will act as the straw that breaks the camel’s back.

The destinations for Russian oil as of 2016, according to US Energy Information Agency

The data are unequivocal. The US can reject Russian oil.

Source: Russia exports most of its crude oil production, mainly to Europe – Today in Energy – U.S. Energy Information Administration (EIA)

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