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List four countries to which the oil was transported?
Four countries to which oil is transported are the United States of America, China, India, and Japan. The US and China are the top importers of crude oil.
This country has crude oil reserves?
Lots of countries have crude oil reserves. Russia, Saudi Arabia, the US, and Iran have the most crude oil reserves.
Does the US get oil from Libya?
Yes, Libya is one of the top 20 suppliers of crude oil to the U.S.
Which US state is a top producer of oil?
Texas is America's top producer of oil.Texas.Texas produces the most crude oil in the US; about 400 million barrels annually.
Is crude oil in US gallons or Canadian gallons?
The Crude oil is in US gallons.
How gal in a barrel of CRUDE oil?
There are 42 US gallons of crude oil in one barrel.
Does the US export crude oil?
Yes. The US exports about 9.9 million barrels of crude oil per week.
How many gallons of crude are in 1 barrel of crude?
1 barrel of crude oil equals 42 US gallons of crude oil.
How many barrels of crude oil are produced a day in the US?
The US produces about 5 million barrels of crude oil per day.
What is the size of a barrel of crude oil?
A standard barrel of crude oil is equivalent to 42 US gallons or approximately 159 liters.
What is the relationship between the price of crude oil and the US dollar?
In short, weakening of the US dollar, e.g., due to the weakening US economy, causes crude oil prices to go up. Strengthening dollar makes the price of crude oil to decrease. It is explained by the Purchasing Power Parity theory, which assumes that the producers of crude oil should get the same price for oil in their own currency, after exchanging dollars they receive for crude oil.
Are barrels of crude oil transported into the us in 42 gal barrels?
No, crude oil is transported into the US via pipelines or by massive oil tankers also known as "supertankers."
