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About 5.9 to 6.9% of US oil supply came from Venezuela from July to September 2008. I can only give you an approximate answer because both US consumption and Venezuela production varies month to month. The US recession and OPEC cuts will add to the variability. It is possible if the economic downturn worsens, less oil will be imported. Data are available from: http://www.eia.doe.gov/oil_gas/petroleum/info_glance/petroleum.htm Note that approximately 58% of our supply is imported. However. I am using as the basis, the supply of oil that goes to refineries per the US DOE website. There appears to be a downward trend in these numbers, as the July 2008 imports were 41.5 million barrels per month or 6.9% of the total supply and September was 31.5 million barrels per month of 5.9% of the total supply. Since OPEC has cut back further, we may see this trend continue.
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What are the two major exports of Venezuela?
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