US fuel exports to Venezuela go through the roof

US total fossil fuel exports to Venezuela

Venezuela fuel imports from USA in barrels a day, click to enlarge

The United States of America sold the Bolivarian Republic of Venezuela 5,882,000 barrels of refined products in the month of September, dwarfing the worst period of the 2002-03 oil sabotage. Here’s the breakdown by product:

US exports to Venezuela by product Sept 2012

US exports to Venezuela by product Sept 2012, click for full size

There’s no way to know what Venezuela spent on that, since some of it probably came from Citgo on favorable terms. But at market price, that’s somewhat more than a half-billion dollars worth of products.

The good news is that there are no social programs or other needs in Venezuela that could have benefited more from that money.

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2 Comments

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2 responses to “US fuel exports to Venezuela go through the roof

  1. Kepler

    OK, I read 4 times your last sentence. I got it now. It’s really…argh

  2. It’s a lot, some 200,000 barrels per day, twice as much as shown for August. Clearly a consquence of the Amuay explosion.