Infographic | North America's Role in the US Energy Market

Rising prices for American oil. Concept - filling the USA reserves of crude oil. Oil pumping tower on background of the flag. Charts symbolize rising petroleum prices. U.S. hydrocarbon market. USO

The percentage of US oil imports from OPEC has seen a decline since 1977, allowing Mexico and Canada to surge as the two main sources of the US for petroleum and crude oil. According to the U.S Energy Information Administration, the two main sources of total petroleum imports in 2021 were Canada, with 51% and Mexico with 8%. Furthermore, the International Trade Administration expects Mexico to have a 2.7% increase in oil exports in 2022. This infographic by Mexico Institute Intern Itzel Monserrat Vargas Márquez highlights two main ways in which Mexico is growing as oil producer in the global market. 


Mexico Institute

The Mexico Institute seeks to improve understanding, communication, and cooperation between Mexico and the United States by promoting original research, encouraging public discussion, and proposing policy options for enhancing the bilateral relationship. A binational Advisory Board, chaired by Luis Téllez and Earl Anthony Wayne, oversees the work of the Mexico Institute.   Read more

Mexico Institute