Page added on June 22, 2006
(AP) – Just two Arab countries have supplied more than 50 percent of California’s imported oil over the past five years, a dependence that leaves the state more vulnerable than the rest of the country to disruptions in the world oil markets.
The finding, based on an analysis of state and federal crude oil import statistics, underscores the challenges confronting both California – the biggest gas-consuming state in the U.S. – and the country as a whole as lawmakers grapple with consumer outrage over high prices at the pump and a U.S. deficit that has widened on the back of high crude prices.
Santa Barbara News-Press
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