Canada Responsible For Record 61% Of U.S. Oil Imports. Why It Matters. [Yahoo! Finance]
Chevron Corporation (CVX)
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Source: Yahoo! Finance
Canada was responsible for a record 60.88% of U.S. oil imports in 2025, the first time it or any other country had accounted for 60% of the total value in the modern era, if ever, according to my analysis of U.S. Census Bureau data. Canada's total for 2025 was $85.39 billion; the U.S. total was $140.26 billion. Through February, that percentage is running at 59.04%. While both import numbers are well off their records, given U.S. domestic production, and while Canada's overall trade has fallen three straight years, the record in the percentage matters for three reasons. First, Canada's importance to the United States as a trade partner – it ranks second only to Mexico – is heightened by the U.S. and Israeli war with Iran. That has led to the subsequent and ongoing blockage of the Strait of Hormuz and the nearly immediate steep increase in gasoline and jet fuel prices. Americans, as well as people around the world, are feeling the pain at the pump and when making airline reser
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News
- Chevron's Venezuela Opening And Hormuz Shock Reframe Valuation Debate [Yahoo! Finance]Yahoo! Finance
- Canada Responsible For Record 61% Of U.S. Oil Imports. Why It Matters. [Forbes]Forbes
- Chevron Corporation (CVX): Among the Best Crude Oil Stocks to Buy According to Analysts [Yahoo! Finance]Yahoo! Finance
- Brent Crude Dipped Below $100. Don't Bet on It Staying There. [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- Set It and Forget It: 3 Monster Dividend Stocks Worth Holding for 10 Years [Yahoo! Finance]Yahoo! Finance
CVX
Earnings
- 1/30/26 - Beat
CVX
Sec Filings
- 4/9/26 - Form 8-K
- 4/7/26 - Form ARS
- 4/7/26 - Form DEFA14A
- CVX's page on the SEC website