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TeachMeFinance.com - explain Petroleum imports Petroleum imports The term 'Petroleum imports' as it applies to the area of energy can be defined as ' Imports of petroleum into the 50 states and the District of Columbia from foreign countries and from Puerto Rico, the Virgin Islands, and other U.S. territories and possessions. Included are imports for the Strategic Petroleum Reserve and withdrawals from bonded warehouses for onshore consumption, offshore bunker use, and military use. Excluded are receipts of foreign petroleum into bonded warehouses and into U.S. territories and U.S. Foreign TradeZones'. About the author
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