Question: If we're only spending $96 billion on OPEC oil annually, how can Kerry suggest that we spend at least $730 billion per year on overseas oil?

Transforming our power (Sen. John Kerry) - The Hill's Congress Blog

[Kerry] And, oh yes, we're sending billions of dollars a day overseas [ie, at least $730 billion per year!?], with the global oil market enriching some of the most autocratic and anti-American regimes around the world.

Earth Day, the Sequel - Dot Earth Blog - NYTimes.com

$96 billion to OPEC countries a year

ENERGY AND THE ENVIRONMENT: MYTHS AND FACTS UPDATE

According to the Energy Information Administration (EIA),[1] the statistical agency of the Department of Energy, the U.S. imported 58.2 percent of its petroleum (including crude oil) in 2007,[2] yet only 16.1 percent of all imports came from Persian Gulf countries.[3] This figure is noteworthy, considering the oft-repeated refrain that the U.S. is held hostage by Middle East oil.