U.S. DEPENDENCE ON OIL IMPORTS

U.S. DEPENDENCE ON OIL IMPORTS

U.S. Petroleum Production, Products Supplied, and Net Imports (monthly data, not seasonally adjusted)

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U.S. Petroleum Production, Products Supplied, and Net Imports (monthly data, not seasonally adjusted). If you are a user with a disability and cannot view this image, please call 800-853-1351 or email answers@bts.gov for further assistance.

The United States now imports more petroleum than it produces domestically. U.S. dependence on foreign sources for a product of such critical importance to the U.S. economy and society has prompted national security concerns.

NOTE: Petroleum products supplied is a proxy for consumption.

Total Petroleum Products Supplied Feb-01 Feb-02
Total (thousand barrels per day) 19,597 19,479
Total petroleum products supplied percent change from same month previous year  -0.20  -0.60

 

Net Petroleum Imports Feb-01 Feb-02
Total (thousand barrels per day) 10,447 9,625
Net petroleum imports percent change from same month previous year   3.10 -7.87

 

U.S. Petroleum Production Feb-01 Feb-02
Total (thousand barrels per day) 7,951 8,344
U.S. petroleum production percent change from same month previous year -3.36  4.95

NOTE: The current value is compared to the value from the same period in the previous year to account for seasonality.

SOURCE: U.S. Department of Energy, Energy Information Administration, Monthly Energy Review, March 2002, Available at: http://www.eia.doe.gov/mer.