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||Jun-00||Jun-01|
|Total (thousand barrels per day)||20,054||19,274|
|Total petroleum products supplied percent change from same month previous year||1.10||-3.89|
|Net Petroleum Imports||Jun-00||Jun-01|
|Total (thousand barrels per day)||11,107||10,248|
|Net petroleum imports percent change from same month previous year||8.33||-7.73|
|U.S. Petroleum Production||Jun-00||Jun-01|
|Total (thousand barrels per day)||8,124||7,965|
|U.S. petroleum production percent change from same month previous year||0.33||-1.96|
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, June 2001, Available at: http://www.eia.doe.gov/mer.