U.S. DEPENDENCE ON OIL IMPORTS

U.S. DEPENDENCE ON OIL IMPORTS

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

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 Jun-01 Jun-02
Total (thousand barrels per day) 19,561 19,636
Total petroleum products supplied percent change from same month previous year  -2.46   0.38

 

Net Petroleum Imports Jun-01 Jun-02
Total (thousand barrels per day) 10,756 10,397
Net petroleum imports percent change from same month previous year  -3.16  -3.34

 

U.S. Petroleum Production Jun-01 Jun-02
Total (thousand barrels per day) 8,062 8,167
U.S. petroleum production percent change from same month previous year -0.54  1.30

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, July 2002, Available at: http://www.eia.doe.gov/mer.