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)
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.
| Total Petroleum Products Supplied | May-00 | May-01 |
|---|---|---|
| Total (thousand barrels per day) | 19,345 | 19,077 |
| Total petroleum products supplied percent change from same month previous year | 3.42 | -1.39 |
| Net Petroleum Imports | May-00 | May-01 |
|---|---|---|
| Total (thousand barrels per day) | 10,125 | 10,836 |
| Net petroleum imports percent change from same month previous year | -4.45 | 7.02 |
| U.S. Petroleum Production | May-00 | May-01 |
|---|---|---|
| Total (thousand barrels per day) | 8,174 | 7,940 |
| U.S. petroleum production percent change from same month previous year | -0.13 | -2.86 |
SOURCE: U.S. Department of Energy, Energy Information Administration, Monthly Energy Review, June 2001, Available at: http://www.eia.doe.gov/mer.
NOTE: Petroleum products supplied is a proxy for consumption.