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||May-01||May-02|
|Total (thousand barrels per day)||19,491||19,498|
|Total petroleum products supplied percent change from same month previous year||-0.58||0.04|
|Net Petroleum Imports||May-01||May-02|
|Total (thousand barrels per day)||11,130||10,462|
|Net petroleum imports percent change from same month previous year||5.41||-6.00|
|U.S. Petroleum Production||May-01||May-02|
|Total (thousand barrels per day)||8,171||8,144|
|U.S. petroleum production percent change from same month previous year||-0.31||-0.33|
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 2002, Available at: http://www.eia.doe.gov/mer.