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 Apr-01 Apr-02
Total (thousand barrels per day) 19,591 19,446
Total petroleum products supplied percent change from same month previous year   4.12  -0.74

 

Net Petroleum Imports Apr-01 Apr-02
Total (thousand barrels per day) 11,361 10,399
Net petroleum imports percent change from same month previous year   8.96  -8.47

 

U.S. Petroleum Production Apr-01 Apr-02
Total (thousand barrels per day) 8,042 8,120
U.S. petroleum production percent change from same month previous year -2.31  0.97

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