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.