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||Dec-00||Dec-01|
|Total (thousand barrels per day)||20,814||19,062|
|Total petroleum products supplied percent change from same month previous year||1.54||-8.42|
|Net Petroleum Imports||Dec-00||Dec-01|
|Total (thousand barrels per day)||10,958||9,867|
|Net petroleum imports percent change from same month previous year||24.04||-9.96|
|U.S. Petroleum Production||Dec-00||Dec-01|
|Total (thousand barrels per day)||7,750||8,180|
|U.S. petroleum production percent change from same month previous year||-6.84||5.54|
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, February 2002, Available at: http://www.eia.doe.gov/mer.