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 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.