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||Mar-01||Mar-02|
|Total (thousand barrels per day)||19,892||19,074|
|Total petroleum products supplied percent change from same month previous year||3.51||-4.11|
|Net Petroleum Imports||Mar-01||Mar-02|
|Total (thousand barrels per day)||10,996||9,701|
|Net petroleum imports percent change from same month previous year||11.15||-11.78|
|U.S. Petroleum Production||Mar-01||Mar-02|
|Total (thousand barrels per day)||8,102||8,183|
|U.S. petroleum production percent change from same month previous year||-1.86||1.00|
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, April 2002, Available at: http://www.eia.doe.gov/mer.