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 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.