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||Sep-01||Sep-02|
|Total (thousand barrels per day)||19,016||19,385|
|Net petroleum imports percent change from same month previous year||-4.44||1.94|
|Net Petroleum Imports||Sep-01||Sep-02|
|Total (thousand barrels per day)||10,993||9,882|
|U.S. petroleum production percent change from same month previous year||1.40||-10.11|
|U.S. Petroleum Production||Sep-01||Sep-02|
|Total (thousand barrels per day)||8,128||7,773|
|Total petroleum products supplied percent change from same month previous year||0.77||-4.37|
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, October 2002, Available at: http://www.eia.doe.gov/mer.