U.S. DEPENDENCE ON OIL IMPORTS

U.S. DEPENDENCE ON OIL IMPORTS

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U.S. Petroleum Production, Products Supplied, and Net Imports (monthly data, not seasonally adjusted)

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 Jul-01 Jul-02
Total (thousand barrels per day) 19,919 19,689
Total petroleum products supplied percent change from same month previous year   1.13  -1.15

 

Net Petroleum Imports Jul-01 Jul-02
Total (thousand barrels per day) 10,881 10,143
Net petroleum imports percent change from same month previous year   1.81  -6.78

 

U.S. Petroleum Production Jul-01 Jul-02
Total (thousand barrels per day) 8,066 8,157
U.S. petroleum production percent change from same month previous year -0.09  1.13

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, August 2002, Available at: http://www.eia.doe.gov/mer.