The United States relied on net imports (imports minus exports) for about 45% of the petroleum (crude oil and petroleum products) that the country consumed in 2011. Just over half of these imports came from the Western Hemisphere. This dependence on foreign petroleum has declined since peaking in 2005.
The United States consumed 18.8 million barrels per day (MMbd) of petroleum products during 2011, making it the world's largest petroleum consumer. The United States was third in crude oil production at 5.7 MMbd. But crude oil alone does not constitute all U.S. petroleum supplies. Significant gains occur, because crude oil expands in the refining process, liquid fuel is captured in the processing of natural gas, and there are other sources of liquid fuel, including biofuels. These additional supplies totaled 4.6 MMbd in 2011.
The United States imported 11.4 MMbd of crude oil and refined petroleum products in 2011. The country also exported 2.9 MMbd of crude oil and petroleum products, so the net imports (imports minus exports) equaled 8.4 MMbd.
In 2011, the United States imported 2.4 MMbd of petroleum products such as gasoline, diesel fuel, heating oil, jet fuel, and other products while exporting 2.9 MMbd of products, making the United States a net exporter of petroleum products.
Over Half of U.S. Petroleum Imports Come from the Western Hemisphere
Some may be surprised to learn that 52% of U.S. crude oil and petroleum products imports came from the Western Hemisphere (North, South, and Central America, and the Caribbean including U.S. territories) during 2011. About 22% of the imports of crude oil and petroleum products came from the Persian Gulf countries of Bahrain, Iraq, Kuwait, Qatar, Saudi Arabia, and United Arab Emirates. The U.S. largest sources of net crude oil and petroleum product imports were Canada and Saudi Arabia.
Top Sources of Net Crude Oil and Petroleum Product Imports:
- Canada (29%)
- Saudi Arabia (14%)
- Venezuela (11%)
- Nigeria (10%)
- Mexico (8%)
It is usually impossible to tell whether the petroleum products you use came from domestic or imported sources of oil once they are refined.
SOURCE: U.S. Energy Information Administration (http://www.eia.gov)
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