How much oil did the US import in 2012?
How much oil did the US import in 2012?
3.8 billion barrels
By 2012, imports had declined 22.5 percent, to a little more than 3.8 billion barrels.
How much oil did the US import in 2014?
Using the method I have used for several years (2013, 2012, & 2011) I estimate that the United States (US) spent $333 billion importing oil in 2014. That represents 1.9% of the US GDP for 2014 of $17.4 trillion.
What percentage of the US oil consumption was imported in 2012?
Crude oil from the five countries accounted for a bigger share of overall U.S. net crude oil imports in 2012 than in previous years, at almost 72%, according to EIA’s Petroleum Supply Monthly report.
How much oil has the US imported by year?
The United States was a total petroleum net exporter in 2020 and 2021. In 2021, the United States exported about 8.63 million barrels per day (b/d) and imported about 8.47 million b/d of petroleum,1 making the United States an annual total petroleum net exporter for the second year in a row since at least 1949.
How much oil did the US import in 2015?
That’s why gas is so cheap at the pump. But total energy independence is still a long way off. Yes, in 2015, the U.S. imported 1.5 billion barrels of oil less than in 2005. But imports still only covered half of the total consumption, 7 billion barrels.
How much oil did the US import in 2016?
7.9 million barrels per day
U.S. crude oil imports increased in 2016 Gross U.S. crude oil imports in 2016 rose to an average of 7.9 million barrels per day (b/d), 514,000 b/d more than the 2015 average. Net crude oil imports increased by a smaller amount (460,000 b/d), as U.S. crude oil exports rose despite a decline in U.S. crude oil production.
How much oil has the US imported in 2021?
In 2021, the United States imported about 8.47 million barrels per day (b/d) of petroleum from 73 countries. Petroleum includes crude oil, hydrocarbon gas liquids (HGLs), refined petroleum products such as gasoline and diesel fuel, and biofuels.
Does the U.S. export more oil than it imports?
Overall, the United States imports more than it exports, making it a net importer of petroleum. In 2017, imports provided 19% of the country’s demand for petroleum. Most of the petroleum imported by the U.S. is crude oil (70-80% of total petroleum imports, varying slightly from year to year).
Did the U.S. import oil in 2019?
Due to slowly changing factors such as regional oil trade patterns, existing infrastructure, regional balances of supply and demand, and other constraints, the U.S. in 2019 still imported 9.1 million b/d, 6.8 million b/d of which was crude oil.
