How much oil consumed by the United States comes from foreign countries?.How much petroleum does the United States import and export?.What countries are the top producers and consumers of oil?.Does EIA have data on the type or quality of crude oil?.How many alternative fuel and hybrid vehicles are there in the United States?.Does EIA have forecasts or projections for energy production, consumption, and prices for individual states?.How many gallons of gasoline and diesel fuel are made from one barrel of oil?.What are petroleum products, and what is petroleum used for?.What is the difference between crude oil, petroleum products, and petroleum?.Does the world have enough oil to meet our future needs?.How much shale (tight) oil is produced in the United States?.What types and amounts of energy are produced in each state?.How much oil is consumed in the United States?.What is the outlook for home heating fuel prices this winter?.How much coal, natural gas, or petroleum is used to generate a kilowatthour of electricity?.What do I pay for in a gallon of gasoline and diesel fuel?.Does EIA have data on the movement (transport) of crude oil, petroleum products, fuel ethanol, and biodiesel by rail?.When was the last refinery built in the United States?.Last updated: May 1, 2023, with most recent data available. Learn more: Energy Explained: Where our oil comes from Energy Information Administration, International Energy Statistics, Total oil (petroleum and other liquids) consumption, as of December 8, 2022 The 10 largest oil 1 consumers and share of total world oil consumption in 2021 2 Countryġ Oil includes crude oil, all other petroleum liquids, and biofuels. Energy Information Administration, International Energy Statistics, Total oil (petroleum and other liquids) production, as of May 1, 2023 2 Production includes domestic production of crude oil, all other petroleum liquids, and biofuels and refinery processing gain. The 10 largest oil 1 producers and share of total world oil production 2 in 2022 3 Countryġ Oil includes crude oil, all other petroleum liquids, and biofuels. ![]() Other sources used to inform these estimates include data from major producing companies, international organizations (such as the International Energy Agency), and industry publications, among others.What countries are the top producers and consumers of oil? Russian data mainly come from the Russian Ministry of Oil, which publishes crude oil and condensate numbers. Saudi Arabia's crude oil and other liquids production data are EIA internal estimates. By comparison, Russia and Saudi Arabia have maintained relatively steady crude oil production growth in recent years. However, after crude oil prices increased in early 2016, investment and production began increasing later that year. producers reducing their costs and temporarily scaling back crude oil production. The oil price decline in mid-2014 resulted in U.S. Much of the recent growth has occurred in areas such as the Permian region in western Texas and eastern New Mexico, the Federal Offshore Gulf of Mexico, and the Bakken region in North Dakota and Montana. ![]() crude oil production, particularly from light sweet crude oil grades, has rapidly increased since 2011. crude oil production will continue to exceed Russian and Saudi Arabian crude oil production for the remaining months of 2018 and through 2019. In June and August, the United States surpassed Russia in crude oil production for the first time since February 1999.Īlthough EIA does not publish crude oil production forecasts for Russia and Saudi Arabia in STEO, EIA expects that U.S. crude oil production exceeded that of Saudi Arabia for the first time in more than two decades. ![]() The United States likely surpassed Russia and Saudi Arabia to become the world’s largest crude oil producer earlier this year, based on preliminary estimates in EIA’s Short-Term Energy Outlook (STEO). The total for Saudi Arabia includes only crude oil EIA estimates that crude oil and condensate production in Saudi Arabia averaged 10.5 million b/d in August 2018. Energy Information Administration, Short-Term Energy Outlook Note: Production for the United States and Russia includes crude oil and condensate.
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