U.S. Petroleum Supply and Usage Data (except where noted)

Gallons of Oil per Barrel

42

U.S. Crude Oil Production

5,681,000 Barrels / Day

U.S. Crude Oil Imports

9,665,000 Barrels / Day

U.S. Crude Oil Imports from OPEC

4,578,000 Barrels / Day

Top U.S. Crude Oil Supplier

Saudi Arabia - 1,726,000 Barrels / Day

U.S. Petroleum Product Imports

2,599,000 Barrels / Day

U.S. Petroleum Product Imports from OPEC

584,000 Barrels / Day

Top U.S. Total Petroleum Supplier

Canada - 2,072,000 Barrels / Day

U.S. Total Petroleum Exports

1,027,000 Barrels / Day

U.S. Net Petroleum Imports

11,238,000 Barrels / Day

U.S. Petroleum Consumption

20,034,000 Barrels / Day

Dependence on Net Petroleum Imports 

56.10%

Crude Oil Domestic First Price (Wellhead Price)

$27.56 / Barrel

Motor Gasoline Retail Prices, U.S. City Average

$1.64 / Gallon

Federal Motor Gasoline Tax

18.4 Cents/Gallon

U.S. Motor Gasoline Consumption

375.3 Million Gallons Daily

Share of US Oil Consumption for Transportation

68%

Number of U.S. Operable Petroleum Refineries

149

U.S. Proved Reserves of Crude Oil as of December 31, 2002

22,677 million barrels

U.S. Strategic Petroleum Reserve

639 Million Barrels

Figure 2.1 – U.S. Petroleum Supply and Usage Source: http://www.eia.doe.gov/