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US oil production, imports, & exports Oil imports by country US natural gas production, imports, and exports US energy product trade, 2000–2017 Trend of net energy imports into the United States, 1985–2013 Sources of crude oil imports, 1985–2015. United States energy independence is the concept of eliminating or substantially reducing ...
Crude oil production in barrels of oil a day (average for the month) US oil production, imports, & exports Oil product imports by country US natural gas production, imports, and exports Top 8 oil companies quarterly net income or net loss Oil production by state 2021 US energy consumption, by source, 1776–2024.
Other major exporters of petroleum in that year included the United States, Canada and United Arab Emirates. In 2022, Saudi Arabia also had the largest oil export value in US dollar terms by far. Many of these countries also import oil, and some import more oil than they export, this is known as an oil export deficit.
U.S. net crude oil imports are forecast to fall by 20% next year to 1.9 million barrels per day, their lowest since 1971, the Energy Information Administration said on Tuesday, pointing to higher ...
The following is a list and analysis of exports from the United States in United States dollars. [1] [2] The United States exported $3,051.8 billion worth of goods and services in 2023, up $396.4 billion from 2022. Exports of goods decreased by $37.2 billion while exports of services increased by $70.6 billions.
Source: EIA. 2. Imports from world regions Many politicians tout "North American" energy independence as an achievable goal in the coming years, and the chart below indicates why.
Total imports peaked in 2005, when they represented 30% of total consumption. A consistent decline occurred over the next 15 years, as oil production doubled and domestic use receded. This allowed the United States to be a net exporter of energy for the first time in 70 years. As of 2021, the US net exports 3.9% of energy production. [18]
Exports of goods and services (US$ million) by country [1] Country Exports Year Top goods export (2021) [2] [needs update] China: 3,511,248 2023 Broadcasting equipment United States: 3,051,824 2023 Petroleum Germany: 2,104,251 2023 Cars United Kingdom: 1,074,781 2023 Gold France: 1,051,679 2023 Packaged medications Netherlands: 949,983 2023 ...