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Petroleum Industry Statistics

The American Petroleum Institute maintains statistics on the industry. Here are statistics for July 2010.

  • The total petroleum products delivered to the domestic market was 19,319,000 barrels per day.
  • U.S. petroleum imports amounted to 12,675,000 barrels per day.
  • Persian Gulf petroleum imports accounted for 20.1 percent of total petroleum imports in the U.S.
  • U.S. crude oil production at the same time was 5,288,000 barrels of oil per day, of which approximately 430,000 barrels was from Alaska.
  • The average number of active drilling rings in the U.S. was 1,541 for the entirety of 2010

In May 2011, oil imports to the United States came from the following:

Country

Barrels per day

Percent of Total Imports

Canada

2,207,000

24.4

Saudi Arabia

1,192,000

13.2

Venezuela

981,000

13.2

Nigeria

834,000

10.9

Mexico

704,000

9.2

Russia

677,000

7.5

Iraq

407,000

4.4

Algeria

393,000

4.4

Colombia

393,000

4.4

Angola

356,000

3.9

Compared to the U.S., the UK consumed approximately 1.6 million barrels of oil per day in 2011. Until 2005, the UK was a net exporter of oil. The change in import/export status was a result of diminishing oil production and not due to increased utilization. Following 2005, the U.K. imported oil as follows:

Location

Percentage of Total

Middle East

2

Western Hemisphere

4

Norway

70

Africa

7

Other

17