| Supply Related |
| U.S.
Crude Oil Production |
5,064,000 barrels/day |
| U.S.
Crude Oil Imports |
10,031,000 barrels/day |
| U.S.
Petroleum Product Imports |
3,437,000 barrels/day |
| U.S.
Net Petroleum Imports |
12,036,000 barrels/day |
| Dependence
on Net Petroleum Imports |
58.2% |
| Top
U.S. Crude Oil Supplier |
Canada - 1,888,000 barrels/day |
| Top
U.S. Total Petroleum Supplier |
Canada - 2,455,000 barrels/day |
| U.S.
Crude Oil Imports from OPEC |
5,980,000 barrels/day |
| U.S.
Petroleum Product Imports from OPEC |
592,000 barrels/day |
| State
Ranking of Crude Oil Production |
Texas - 1,087,000 barrels/day |
| Top
U.S. Producing Companies (2006) |
BP - 586,000 barrels/day |
| Top
U.S. Oil Fields by Production (2006) |
Prudhoe Bay, AK |
| Top
Oil Producing Countries & Exporters |
#1 - Saudi Arabia (10,665 bbls/day in 2006) |
| Top
Oil Consuming Countries & Importers |
#1 - United States (20,680 bbls/day) |
Disposition Related |
| U.S.
Petroleum Consumption |
20,680,000 barrels/day |
| U.S.
Motor Gasoline Consumption |
9,286,000 barrels/day (390 million gallons/day) |
| Share of
US Oil Consumption for Transportation |
70% |
| U.S.
Total Petroleum Exports |
1,433,000 barrels/day |
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Price Related |
| Crude
Oil Domestic First Price (2007 wellhead price) |
$66.52/barrel |
| Motor
Gasoline Retail Prices (2007 U.S. City Average)
|
$2.85/gallon |
| Regular
Grade Motor Gasoline Retail Prices (2007 U.S. City Average) |
$2.80/gallon |
| Premium
Motor Gasoline Retail Prices (2007 U.S. City Average) |
$3.03/gallon |
| Federal
Motor Gasoline Tax |
18.4 cents/gallon |
| U.S.
Average Home Heating Oil Price |
$2.59/gallon (excluding taxes) |
Refining and Reserves |
| Number
of U.S. Operable Petroleum Refineries |
150 |
| U.S. Refiners Ranked Capacity (1/1/2008) |
#1 - Baytown, Texas (ExxonMobil) 567,000 barrels/day |
| Top
U.S. Petroleum Refining States |
#1 - Texas 4,509,196 barrels/day |
| U.S.
Proved Reserves of Crude Oil as of December
31, 2006 |
20,972 million barrels |
| U.S.
Strategic Petroleum Reserve |
697 million barrels |
World |
| Total World Oil Production (2005) |
82,532,000 barrels/day |
| Total World Petroleum Consumption (2005) |
83,607,000 barrels/day |
| Barrels
of Oil per Metric Ton |
|
Measures |
| Gallons
of Oil per Barrel |
42 |
| Barrels
of Oil per Metric Ton (U.S.) |
7.33 |
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Petroleum Data & Information... |
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