Alaska’s crude oil production peaked in 1988 at about 738 million barrels, which was equal to about 25% of total U.S. oil production.  In 2007, it was about 264 million barrels, or about 14% of total U.S. production.

Since the Trans-Alaska Pipeline System from the North Slope of Alaska was finished 1977, about 96% of total Alaskan production has come from the North Slope. The rest comes from Southern Alaska.

Most Alaskan oil has gone to refineries in Alaska, California, Hawaii, and Washington. Relatively small amounts were shipped to Puerto Rico, the U.S. Virgin Islands, and foreign countries.

Export of oil transported in the Trans-Alaska Pipeline System was banned until 1996.  Between 1996 and 2004, a total of about 95.49 million barrels of crude oil, equal to 2.7% of Alaskan production during that period, was exported to foreign countries.  As of August 2008, no Alaskan oil has been exported since 2004. 

Alaskan Oil Exports 1996 to 2004
Destination	Amount (in million barrels)
South Korea	46.15
Japan	24.51
China	16.52
Taiwan	8.31
Total Exports	95.49
Total Alaskan Production 1996 to 2004	3,549 million barrels

Data on crude oil production in Alaska
Data on the movement and shipment of Alaskan oil to the Lower 48 States

Assuming that the world’s production of crude oil in 2006 of about 26.8 billion barrels continues at the same level into the future, then the estimated world proved oil reserves at the end of 2006 of about 1,317 billion barrels of oil will last about 49 years.

However, if crude oil production increases through 2030 according to EIA’s 2008 forecast, then 45% of the estimated world proved oil reserves at the end of 2006 will remain in 2030, as opposed to 51% with flat production.

• International Energy Annual contains historical data on oil reserves and production
• International Energy Outlook 2008 includes EIA’s forecast for energy supply and consumption