Fact #935: July 25, 2016 By Volume, Net Petroleum Imports are at Lowest Point Since 1985

SUBSCRIBE to the Fact of the Week

Until recently, the petroleum imported into the United States (net imports) followed a similar trend to the petroleum consumed. However, from 2013 to 2015 the consumption of petroleum rose each year while petroleum imports declined. Net imports of petroleum were about 4.7 million barrels per day (mmbd) in 2015 which was more than 60% lower than the peak in 2005. The last year in which net imports were lower than 5 mmbd was 1985. The 2015 share of net imports to petroleum consumption also declined to the lowest point since 1971.

U.S. Petroleum Consumption, Net Imports, and Share of Net Imports to Petroleum Consumption, 1950-2015

Graph showing U.S. petroleum consumption, net imports, and share of net imports to petroleum consumption from 1950 to 2015.

Note: Net imports are total imports minus exports.

Fact #935 Dataset

Supporting Information

U.S. Petroleum Consumption, Net Imports, and Share of Net Imports to Petroleum Consumption, 1950-2015
YearNet Imports of Petroleum (mmbd)Petroleum Consumption (mmbd)Share of Net Imports to Petroleum Consumption
19500.556.468%
19510.427.026%
19520.527.277%
19530.637.608%
19540.707.769%
19550.888.4610%
19561.018.7811%
19571.018.8111%
19581.429.1216%
19591.579.5316%
19601.619.8016%
19611.749.9817%
19621.9110.4018%
19631.9110.7418%
19642.0611.0219%
19652.2811.5120%
19662.3712.0820%
19672.2312.5618%
19682.6113.3919%
19692.9314.1421%
19703.1614.7022%
19713.7015.2124%
19724.5216.3728%
19736.0217.3135%
19745.8916.6535%
19755.8516.3236%
19767.0917.4641%
19778.5618.4346%
19788.0018.8542%
19797.9918.5143%
19806.3617.0637%
19815.4016.0634%
19824.3015.3028%
19834.3115.2328%
19844.7215.7330%
19854.2915.7327%
19865.4416.2833%
19875.9116.6735%
19886.5917.2838%
19897.2017.3342%
19907.1616.9942%
19916.6316.7140%
19926.9417.0341%
19937.6217.2444%
19948.0517.7245%
19957.8917.7244%
19968.5018.3146%
19979.1618.6249%
19989.7618.9252%
19999.9119.5251%
200010.4219.7053%
200110.9019.6555%
200210.5519.7653%
200311.2420.0356%
200412.1020.7358%
200512.5520.8060%
200612.3920.6960%
200712.0420.6858%
200811.1119.5057%
20099.6718.7751%
20109.4419.1849%
20118.4518.8845%
20127.3918.4940%
20136.2418.9633%
20145.0719.1127%
20154.6519.4024%

Source:
Energy Information Administration, Monthly Energy Review, April 2016, Table 3.3a.

Return to 2016 Facts of the Week