United States Oil

Oil Reserves in the United States

See also: List of countries by Oil Reserves

the United States holds 35,230,000,000 barrels of proven oil reserves in the world as of 2016, ranking #11 in the world and accounting for about 2.13% of the world's total oil reserves of 1,650,585,140,000.

the United States has proven reserves equivalent to 4.9 times its annual consumption levels. This means that, without imports, there would be about 5 years of oil left (at current consumption levels and excluding unproven reserves).

History of Oil Reserves in the United States

Oil Consumption in the United States

See also: List of countries by Oil Consumption

• the United States consumes 19,687,287 barrels per day (B/d) of oil as of the year 2016.
• the United States ranks #1 in the world for oil consumption, accounting for about 20.27% of the world's total consumption of 97,103,871 barrels per day.
• the United States consumes 2.51 gallons of oil per capita every day (based on the 2016 population of 329,179,427 people), or 917 gallons per capita per year (22 barrels). [1 barrel = 42 US Gallons]

Oil Production in the United States

See also: List of countries by Oil Production

• the United States produces 14,837,640 barrels per day of oil (as of 2016) ranking #1 in the world.
• the United States produces every year an amount equivalent to 15.37% of its total proven reserves (as of 2016).

Oil Imports

• the United States imports 37% of its oil consumption (7,259,000 barrels per day in 2016).

History of Oil Consumption and Production