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Basic
Petroleum Statistics
Information taken from US Energy Information
Administration April, 2006
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Gallons of Oil per Barrel |
42
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Barrels of Oil per Metric Ton (U.S.) |
7.33
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U.S. Crude Oil Production |
5,419,000 barrels/day |
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State Ranking of Crude Oil Production |
Texas - 1,073,000 barrels/day |
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U.S. Crude Oil Imports |
10,088,000 barrels/day |
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U.S. Crude Oil Imports from OPEC |
5,042,000 barrels/day
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Top U.S. Crude Oil Supplier |
Canada - 1,616,000 barrels/day
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U.S. Petroleum Product Imports |
3,057,000 barrels/day |
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U.S. Petroleum Product Imports from OPEC |
659,000 barrels/day
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U.S. Net Petroleum Imports |
12,097,000 barrels/day |
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Top U.S. Total Petroleum Supplier |
Canada - 2,138,000 barrels/day
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Top Oil Producing Countries & Exporters |
#1 - Saudi Arabia |
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Top Oil Consuming Countries & Importers |
#1 - United States |
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U.S. Total Petroleum Exports |
1,048,000 barrels/day |
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U.S. Petroleum Consumption |
20,731,000 barrels/day |
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Dependence on Net Petroleum Imports (2005) |
59.8%
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Crude Oil Domestic First Price
wellhead price |
$71.62/barrel
(as of 06/12/2006)
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Motor Gasoline Retail Prices
U.S. City Average |
$2.34/gallon
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Regular Grade Motor Gasoline Retail Prices U.S. City Average (2005) |
$2.30/gallon
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Premium Motor Gasoline Retail Prices U.S. City Average (2005) |
$2.49/gallon
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Federal Motor Gasoline Tax |
18.4 cents/gallon
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U.S. Motor Gasoline Consumption |
9,105,000 barrels/day (382.4 million
gallons/day)
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Share of US Oil Consumption for Transportation |
67%
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U.S. Average Home Heating Oil Price (2005) |
$2.05/gallon (excluding taxes)
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Number of U.S. Operable Petroleum Refineries |
148
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Ranking of U.S. Refining Capacity |
#1 - Baytown, Texas (ExxonMobil) 557,000 barrels/day |
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Top U.S. Petroleum Refining States |
#1 - Texas 4,628,000 barrels/day |
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U.S. Proved Reserves of Crude Oil as of December 31, 2004 |
21,371 million barrels
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Top U.S. Oil Fields
as of December 31, 2004 |
Prudhoe Bay, AK
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Top U.S. Producing Companies
as of December 31, 2004 |
BP - 827,000 barrels/day
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U.S. Strategic Petroleum Reserve |
676 million barrels
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What is
refined from a Barrel of Oil
A barrel of Petroleum Crude Oil is 42 US gallons.
Gasoline (Motor Fuel) 45.0%
Distillate Fuel Oil 25.6%
- Home Heating Oil
- Diesel Fuel
- Refinery Fuels
- Industrial Fuels
Kerosene Jet Fuel 9.8%
Petroleum Coke 5.5%
- Carbon Electrodes
- Coke (fuel)
Still Gas (refinery fuel) 4.4%
Residual Fuel Oils 4.3%
- Boiler fuels
- Refinery fuels
- Bunker Fuels
- IFO?s (Industrial Fuel Oils)
- MFO?s (Marine Fuel Oils)
- Wood preservatives
Liquefied Refinery Gases 3.6%
- Petrochemical Feedstocks
- Heating
- Cooking
- Synthetic materials (rubber)
Asphalt and Road Oil 3.1%
- Paving
- Roofing
- Waterproofing
Petrochemical Feedstocks 2.4%
- Alcohols (not for consumption)
- Resins
- Fibers
- Medicines
- Cosmetics
- Plastics
- Detergents
Lubricants 1.1%
- Motor Oil
- Lubricating Oils
- Transmission Oils
- Household Oils
- Spindle Oils
- Greases
Kerosene .05%
-
Illumination
-
Space Heating
-
Cooking
-
Motor Fuel
Special Naphtha?s 0.2%
Aviation Gasoline 0.1%
Waxes .01%
- Fruits
- Vegetables
- Candy
- Chewing Gum
- Candles
- Matches
- Crayons
- Pencils
- Sealing Wax
- Canning Wax
Miscellaneous Products 0.4%
- Specialty oils
- Machinery oils
- Petroleum jelly
- Acids
- Fertilizers
- Ointments
- Food processing
Note: Due processing gains made during the refining
processes the percentages add up to more than 100%.
Source: US Energy
Information Administration
Copyright June, 2006 - William R. Richards
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