Maps and Data - U.S. Production, Consumption, and Trade of Petroleum Products

This chart shows trends in total U.S. petroleum product production, consumption, and trade from 1949 to 2019. Consumption has risen fairly steadily overall, with notable drops following the oil price shocks and supply disruptions of 1974, 1979, and 2008. Since the economic recession of 2008, consumption has stayed relatively constant for the first extended period in the past 60 years. Petroleum imports peaked in 2005 and have since been declining, partly because of increased domestic production and more stringent vehicle fuel economy standards. Net imports are on a trajectory that is likely to go negative in the near future, meaning that the U.S. would become a net exporter.

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