Frequently Asked Questions (FAQs) - U.S. Energy Information Administration (EIA) (2024)

In 2022, the United States imported about 8.33 million barrels per day (b/d) of petroleum from 80 countries. Petroleum includes crude oil, hydrocarbon gas liquids (HGLs), refined petroleum products such as gasoline and diesel fuel, and biofuels. Crude oil imports of about 6.28 million b/d accounted for about 75% of U.S. total gross petroleum imports.

In 2022, the United States exported about 9.52 million b/d of petroleum to 180 countries and 4 U.S. territories. Crude oil exports of about 3.60 million b/d accounted for 38% of total U.S. gross petroleum exports. The resulting total net petroleum imports (imports minus exports) were about -1.19 million b/d, which means that the United States was a net petroleum exporter of 1.19 million b/d in 2022.

The top five source countries of U.S. gross petroleum imports in 2022 were Canada, Mexico, Saudi Arabia, Iraq, and Colombia.

Top sources and amounts of U.S. petroleum imports (percentage share of total), respective exports, and net imports, 2022
million barrels per day
Import sourcesGross importsExportsNet imports
Total, all countries8.339.52-1.19
OPEC countries1.25 (15%)0.041.22
Persian Gulf countries0.98 (12%)0.010.97
Top five countries1
Canada4.37 (52%)0.853.52
Mexico0.81 (10%)1.15-0.34
Saudi Arabia0.56 (7%)0.010.55
Iraq0.31 (4%)<0.010.31
Colombia0.24 (3%)0.160.09
Data source: U.S. Energy Information Administration, Petroleum Supply Annual, August 2023
Note: Ranking in the table is based on gross imports by country of origin. Net import volumes in the table may not equal gross imports minus exports because of independent rounding of data.

The top five destination countries of U.S. total petroleum exports by export volume and percentage share of U.S. total petroleum exports in 2022 were:

  • Mexico—1.15 million b/d—12%
  • Canada—0.85 million b/d—9%
  • China—0.64 million b/d—7%
  • South Korea—0.55 million b/d—6%
  • The Netherlands—0.53 million b/d—6%

Learn more:
Detailed historical data on U.S. petroleum imports and exports
U.S. petroleum imports by country of origin
U.S. petroleum exports by destination
U.S. net petroleum imports by country
Today In Energy articles on oil/petroleum
This Week In Petroleum articles

Last updated: September 22, 2023, with data available at the time of update.


Other FAQs about Oil/Petroleum

Frequently Asked Questions (FAQs) - U.S. Energy Information Administration (EIA) (2024)

FAQs

Is the US Energy Information Administration a reliable source? ›

EIA is the Nation's premier source of energy information and, by law, its data, analyses, and forecasts are independent of approval by any other officer or employee of the United States Government.

How does the EIA collect data? ›

EIA collects information about electric power plants through two annual surveys (Form EIA-860, Annual Electric Generator Report, and Form EIA-923, Power Plant Operations Report) that have monthly supplements.

What is EIA in energy? ›

The Energy Information Administration (EIA) is the statistical agency of the Department of Energy. It provides policy-independent data, forecasts, and analyses to promote sound policy making, efficient markets, and public understanding regarding energy, and its interaction with the economy and the environment.

Will we actually run out of oil? ›

In its 2021 International Energy Outlook, the U.S. Energy Information Administration (EIA) projected that the world's oil supply will continue to meet the growing global energy demand until at least 2050 [source: EIA].

Is IEA a good source? ›

The IEA's energy analyses, international data collection, and coordinated collective emergency response capabilities are unique and highly regarded.

Who funds the US Energy Information Administration? ›

The U.S. Energy Information Administration (EIA) receives funding through an annual appropriation from Congress. EIA's budget falls under the authority of the House and Senate Appropriations Subcommittees on Energy and Water Development.

What is the main process of EIA? ›

Brief description of the main steps involved in application of the tool: Key stages in the Environmental Assessment process include: screening, alternatives, preliminary assessment, scoping, mitigation, main EIA study and environmental impact statement, review and monitoring (Box 5.1 and Figure 5.1).

What is the EIA tool used to identify? ›

Environmental Impact Assessment (EIA) is a tool used to assess the significant effects of a project or development proposal on the environment. EIAs make sure that project decision makers think about the likely effects on the environment at the earliest possible time and aim to avoid, reduce or offset those effects.

What are the tools used in EIA data collection? ›

The main EIA techniques used in scoping are baseline studies, checklists, matrices and network diagrams. These techniques collect and present knowledge and information in a straightforward way so that logical decisions can be made about which impacts are most significant.

Why is EIA needed? ›

EIA plays a crucial role in protecting the environment and promoting sustainable development. By identifying potential impacts and proposing mitigation measures, it ensures that projects are designed and implemented in an environmentally responsible manner.

Which is not a form of energy? ›

Temperature is a measure of how hot or cold an object is. It is the measurement of the intensity of heat energy present in a body. Therefore, it is not a form of energy, but a measure of the intensity of one. Hence, the correct option is C) Temperature.

What is the difference between EIA and FERC? ›

The EIA is the independent statistical and analytical agency within the DOE. The FERC is an independent regulatory commission within the DOE which has jurisdiction primarily in the regulation of electric utilities and the interstate natural gas industry.

What year will oil run out? ›

According to the MAHB, the world's oil reserves will run out by 2052, natural gas by 2060 and coal by 2090. The U.S. Energy Information Association said in 2019 that the United States has enough natural gas to last 84 years.

How many years of oil is left? ›

World Oil Reserves

The world has proven reserves equivalent to 46.6 times its annual consumption levels. This means it has about 47 years of oil left (at current consumption levels and excluding unproven reserves).

How many years of oil is left in the US? ›

Oil Reserves in the United States

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

What is the most reliable energy source in America? ›

Currently, nuclear power is the most reliable.

Is US Energy Information Administration a government agency? ›

The Department of Energy Organization Act of 1977 established EIA as the primary federal government authority on energy statistics and analysis, building upon systems and organizations first established in 1974 following the oil market disruption of 1973. EIA is located in Washington, DC.

Is the US Department of Energy Real? ›

The Department of Energy (DOE) manages the United States' nuclear infrastructure and administers the country's energy policy. The Department of Energy also funds scientific research in the field.

How do you cite the US Energy Information Administration? ›

Public domain and use of EIA content

However, if you use or reproduce any of our information products, you should use an acknowledgment, which includes the publication date, such as: "Source: U.S. Energy Information Administration (Oct 2008)."

Top Articles
Latest Posts
Article information

Author: Allyn Kozey

Last Updated:

Views: 5478

Rating: 4.2 / 5 (63 voted)

Reviews: 86% of readers found this page helpful

Author information

Name: Allyn Kozey

Birthday: 1993-12-21

Address: Suite 454 40343 Larson Union, Port Melia, TX 16164

Phone: +2456904400762

Job: Investor Administrator

Hobby: Sketching, Puzzles, Pet, Mountaineering, Skydiving, Dowsing, Sports

Introduction: My name is Allyn Kozey, I am a outstanding, colorful, adventurous, encouraging, zealous, tender, helpful person who loves writing and wants to share my knowledge and understanding with you.