Petroleum Insights: U.S. Crude Oil Production

U.S. Crude Oil Manufacturing, 1970-2010 — EIA

ice machine installationUnited States Crude Oil Production, 1970-2010

12 months
Crude Oil Manufacturing*
(million barrels per day)

1970
9.637
1991
7.417

1971
9.463
1992
7.171

1972
9.441
1993
6.847

1973
9.208
1994
6.662

1974
eight.774
1995
6.560

1975
eight.375
1996
6.465

1976
eight.132
1997
6.452

1977
8.245
1998
6.252

1978
8.707
1999
5.881

1979
eight.552
2000
5.822

1980
eight.597
2001
5.801

1981
eight.572
2002
5.746

1982
8.649
2003
5.681

1983
8.688
2004
5.419

1984
eight.879
2005
5.178

1985
eight.971
2006
5.102

1986
8.680
2007
5.064

1987
eight.349
2008
4.950

1988
eight.140
2009
5.361

1989
7.613
2010
5.512 (5.482 up to date)

1990
7.355
2011
UPD
5.644

*Contains lease condensate. And since the mid-2000s, oil manufacturing from shale formations.

Supply: U.S. Power Info Administration (EIA)

Please additionally see Determine 1. U.S. Crude Oil Production, 1970-2010

(In 1970, U.S. crude oil manufacturing was at an all-time high of 9.637 million barrels per day—please see desk and Determine 1. above. Additionally, please see my put up “United States: Home Oil Manufacturing Reversed Decades-Long Decline in 2009 and 2010,” here. And in a speech at Georgetown University in Washington, March 30th, President Obama stated, “Final 12 months [i.e., 2010], American oil manufacturing reached its highest degree since 2003, and for the first time in greater than a decade [final time 1997 – forty nine% — D.R.], oil we imported [internet imports of both crude oil and refined products — D.R.] accounted for lower than half the liquid fuel we consumed [i.e., 49% — D.R.].”—please see table above and my submit “US to seek out ‘Extra Oil at Home,’ Whereas Slicing Consumption: President Obama,” remarks beneath, right here. Presently, the United States still relies heavily on imported oil. In 2010, it imported 9.163 million b/d of crude oil and nearly 2.6 million b/d of refined products. Half of all U.S. net imports (imports minus exports) of liquid fuels, i.e., web imports of crude oil and petroleum merchandise, etc., in 2010 came from the Americas—please see my publish “Half of U.S. Liquid Fuels Net Imports in 2010 Got here from the Americas,” here. Moreover, please see our publish “United States: High eight Crude Oil Producing States, 2006-Feb.2011,” and U.S. oil reserves in our publish “World’s Prime 22 Confirmed Oil Reserves Holders,” here. Xylene Equipmen Replace: please see my submit “EIA Expects Greater U.S. Crude Manufacturing,” UPI, Mar 7, 2012. Update 2: North Dakota handed Alaska in March 2012 to become the second-main state in crude oil manufacturing, trailing solely Texas. Current advancements in horizontal drilling and hydraulic fracturing in North Dakota’s Bakken shale play as well as other shale performs, equivalent to South Texas Eagle Ford shale, have led to a rise in U.S. oil output. For an in depth account of North Dakota’s oil production and its latest oil growth, please see my put up “North Dakota Tops Alaska in Oil Manufacturing, Trailing Solely Texas,” including remarks. Moreover, please see EIA data on weekly U.S.

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