EIA forecasts OPEC crude oil production will average 29.2 million barrels per day (b/d) from April through December 2020, up from an average of 28.7 million b/d in the first quarter of 2020. EIA forecasts OPEC crude oil production will rise to an average of 29.4 million b/d in 2021. Based on the lower crude oil price forecast, EIA expects U.S. retail prices for regular grade gasoline to average $2.14 per gallon (gal) in 2020, down from $2.60/gal in 2019. EIA expects retail gasoline prices to fall to a monthly average of $1.97/gal in April before rising to an average of $2.13/gal from June through August. EIA uses product supplied as a proxy for U.S. petroleum consumption. In 2018, the United States consumed an average of about 20.5 million barrels of petroleum per day, or a total of about 7.5 billion barrels of petroleum products.

Interactive historical chart showing the monthly level of U.S. crude oil production back to 1983 from the US Energy Information Adminstration (EIA). Values  Iraq: Oil consumption, thousand barrels per day: For that indicator, The U.S. Energy Information Administration provides data for Iraq from 1980 to 2014. loss, and bunkering. Also included, where available, is direct combustion of crude oil. By mid-March 2020, the price of U.S. crude oil was fluctuating just around $30 Key reports that affect crude oil prices in the short term are weekly inventory statistics from “Oil consumption in the Organization for Economic Cooperation and  15 Jan 2020 EIA forecasts global oil consumption growth will average 1.4 million b/d in data and estimates indicate that global liquid fuels consumption grew by EIA forecasts that total US petroleum and other liquid fuels consumption 

Based on the lower crude oil price forecast, EIA expects U.S. retail prices for regular grade gasoline to average $2.14 per gallon (gal) in 2020, down from $2.60/gal in 2019. EIA expects retail gasoline prices to fall to a monthly average of $1.97/gal in April before rising to an average of $2.13/gal from June through August.

5 Feb 2019 Statistical data for the oil and gas industries in the United States comes from It covers world oil consumption, production and trade, oil reserves, market Provides current information on crude oil and NGLs, petroleum, and  4 Nov 2019 Keywords: Oil prices, consumption, cross-country, U.S. states, oil dependency. ∗ level data for the United States To this end, we use state-level data on For Volatility Changes In The Crude Oil Market,” Journal of Applied  30 Apr 2018 Contact us. For questions about the Australian Petroleum Statistics, reporting requirements, or to join the mailing list to receive notification when  23 Apr 2019 U.S. Crude Oil and Petroleum Product Consumption and Crude Oil Production Source: CRS analysis of data from U.S Energy Information 

Chart and table showing yearly consumption of crude oil by country (United States). Data obtained from the US Energy Information Administration.

9 Dec 2018 Each week the EIA publishes detailed statistics on U.S. oil production, consumption, exports, and inventories in a report called the Weekly  In the United States, from 1960 to 1973, the annual rate of crude oil imports Oil consumption and production data for 1965–2010 from BP (2014); data for  26 Feb 2020 “The lower petroleum consumption is also contagious and will soon show in the data here” in the U.S.. Advertisement. West Texas Intermediate  Index measuring adequacy of global oil supply through real-time intelligence of intelligence on crude oil output from OPEC, Russia and the US, and sets this Based on historical data on total crude oil consumption from the IEA, The EIU  1 May 2018 A headline surge in U.S consumption obscures flagging gasoline them millions of barrels of crude oil, government officials said 25 January.

Iraq: Oil consumption, thousand barrels per day: For that indicator, The U.S. Energy Information Administration provides data for Iraq from 1980 to 2014. loss, and bunkering. Also included, where available, is direct combustion of crude oil.

14 Apr 2014 EIA includes volumes of biofuels in data on total petroleum consumption. In 2013, the United States consumed a total of 6.89 billion barrels of  Monthly crude oil and natural gas production data collected on Form EIA-914 (Monthly Crude Oil, Lease Condensate, and Natural Gas Production Report) Monthly Oil and gas lease equipment and operating costs 1994 Through 2009 United States’s Oil Consumption data is updated yearly, averaging 17,721.826 Barrel/Day th from Dec 1965 to 2018, with 54 observations. The data reached an all-time high of 20,802.215 Barrel/Day th in 2005 and a record low of 11,522.188 Barrel/Day th in 1965. 11/11/2016 - Virginia, United States. Per capita consumption data for 2011 by continent is coming up strangely. For global consumption of 529 Quad BTUs, it's showing per capita 9.5 trillion BTUs (which would assume a world pop. During the recession in 2008-2009, US Oil Consumption dropped year over year. US Oil Consumption is at a current level of 20.46M, up from 19.96M one year ago. This is a change of 2.49% from one year ago. Crude Oil Production in the United States averaged 7499.36 BBL/D/1K from 1950 until 2019, reaching an all time high of 12879 BBL/D/1K in November of 2019 and a record low of 3971 BBL/D/1K in September of 2008.

By mid-March 2020, the price of U.S. crude oil was fluctuating just around $30 Key reports that affect crude oil prices in the short term are weekly inventory statistics from “Oil consumption in the Organization for Economic Cooperation and 

By mid-March 2020, the price of U.S. crude oil was fluctuating just around $30 Key reports that affect crude oil prices in the short term are weekly inventory statistics from “Oil consumption in the Organization for Economic Cooperation and  15 Jan 2020 EIA forecasts global oil consumption growth will average 1.4 million b/d in data and estimates indicate that global liquid fuels consumption grew by EIA forecasts that total US petroleum and other liquid fuels consumption  5 Feb 2019 Statistical data for the oil and gas industries in the United States comes from It covers world oil consumption, production and trade, oil reserves, market Provides current information on crude oil and NGLs, petroleum, and  4 Nov 2019 Keywords: Oil prices, consumption, cross-country, U.S. states, oil dependency. ∗ level data for the United States To this end, we use state-level data on For Volatility Changes In The Crude Oil Market,” Journal of Applied 

15 Jan 2020 EIA forecasts global oil consumption growth will average 1.4 million b/d in data and estimates indicate that global liquid fuels consumption grew by EIA forecasts that total US petroleum and other liquid fuels consumption  5 Feb 2019 Statistical data for the oil and gas industries in the United States comes from It covers world oil consumption, production and trade, oil reserves, market Provides current information on crude oil and NGLs, petroleum, and  4 Nov 2019 Keywords: Oil prices, consumption, cross-country, U.S. states, oil dependency. ∗ level data for the United States To this end, we use state-level data on For Volatility Changes In The Crude Oil Market,” Journal of Applied  30 Apr 2018 Contact us. For questions about the Australian Petroleum Statistics, reporting requirements, or to join the mailing list to receive notification when  23 Apr 2019 U.S. Crude Oil and Petroleum Product Consumption and Crude Oil Production Source: CRS analysis of data from U.S Energy Information  8 Dec 2008 Basic statistics. Daily U.S. Oil Statistics. U.S. Crude Oil Production, 5,064,000 barrels/day. U.S. Crude Oil Imports, 10,031,000 barrels  14 Apr 2014 EIA includes volumes of biofuels in data on total petroleum consumption. In 2013, the United States consumed a total of 6.89 billion barrels of