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Welcome to Our Oil Dependency,
Each day, the United States is responsible for 25% of the world’s oil consumption, despite holding only 5% of the world’s population. With the emergence of other industrial nations such as China and India, the oil extraction rate has surpassed 1,000 barrels per second. The unprecedented rate at which this natural resource is being used, coupled with dwindling oil discoveries, has lead many of our prominent energy analysts to suggest that global oil production may be reaching a peak. (read more »)
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Oil Demand
in barrels
Global per second:
Global per day:
U.S. per day:
 
 
Consumed this year as of:
 
Global
US Imports
OPEC Exports
 
 
Oil Production
U.S. per day:
U.S. per day 1970:
 
 
 
 
   

 

 

     
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