Real value of crude oil net imports into the U.S.

The statistic shows the real value of crude oil net imports into the U.S. from 1960 to 2011. In 2000, the value of U.S. net imports of crude oil came to 100.8 billion U.S. dollars. According to the source, real prices are those that have been adjusted to remove the effect of changes in the purchasing power of the dollar; in this graph. they reflect the buying power of U.S. dollars in 2005.

Real value of crude oil net imports into the U.S. from 1960 to 2011 (in billion U.S. dollars)*

Real value in billion U.S. dollars
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Source

Release date

September 2012

Region

United States

Survey time period

1960 to 2011

Supplementary notes

* Beginning in 1977, includes imports into the Strategic Petroleum Reserve.
** Estimated figure.

Real prices are those that have been adjusted to remove the effect of changes in the purchasing power of the dollar; they usually reflect buying power relative to a reference year. The values are represented in chained (2005) dollars.
Net imports equal imports minus exports.
Totals may not equal sum due to independent rounding.

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