U.S. net imports of crude oil and petroleum from OPEC countries account for less than seven percent of total consumption. Since 2000, the share of OPEC originated petroleum in the U.S. supply has notably decreased, falling from 26.3 percent in 2000 to 6.98 percent in 2019. As the U.S. has ramped up domestic production, imports from the OPEC have been declining accordingly.
Crude oil and petroleum net imports from OPEC countries as share of total consumption in the United States from 2000 to 2019*
* Calculated by dividing net petroleum imports from OPEC countries by total U.S. petroleum product supplied (consumption), as retrieved from the EIA's website on October 10, 2018. Figures have been rounded. The abbreviation OPEC stands for Organization of the Petroleum Exporting Countries. Current members include Algeria, Angola, Ecuador, Iran, Iraq, Kuwait, Libya, Nigeria, Qatar, Saudi Arabia, United Arab Emirates, and Venezuela. Countries no longer members of OPEC include Gabon and Indonesia.
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EIA. (October 30, 2020). Crude oil and petroleum net imports from OPEC countries as share of total consumption in the United States from 2000 to 2019* [Graph]. In Statista. Retrieved October 15, 2024, from https://www.statista.com/statistics/191392/us-petroleum-net-imports-from-opec-countries-as-share-of-consumption/
EIA. "Crude oil and petroleum net imports from OPEC countries as share of total consumption in the United States from 2000 to 2019*." Chart. October 30, 2020. Statista. Accessed October 15, 2024. https://www.statista.com/statistics/191392/us-petroleum-net-imports-from-opec-countries-as-share-of-consumption/
EIA. (2020). Crude oil and petroleum net imports from OPEC countries as share of total consumption in the United States from 2000 to 2019*. Statista. Statista Inc.. Accessed: October 15, 2024. https://www.statista.com/statistics/191392/us-petroleum-net-imports-from-opec-countries-as-share-of-consumption/
EIA. "Crude Oil and Petroleum Net Imports from Opec Countries as Share of Total Consumption in The United States from 2000 to 2019*." Statista, Statista Inc., 30 Oct 2020, https://www.statista.com/statistics/191392/us-petroleum-net-imports-from-opec-countries-as-share-of-consumption/
EIA, Crude oil and petroleum net imports from OPEC countries as share of total consumption in the United States from 2000 to 2019* Statista, https://www.statista.com/statistics/191392/us-petroleum-net-imports-from-opec-countries-as-share-of-consumption/ (last visited October 15, 2024)
Crude oil and petroleum net imports from OPEC countries as share of total consumption in the United States from 2000 to 2019* [Graph], EIA, October 30, 2020. [Online]. Available: https://www.statista.com/statistics/191392/us-petroleum-net-imports-from-opec-countries-as-share-of-consumption/
