Gasoline industry in the U.S. - Statistics & Facts
Global demand of oil and petroleum has been on the rise for many decades, particularly due to growing industrialization. The United States has been one of the world’s industrial powerhouses for more than a century and therefore is highly dependent on petroleum and oil to fuel the further development of products and goods. Traditionally, gasoline has been supplied either through crude oil imports, crude oil extracted in the U.S. or domestic ethanol production. In 2012, crude oil imports amounted to just under 50 percent of the total gasoline supply, U.S. crude oil contributed some 43 percent and U.S. ethanol accounted for less than 10 percent. In 2012, domestic demand for gasoline in the United States came to around 134.6 billion gallons, a value that has remained relatively steady over the past decade. Exxon Mobil remains the largest oil and gas company in the United States, having a market value of about 403.7 billion U.S. dollars. In 2013, total U.S. petroleum imports reached a decade low, with around 9.8 million barrels imported per day, while oil refinery throughput hand has remained stable over the past decade, valued at a little over 15 million barrels daily.
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