Monday, February 24, 2014

US oil use 2013

"The 2013 US oil consumption and production data has just been released by the International Energy Agency showing 2013 US oil production increased significantly to 7.5 million barrels per day,while consumption also increased to 18.9 million barrels per day. US OIl imports were then 11.4 million bbls/day (18.9 - 7.5) resulting in 60% of US oil was imported. Note this is oil only, and does not include other petroleum liquids like ethanol (form corn) and natural gas liquids (NGL) (butane, propane, etc). I believe this is a much better number to watch than looking at total petroleum, which add apples and oranges of different values." -

Sam V. Shelton

Principle Research Engineer
Strategic Energy Institut
NOTE PETROLEUM=OIL+NGL+ETHANOL

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