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U.S. Crude Oil Supply & Disposition
(Thousand Barrels)
Period:
Process
2018 2019 2020 2021 2022 2023 View
History
Supply
             
Field Production (Commercial)
3,997,180 4,493,544 4,142,504 4,112,721 4,347,377 4,720,724 1859-2023
Alaskan
174,801 169,947 163,852 159,623 159,611 155,465 1981-2023
Lower 48 States
3,822,379 4,323,597 3,978,652 3,953,098 4,187,766 4,565,259 1993-2023
Imports
2,835,491 2,482,332 2,150,267 2,231,550 2,292,673 2,364,492 1910-2023
Commercial
2,835,491 2,482,332 2,150,267 2,231,550 2,292,673 2,364,492 2001-2023
Strategic Petroleum Reserve (SPR)
            1977-2009
Adjustments (Commercial)
115,864 133,964 137,985 156,902 130,913 2,386 1981-2023
Disposition
             
Stock Change
7,163 -23,901 55,818 -108,691 -212,734 -20,519 1983-2023
Commercial
20,855 -9,729 52,699 -64,287 8,918 -3,173 1993-2023
Strategic Petroleum Reserve (SPR)
-13,692 -14,172 3,119 -44,404 -221,652 -17,346 1993-2023
Refinery Net Inputs
6,193,832 6,045,396 5,201,596 5,528,474 5,831,695 5,826,437 1981-2023
Exports
747,540 1,088,345 1,173,342 1,081,390 1,305,317 1,481,047 1870-2023
Products Supplied
0 0 0 0 0 0 1981-2023
Ending Stocks
             
Total
1,091,640 1,067,739 1,123,557 1,014,866 802,132 781,072 2005-2023
Commercial
442,501 432,772 485,471 421,184 430,102 426,388 2005-2023
Refinery
92,421 90,379 84,287 82,835 87,647 86,531 1981-2023
Tank Farms and Pipelines
346,307 335,628 397,861 334,801 339,599 334,110 1981-2023
Cushing, OK
41,895 35,866 59,081 37,616 26,095 34,509 2004-2023
Lease
            1981-2015
Alaskan Crude Oil In-Transit by Water
3,773 6,765 3,323 3,548 2,856 5,747 1981-2023
Strategic Petroleum Reserve (SPR)
649,139 634,967 638,086 593,682 372,030 354,684 1977-2023
SPR Stocks
             
Percent of Crude Oil Stocks
59.5 59.5 56.8 58.5 46.4 45.4 1977-2023
Percent of Total Petroleum Stocks
33.9 33.1 32.2 33.1 23.3 22.1 1977-2023
Days of Petroleum Net Imports
277 948 -- -- -- -- 1977-2023
SPR Receipts Detail
             
Imports
            1977-2009
Imported for SPR by Others
            2005-2009
- = No Data Reported;  -- = Not Applicable;  NA = Not Available;  W = Withheld to avoid disclosure of individual company data.
Notes: Adjustments include an adjustment for crude oil, previously referred to as "Unaccounted For Crude Oil". A negative stock change indicates a decrease in stocks and a positive number indicates an increase in stocks. Stock change for crude oil excludes lease stocks beginning with January 2005 (see explanatory notes). Totals may not equal sum of components due to independent rounding.  See Definitions, Sources, and Notes link above for more information on this table.
Release Date: 2/29/2024
Next Release Date: 8/30/2024