Petroleum & Other Liquids - U.S. Energy Information Administration (EIA)

Petroleum & Other Liquids

Energy in Brief articles

How dependent are we on foreign oil?

The United States imported about 45% of the petroleum (crude oil and petroleum products) that we consumed during 2011. Just over half of these imports came from the Western Hemisphere. Our dependence on foreign petroleum has declined since peaking in 2005.

Who are the major players supplying the world oil market?

Governments of oil-rich countries have a major influence on the world supply of oil through ownership of national oil companies and, for some governments, their membership in OPEC.

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Petroleum Explained

Why are gasoline prices higher in some regions than in others?

Although price levels vary over time, average retail gasoline prices are often highest in certain States or regions. Besides taxes, there are other factors that contribute to regional and even local differences in gasoline prices.

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Biofuels: Ethanol and Biodiesel Explained

What are biofuels?

"Biofuels" are transportation fuels like ethanol and biodiesel that are made from biomass materials. These fuels are usually blended with the petroleum fuels — gasoline and diesel fuel, but they can also be used on their own. Using ethanol or biodiesel means we don't burn quite as much fossil fuel. Ethanol and biodiesel are usually more expensive than the fossil fuels that they replace, but they are also cleaner-burning fuels, producing fewer air pollutants.

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Features

image of line chart with projections of WTI crude oil prices through 2012The Availability and Price of Petroleum and Petroleum Products Produced in Countries Other Than Iran

Released April 27, 2012

This is the second in a series of reports to Congress on the availability and price of petroleum and petroleum products produced in countries other than Iran in the 60-day period preceding the submission of the report.


photo of a refineryPotential Impacts of Reductions in Refining Activity on Northeast Petroleum Product Markets

Released February 27, 2012
Jones Act Addendum: May 11, 2012

This report is an update to a previous EIA report, Reductions in Northeast Refining Activity: Potential Implications for Petroleum Product Markets, released in December 2011. This update analyzes possible market responses and impacts in the event Sunoco's Philadelphia refinery closes this summer, in addition to the recently idled refineries on the East Coast and in the U.S. Virgin Islands.


Short-Term Energy Outlook

Released May 8, 2012 | Next Release: June 12, 2012

EIA's current forecast of the average U.S. refiner acquisition cost of crude oil in 2012 is $110 per barrel, which is $2.50 per barrel lower than in last month's Outlook, but still about $8 per barrel higher than last year's average price.


Oil platformPetroleum Supply Monthly

Released April 27, 2012

Supply and disposition of crude oil, petroleum products and other liquids (including ethanol) on a national and regional level. The data series describe production, imports and exports, movements and inventories.


Photo image of refinery at night.Petroleum Marketing Monthly

Released May 1, 2012

Monthly price and volume statistics on crude oil and petroleum products at a national, regional and state level.


Photo image of biofuels pump. Biodiesel and fuel ethanol statistics

Released April 27, 2012

The most recent monthly and annual overview statistics for fuel ethanol and biodiesel, published in the Monthly Energy Review.