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U.S. Crude Oil Supply & Disposition
(Thousand Barrels)
Period:
Process
2019 2020 2021 2022 2023 2024 View
History
Supply
             
Field Production (Commercial)
4,494,592 4,144,184 4,127,478 4,377,170 4,721,095 4,834,568 1859-2024
Alaskan
169,947 163,852 159,623 159,611 155,465 154,018 1981-2024
Lower 48 States
4,324,645 3,980,332 3,967,855 4,217,558 4,565,630 4,680,550 1993-2024
Imports
2,482,332 2,150,267 2,231,550 2,292,673 2,368,436 2,411,293 1910-2024
Commercial
2,482,332 2,150,267 2,231,550 2,292,673 2,368,436 2,411,293 2001-2024
Strategic Petroleum Reserve (SPR)
            1977-2009
Adjustments (Commercial)
132,916 136,305 142,145 101,120 15,426 -2,318 1981-2024
Disposition
             
Stock Change
-23,901 55,818 -108,691 -212,734 -20,957 26,230 1983-2024
Commercial
-9,729 52,699 -64,287 8,918 -3,611 -12,654 1993-2024
Strategic Petroleum Reserve (SPR)
-14,172 3,119 -44,404 -221,652 -17,346 38,884 1993-2024
Refinery Net Inputs
6,045,396 5,201,596 5,528,474 5,831,695 5,827,889 5,937,836 1981-2024
Exports
1,088,345 1,173,342 1,081,390 1,305,317 1,489,794 1,504,021 1870-2024
Products Supplied
0 0 0 0 0 0 1981-2024
Ending Stocks
             
Total
1,067,739 1,123,557 1,014,866 802,132 781,175 807,302 2005-2024
Commercial
432,772 485,471 421,184 430,102 426,491 413,734 2005-2024
Refinery
90,379 84,287 82,835 87,647 86,531 86,844 1981-2024
Tank Farms and Pipelines
335,628 397,861 334,801 339,599 334,213 320,990 1981-2024
Cushing, OK
35,866 59,081 37,616 26,095 34,454 20,428 2004-2024
Lease
            1981-2015
Alaskan Crude Oil In-Transit by Water
6,765 3,323 3,548 2,856 5,747 5,900 1981-2024
Strategic Petroleum Reserve (SPR)
634,967 638,086 593,682 372,030 354,684 393,568 1977-2024
SPR Stocks
             
Percent of Crude Oil Stocks
59.5 56.8 58.5 46.4 45.4 48.8 1977-2024
Percent of Total Petroleum Stocks
33.1 32.2 33.1 23.3 22.1 24.1 1977-2024
Days of Petroleum Net Imports
948 -- -- -- -- -168 1977-2024
SPR Receipts Detail
             
Receipts
        6,591   2023-2023
Domestic
        6,591   2023-2023
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: 3/31/2025
Next Release Date: 8/29/2025