Profile Overview
U.S Energy Atlas with total energy layers
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- In 2022, Oklahoma was the nation's fifth-largest producer of marketed natural gas and the sixth-largest producer of crude oil. Overall, the state consumes only about one-third of the energy it produces.
- As of January 2022, Oklahoma had 5 operable petroleum refineries with a combined daily processing capacity of almost 524,000 barrels per calendar day. That is 3% of the total U.S. crude oil refining capacity.
- In 2022, Oklahoma ranked third in the nation in electricity generation from wind, which supplied the largest share of Oklahoma’s electricity generation at 44%. Wind also accounted for 93% of the state’s total renewable generation.
- The benchmark price in the domestic spot market for the U.S. crude oil known as West Texas Intermediate (WTI) is set at Cushing, Oklahoma, which is home to about 14% of the nation's commercial crude oil storage capacity.
- In 2021, Oklahoma was the nation’s sixth-largest consumer of natural gas on a per capita basis. The electric power sector and the industrial sector together use about four-fifths of the natural gas delivered to consumers in Oklahoma, and the residential and commercial sectors consume almost all the rest.
Last Updated: June 15, 2023