Petroleum in the United States

From Wikipedia, the free encyclopedia
Jump to: navigation, search
US energy consumption, by source, 1775-2010. Vertical axis is in quadrillion BTU.

Petroleum in the United States has been a major industry since shortly after the oil discovery in the Oil Creek area of Titusville, Pennsylvania in 1859. As of 2008, the US was the world's third-largest oil producer (after Saudi Arabia and Russia), producing 8.5 million barrels of oil and natural gas liquids per day.[1] The leading oil-producing area in the US in 2008 was the federal zone of the Gulf of Mexico, which produced 1.15 million barrels (183,000 m3) per day, followed by Texas (1.09 million barrels (173,000 m3) per day), Alaska (0.68 million barrels (108,000 m3) per day) and California (0.59 million barrels (94,000 m3) per day).[2]

In 2008, petroleum was the largest source of energy in the US, providing 38% of the energy consumed (an additional 24% was from natural gas).[3] In 2008 the US consumed 19.5 million barrels (3,100,000 m3) per day of petroleum products, of which 46% was gasoline, 20% diesel fuel and heating oil, and 10% liquified petroleum gas.[4] The US imports 49% of the petroleum it uses.[5] The largest sources of US imported oil are (in descending order): Canada, Mexico, Saudi Arabia, Nigeria, and Venezuela.[6]

More than 1.8 million people work in the US petroleum industry, which includes the production, processing, transportation, and marketing of natural gas and petroleum products.[7]

Contents

History [edit]

US crude oil production and imports, 1910-2012.
US gas production 1900-2012

Although some oil was produced commercially before 1859 as a byproduct from salt brine wells, the American oil industry started on a major scale with the discovery of oil at the Drake Well in western Pennsylvania in 1859.

US crude oil production peaked in 1970 at 9.64 million barrels (1,533,000 m3) per day. 2008 production was 4.95 million barrels (787,000 m3) per day of crude oil (not including natural gas liquids).

US natural gas production peaked in 1973 at 22.6 trillion cubic feet (6.4×1011 m3), declined to a low of 16.9×10^12 cu ft (480 km3) in 1986, then rose again to 21.3×10^12 cu ft (600 km3) in 2008.

Exploration [edit]

Number of wells drilled for oil and gas through 2009.

Each year tens of thousands of wells are drilled in search of oil and gas in the US. In 2009, 36,243 wells were drilled.

Statistics [edit]

US oil production and imports, 1910-2012.

The Energy Information Administration of the United States Department of Energy publishes extensive statistics on the production, importation, and uses of petroleum in the United States.[8]

In 1913 the United States was extracting 65% of the world's petroleum.[citation needed]

In 1989 the U.S. contained only 5% of the world's oil reserves.[citation needed]

Politics [edit]

Policy [edit]

Environmental issues [edit]

Organizations [edit]

See also [edit]

References [edit]

  1. ^ US Energy Information Administration
  2. ^ US Energy Information Administration
  3. ^ US Energy Information Administration,Overview, accessed 19 February 2010.
  4. ^ US Energy Information Administration,Product supplied, accessed 19 February 2010.
  5. ^ US Energy Information Administration, Petroleum statistics, accessed 18 February 2010.
  6. ^ US Energy Information Administration,US imports by country of origin, accessed 18 February 2010.
  7. ^ American Petroleum Institute, Industry sectors, accessed 20 February 2010.
  8. ^ "Petroleum and Other Liquids". Energy Information Administration, United States Department of Energy. Retrieved 2011-09-08. 

External links [edit]