US Oil Consumption (I:USOC)
Level Chart
Basic Info
|
US Oil Consumption is at a current level of 18.98M, up from 18.86M one year ago. This is a change of 0.64% from one year ago. |
|
US Oil Consumption measures the amount of barrels of Oil the United States consumes per year. This metric is important because it gives an idea of demand characteristics in the United States. During the recession in 2008-2009, US Oil Consumption dropped year over year. |
| Report | The Energy Institute Statistical Review of World Energy |
| Category | Energy |
| Region | United States |
| Source | Energy Institute |
Stats
| Last Value | 18.98M |
| Latest Period | 2023 |
| Last Updated | Jun 26 2024, 12:40 EDT |
| Next Release | Jun 20 2025, 11:00 EDT (E) |
| Average Growth Rate | 0.94% |
| Value from 1 Year Ago | 18.86M |
| Change from 1 Year Ago | 0.64% |
| Frequency | Yearly |
| Unit | Barrels per Day |
| Adjustment | N/A |
| Download Source File | Upgrade |
Historical Data
| Date | Value |
|---|---|
| December 31, 2023 | 18.98M |
| December 31, 2022 | 18.86M |
| December 31, 2021 | 18.78M |
| December 31, 2020 | 17.18M |
| December 31, 2019 | 19.42M |
| December 31, 2018 | 19.42M |
| December 31, 2017 | 18.85M |
| December 31, 2016 | 18.59M |
| December 31, 2015 | 18.50M |
| December 31, 2014 | 18.11M |
| December 31, 2013 | 17.99M |
| December 31, 2012 | 17.58M |
| December 31, 2011 | 17.99M |
| December 31, 2010 | 18.32M |
| December 31, 2009 | 18.03M |
| December 31, 2008 | 18.85M |
| December 31, 2007 | 20.21M |
| December 31, 2006 | 20.31M |
| December 31, 2005 | 20.53M |
| December 31, 2004 | 20.50M |
| December 31, 2003 | 19.85M |
| December 31, 2002 | 19.63M |
| December 31, 2001 | 19.53M |
| December 31, 2000 | 19.59M |
| December 31, 1999 | 19.43M |
| Date | Value |
|---|---|
| December 31, 1998 | 18.83M |
| December 31, 1997 | 18.54M |
| December 31, 1996 | 18.24M |
| December 31, 1995 | 17.63M |
| December 31, 1994 | 17.72M |
| December 31, 1993 | 17.24M |
| December 31, 1992 | 17.03M |
| December 31, 1991 | 16.71M |
| December 31, 1990 | 16.99M |
| December 31, 1989 | 17.33M |
| December 31, 1988 | 17.28M |
| December 31, 1987 | 16.66M |
| December 31, 1986 | 16.28M |
| December 31, 1985 | 15.73M |
| December 31, 1984 | 15.73M |
| December 31, 1983 | 15.23M |
| December 31, 1982 | 15.29M |
| December 31, 1981 | 16.06M |
| December 31, 1980 | 17.06M |
| December 31, 1979 | 18.44M |
| December 31, 1978 | 18.76M |
| December 31, 1977 | 18.44M |
| December 31, 1976 | 17.46M |
| December 31, 1975 | 16.33M |
| December 31, 1974 | 16.63M |
News
Basic Info
|
US Oil Consumption is at a current level of 18.98M, up from 18.86M one year ago. This is a change of 0.64% from one year ago. |
|
US Oil Consumption measures the amount of barrels of Oil the United States consumes per year. This metric is important because it gives an idea of demand characteristics in the United States. During the recession in 2008-2009, US Oil Consumption dropped year over year. |
| Report | The Energy Institute Statistical Review of World Energy |
| Category | Energy |
| Region | United States |
| Source | Energy Institute |
Stats
| Last Value | 18.98M |
| Latest Period | 2023 |
| Last Updated | Jun 26 2024, 12:40 EDT |
| Next Release | Jun 20 2025, 11:00 EDT (E) |
| Average Growth Rate | 0.94% |
| Value from 1 Year Ago | 18.86M |
| Change from 1 Year Ago | 0.64% |
| Frequency | Yearly |
| Unit | Barrels per Day |
| Adjustment | N/A |
| Download Source File | Upgrade |
Related Indicators
| US Energy |
| Brent WTI Spread | 3.27 USD/bbl |
| Henry Hub Natural Gas Spot Price | 2.87 USD/MMBtu |
| Mont Belvieu Propane Spot Price | 0.769 USD/gal |
| US Crude Oil Imports | 6.649M bbl/d |
| US Crude Oil Production | 396.12M bbl |
| US Crude Oil Stocks WoW | -934.00K bbl |
| US Gulf Coast Kerosene-Type Jet Fuel Spot Price | 2.13 USD/gal |
| US Oil Rig Count | 483.00 |
| US Residential Propane Price | 2.516 USD/gal |
| US Retail Diesel Price | 3.494 USD/gal |
| US Retail Gas Price | 3.137 USD/gal |
| WTI Crude Oil Spot Price | 71.03 USD/bbl |