Crude Petroleum: United States

Crude Petroleum: United States

This report forecasts to 2021 and 2025 US crude petroleum demand and production in barrels (where one barrel is equivalent to 42 gallons). Total demand is segmented by type in terms of: non-biofuels and biofuels. Total production is segmented by type as follows: crude oil and lease condensates, natural gas plant liquids, biofuels, and other liquids (such as drip gases; liquid hydrocarbons produced from gilsonite, oil sands, oil shale, and tar sands; and non-hydrocarbons produced with oil, such as sulfur and various metals).

To illustrate historical trends, total demand, total production, the various segments, and trade are provided in annual series from 2010 to 2020.

The terms crude oil and crude petroleum are used interchangeably throughout this report; demand and consumption are also used synonymously. Natural gas plant liquids (NGPL) should not be confused with liquefied natural gas (LNG), which is excluded from the scope of this report.

Key macroeconomic indicators are also provided with quantified trends. Other various topics, including profiles of pertinent leading companies, are covered in this report. A full outline of report items by page is available in the Table of Contents.

Related NAICS Codes:
211120 Crude Petroleum Extraction
211130 Natural Gas Extraction
213111 Drilling Oil and Gas Wells
213112 Support Activities for Oil and Gas Operations
324110 Petroleum Refineries
325193 Ethyl Alcohol Manufacturing