United States Oil

Summary Table

Oil Reserves (2025)

Barrels Global Rank
Oil Reserves 83,729,430,000 #8 in the world

Production & Consumption (2024)

Barrels per day Global Rank
Oil Production 22,844,371 #1 in the world
Oil Consumption 20,463,721 #1 in the world
Daily Surplus +2,380,649

Trade Data (2020)

Oil Imports 32% of consumption
Oil Exports 17% of production
Net Imports 15% of consumption

Oil Reserves in the United States (2025)

See also: List of countries by Oil Reserves

the United States holds 83,729,430,000 barrels of proven oil reserves as of 2025, ranking #8 in the world and accounting for about 4.74% of the world's total oil reserves of 1,765,151,568,000.

the United States has proven reserves equivalent to 11.2 times its annual consumption levels (based on 2024 data). This means that, without imports, there would be about 11 years of oil left (at 2024 consumption levels and excluding unproven reserves).


Oil Reserves
83,729,430,000 barrels
Global Rank: #8 | Share of World: 4.74%
11 years of oil left
(at 2024 consumption levels)

History of Oil Reserves in the United States


Oil Consumption in the United States (2024)

See also: List of countries by Oil Consumption

  • the United States consumes 20,463,721 barrels per day (B/d) of oil as of the year 2024.
  • the United States ranks #1 in the world for oil consumption, accounting for about 19.95% of the world's total consumption of 102,559,503 barrels per day.
  • the United States consumes 2.49 gallons of oil per capita every day (based on the 2024 population of 345,426,571 people), or 908 gallons per capita per year (22 barrels). [1 barrel = 42 US Gallons]

Oil Production in the United States (2024)

See also: List of countries by Oil Production

  • the United States produces 22,844,371 barrels per day of oil (as of 2024) ranking #1 in the world.
  • At 2024 production levels, the United States produces every year about 9.96% of its proven reserves ( 2025).

Oil Imports (2020)

  • In 2020, the United States imported 15% of its oil consumption (2,701,216 barrels per day out of 18,185,905 consumed).

History of Oil Consumption and Production


See also

Sources