ENERGY BACKGROUNDER 1220 L Street, Northwest Washington, D.C. 200054070 http://www.api.org
PETROLEUM FACTS AT A GLANCE –March 2007
1. U.S. petroleum imports (crude & products) in February 2007: 12,521,000 barrels per day (February 2006: 13,307,000 b/d). [API]
2. Total imports in February 2007 as a percentage of total domestic petroleum deliveries: 59.6 percent (February 2006: 65.5 percent). [API]
3. Persian Gulf petroleum imports in December 2006 as a percentage of total imports: 18.0 percent (December 2005: 17.5 percent). [DOE]
4. Average price for a barrel of OPEC crude oil on March 2, 2007: $57.98. [DOE]
5. Average U.S. refiner acquisition cost in January 2007 for a barrel of crude oil: $50.69. [DOE]
6. U.S. crude oil production in February 2007: 5,244,000 b/d (of which 749,000 b/d was Alaskan) (February 2006: 5,142,000 b/d). U.S. natural gas liquids production in February 2007: 1,765,000 b/d (February 2006: 1,677,000 b/d). [API]
7. U.S. marketed natural gas production in December 2006: 54.3 billion cubic feet per day (December 2005: 51.5 billion cf/d). [DOE]
8. U.S. deliveries from primary storage of motor gasoline in February 2007: 9,237,000 b/d (February 2006: 8,836,000 b/d). [API]
9. U.S. deliveries from primary storage of distillate fuel oil (home heating and diesel) in January 2007: 4,455,000 b/d (February 2006: 4,318,000 b/d). [API]
10. Total petroleum products delivered to the domestic market in February 2007: 21,020,000 b/d (February 2006: 20,316,000 b/d). [API]
11. Average active rotary drilling rigs in the U.S. as of March 9, 2007: 1,757 (alltime high of 4,530 announced 12/28/81; record low of 488 announced 4/23/99). (2005 average 1,383) [Baker Hughes Inc., Houston]
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