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How much oil does the united states exports to the world daily?

cut and paste king 2012/04/03 05:40:46

SLIDESHOW: U.S.A OIL EXPORTS

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How much oil does the united states exports to the world daily?

There is no official answer to how much crude oil is being exported that is easy to find online. There is, however, a Forbes article dated July 3rd, 2008, that provides the following about refined products such as gas and diesel:

"A record 1.6 million barrels a day in U.S. refined petroleum products were exported during the first four months of this year, up 33 percent from 1.2 million barrels a day over the same period in 2007. Shipments this February topped 1.8 million barrels a day for the first time during any month, according to final numbers from the Energy Department."

Based on the Energy Information Agencies' (EIA) numbers, the US uses approximately 20 million barrels of crude a day. The EIA also reports that 1 barrel of crude (42 gallons) makes approximately 20 gallons of gasoline and 7 gallons of diesel.

Assuming that most of the exported products are gasoline and diesel, and knowing from calculating that roughly 64% of a barrel of crude oil (which is the percentage of gasoline and diesel that comes out of a barrel of crude oil) can be refined into gasoline and diesel, then the 1.6 million barrels a day being exported represents roughly 2.2 million barrels of crude a day or about 10% of the crude oil used daily by the US.

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Opinions

  • mike 2013/12/06 14:38:51
    mike
    we are still importing oil fro foreign countries because we don't have enough for ourselvesLOL it's always been a way to artificially keep the prices up. We are now going to be sending more millions of gallons to Texas for refining and export. Why don't the oil companies build refineries across the US instead of shipping it all to the coast. EXPORTS
  • voice_matters 2012/04/03 12:58:15 (edited)
    voice_matters
    no official answer? does anyone really believe that? of ocurse not all that has been proven is that info search did not search for any info
  • cut and... voice_m... 2012/04/03 13:02:29
    cut and paste king
    What?
  • voice_m... cut and... 2012/04/03 13:05:20
    voice_matters
    what is the problem. i made a comment and i stand by it.
  • cut and... voice_m... 2012/04/03 13:15:35
    cut and paste king
    i did not understand the comment , nothing to get exited about
  • DefendnProtect 2012/04/03 09:41:28
    DefendnProtect
    Funny. Do you know what the net import is?
  • cut and... Defendn... 2012/04/03 11:03:42
    cut and paste king
    a 3 year old knows it value of import vs value of export
  • Roger47 2012/04/03 06:14:28
    Roger47
    There is enough pipeline capacity between the US and Canada for Canada to sell us an extra million barrels a day. And we are already importing so much oil that we can and are exporting record amounts of gas. Drilling has nothing to do with the price we are paying.
  • cut and paste king 2012/04/03 05:43:35
    cut and paste king
    +1
    LETS DO A LOT OF DRILLING SO WE CAN EXPORT MORE OIL
    WITH THE KEYSTONE PIPELINE EXXON WILL EXPORT 2 MORE MILLION BARRELS AS DAY

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