This report forecasts to 2023 and 2027 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 2012 to 2022.
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.
Table of Contents
MARKET ENVIRONMENT
- Historical Trends
- Key Economic Indicators
- Trade
- Environmental & Regulatory Factors
- Global Overview
DEMAND SEGMENTATION & FORECASTS
PRODUCTION SEGMENTATION & FORECASTS
- Crude Oil & Lease Condensate
- Natural Gas Plant Liquids (NGPL)
- Biofuels
- Other Liquids
PRICE FORECASTS
INDUSTRY STRUCTURE
- Industry Characteristics
- Production Share
ABOUT THIS REPORT
- Scope
- Sources
- Industry Codes
- Resources
LIST OF TABLES & FIGURES
Figure 1 | Key Trends in US Crude Petroleum Demand & Production, 2022 - 2027
Figure 2 | US Crude Petroleum Demand Trends, 2012 - 2022
Figure 3 | US Crude Petroleum Production Trends, 2012 - 2022
Table 1 | Key Indicators for US Crude Petroleum Demand & Production, 2012 - 2027 (2012US$ bil)
Figure 4 | US Crude Petroleum Trade, 2012 - 2022 (mil bbls)
Table 2 | US Crude Petroleum Trade, 2012 - 2022 (mil bbls)
Table 3 | US Crude Petroleum Trade, 2012 - 2022 (mil bbls)
Figure 5 | Global Crude Oil Proved Reserves by Country, 2021 (%)
Figure 6 | Global Petroleum & Other Liquids Production by Country, 2021 (%)
Figure 7 | US Crude Petroleum Demand by Product, 2012 - 2027 (bil bbls)
Table 4 | US Crude Petroleum Demand by Product, 2012 - 2027 (mil bbls)
Figure 8 | US Crude Petroleum Demand by Product, 2012 - 2027 (%)
Figure 9 | US Crude Oil & Liquids Production by Market, 2012 - 2027 (bil bbls)
Table 5 | US Crude Oil & Liquids Production by Market, 2012 - 2027 (mil bbls)
Figure 10 | US Crude Oil & Liquids Production by Market, 2012 - 2027 (%)
Figure 11 | US Crude Oil & Lease Condensate Production w/ Motor Vehicles in Use, 2012 - 2027
Figure 12 | US Natural Gas Plant Liquids Production w/ Natural Gas Production, 2012 - 2027
Figure 13 | US Biofuels Production w/ Refined Petroleum Products Production, 2012 - 2027
Figure 14 | US Crude Petroleum Prices, 2012 - 2027 (US$/bbl)
Table 6 | US Crude Petroleum Prices, 2012 - 2027 (US$/bbl)
Figure 15 | US Crude Petroleum Extraction Revenue Concentration, 2017
Figure 16 | US Crude Petroleum Production Share by Company, 2021 (%)
Table 7 | NAICS & SIC Codes Related to Crude Petroleum
Samples
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Methodology
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