All Sectors' Petroleum Gap
March 9, 2009
Before 1989 the U.S. produced enough petroleum to meet the needs of the transportation sector, but was still short of meeting the petroleum needs of all the sectors, including industrial, residential and commercial, and electric utilities. In 1973 the gap between what the U.S. produced and what was consumed was 5.6 million barrels per day. By 2030, the gap is expected to be at least 9.2 million barrels per day if all sources of petroleum are included or 12.3 million barrels per day if only conventional petroleum sources are used.
U.S. Petroleum Production and Consumption, 1973–2030
Note
The U.S. Production has two lines after 2005. The solid line is conventional sources of petroleum. The dashed line adds in other inputs -- ethanol, liquids from coal, and liquids from biomass. The sharp increase in values between 2007 and 2008 are caused by the data change from historical to projected values.
Sources
- 1973-2007 from Davis, S. C. and Diegel, S. W., 2008, "Transportation Energy Data Book: Edition 27," Oak Ridge National Laboratory Report, Oak Ridge, TN,
- 2008-2030 from EIA, 2008, "Annual Energy Outlook 2009 with Projections to 2030," Energy Information Administration, DOE/EIA-0383(2009), U.S. Department of Energy, Washington, DC.