Daily Oil Supplies Worldwide
Created on August 20, 2015
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Read the original report, "Why Congress Should Pull the Plug on the Strategic Petroleum Reserve," by Nicolas Loris.
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Every day, more than 93 million barrels of oil are produced around the world. With suppliers spread across the globe, it is unlikely that the U.S. will ever be cut off from oil imports.
Source: U.S. Department of Energy, Energy Information Administration, International Energy Statistics, “Total Oil Supply: (Thousand Barrels Per Day),” http://www.eia.gov/cfapps/ipdbproject/iedindex3.cfm?tid=5&pid=53&aid=1 (accessed August 3, 2015).
CHART 2 • BG 3046
Tags: Strategic-Petroleum-Reserve, oil, national-security