![]() ![]() Where did this data come from?Īll data provided in this article comes from the US Energy Information Administration, a subsidiary of the Department of Energy. In the US, the majority of domestically produced or imported crude oil undergoes refining processes to become various petroleum products, including gasoline, diesel fuel, heating oil, and jet fuel, which are subsequently consumed.ĭuring 2022, the US had an average daily petroleum consumption of approximately 20.3 million barrels, totaling about 7.4 billion barrels of petroleum for the year. This process facilitates the extraction of materials such as crude oil and natural gas, allowing them to be refined once returned to the surface. This technique, combined with horizontal drilling, has led to an unprecedented surge in oil production over the past several years.įracking involves injecting a high-pressure liquid, mostly water, into a well to fracture rock formations containing hydrocarbons. While hydraulic fracturing has helped extract fossil fuels for over six decades, its significant contribution to crude oil production is a more recent development. In 2022, two-thirds of all US oil came from fracking, compared to under 7% two decades ago. Since 2015, oil extracted through fracking has accounted for more than half of total US crude oil production. Other states, such as Texas, New Mexico, and North Dakota, among others, had a relative boost in production over the last decade, partially resulting from a new methodology of oil and gas extraction known as hydraulic fracturing, or fracking.
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