Chart Rank Map Growth Rate Loading... Source: United States Energy Information Administration Crude Oil Definition: A mixture of hydrocarbons that exists in liquid phase in natural underground reservoirs and remains liquid at atmospheric pressure after passing through surface separating facilities. Depending upon the characteristics of the crude stream, it may also include 1. Small amounts of hydrocarbons that exist in gaseous phase in natural underground reservoirs but are liquid at atmospheric pressure after being recovered from oil well (casing head) gas in lease separators and are subsequently comingled with the crude stream without being separately measured. Lease condensate recovered as a liquid from natural gas wells in lease or field separation facilities and later mixed into the crude stream is also included; 2. Small amounts of nonhydrocarbons produced with the oil, such as sulfur and various metals; 3. Drip gases, and liquid hydrocarbons produced from tar sands, oil sands, gilsonite, and oil shale. Liquids produced at natural gas processing plants are excluded. Crude oil is refined to produce a wide array of petroleum products, including heating oils; gasoline, diesel and jet fuels; lubricants; asphalt; ethane, propane, and butane; and many other products used for their energy or chemical content. See also: Commodity prices See also: Commodities market year consumption change 1980 59,522.50 NA 1981 57,598.40 -3.23 % 1982 56,401.30 -2.08 % 1983 55,730.90 -1.19 % 1984 56,890.40 2.08 % 1985 57,104.80 0.38 % 1986 58,731.70 2.85 % 1987 60,085.80 2.31 % 1988 61,978.40 3.15 % 1989 63,160.50 1.91 % 1990 63,511.40 0.56 % 1991 66,566.50 4.81 % 1992 66,797.00 0.35 % 1993 67,244.50 0.67 % 1994 68,619.40 2.04 % 1995 69,867.50 1.82 % 1996 71,486.40 2.32 % 1997 73,181.20 2.37 % 1998 73,859.70 0.93 % 1999 75,552.30 2.29 % 2000 76,471.50 1.22 % 2001 77,212.00 0.97 % 2002 77,941.30 0.94 % 2003 79,560.40 2.08 % 2004 82,502.90 3.70 % 2005 84,026.09 1.85 % 2006 85,007.69 1.17 % 2007 86,216.02 1.42 % 2008 85,559.99 -0.76 % 2009 84,491.59 -1.25 % 2010 87,672.29 3.76 % 2011 88,575.07 1.03 % 2012 89,837.07 1.42 % 2013 90,701.37 0.96 % Sign up to get an email when we update our energy data



Email Address:



Your email will never be shared, sold, nor rented. We hate SPAM as much you do.