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In 2007, Russia produced roughly 9.8 million barrels per day (1.56 Ã10. 6 m 3 /d) of liquids, consumed roughly 2.8 million barrels per day (450 Ã10. 3 m 3 /d) in liquids, and exported (in net) around 7 million barrels per day (1.1 Ã10. 6 m 3 /d). Over 70 percent of Russian oil production was exported, while the remaining 30 percent was refined locally.
The U.S. population is a major consumer of oil and the United States can't produce enough oil on its own to meet this demand. In 2008, the United States produced around 4.9 million barrels of crude oil per day [source: U.S. Energy Information Administration] -- that's almost two billion of barrels of crude oil for the year! However, the United States still has to import more than twice that amount to fill its business and consumer needs. Looking again at 2008, the United States imported around 9.8 million barrels of crude oil per day from other countries [source: U.S. Energy Information Administration], and that comes out to a whopping 3.5 billion barrels per year!