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Crude Oil Production in the United States averaged 7372.26 BBL/D/1K from 1950 until 2017, reaching an all time high of 10044 BBL/D/1K in November of 1970 and a record low of 3983 BBL/D/1K in September of 2008.
Oil is Americaâs largest source of energy, accounting for forty percent of Americaâs energy consumption. According to Energy Information Administration data, the U.S. produces about forty percent of the oil it uses. An overwhelming proportion of U.S. crude oil is refined in one of four states: Texas (twenty-two percent), Louisiana (twenty percent), Alaska (twenty percent), and California (eighteen percent).