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U.S. Petroleum Balance
February 2004
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Thousand Thousand Barrels
Commodity Barrels per Day
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Crude Oil
Field Production
(1) Alaska............................ E 27,069 E 933
(2) Lower 48 States................... E 134,863 E 4,650
(3) Total U.S....................... E 161,932 E 5,584
Net Imports
(4) Imports (Gross Excluding SPR)..... 268,483 9,258
(5) SPR Imports....................... 0 0
(6) Exports........................... 223 8
(7) Imports (Net Including SPR)..... 268,260 9,250
Other Sources
(8) SPR Stock Change.................. -5,707 -197
(9) Other Stock Change (+) (-)........ -5,311 -183
(10) Product Supplied and Losses....... 0 0
(11) Unaccounted For(a)................ 7,438 256
(12) Total Other Sources............. -3,580 -123
(13) Crude Input To Refineries............. 426,612 14,711
(13) = (3) + (7) + (12)
Natural Gas Liquids (NGL)
(14) Field Production(b)............... 64,216 2,214
(15) Net Imports(c).................... 1,416 49
(16) Stock Change(c)................... 1,136 39
(17) Total NGL Supply...................... 66,768 2,302
Other Liquids
Unfinished Oils and Gas Blend. Comp.
(18) Stock Change...................... -11,980 -413
(19) Net Imports....................... 22,919 790
(20) Other Liquids New Supply (Fld Prod). -2 (s)
(21) Refinery Process Gain(a)............ 30,201 1,041
(22) Crude Oil Product Supplied.......... 0 0
(23) Total Other Liquids................... 41,138 1,419
(23) = (18) through (22)
(24) Total Production of Products.......... 534,518 18,432
(24) = (13) + (17) + (23)
Net Imports of Refined Products
(25) Imports (Gross)................... 63,040 2,174
(26) Exports........................... 28,416 980
(27) Imports (Net)......................... 34,624 1,194
(28) Total New Supply of Products.......... 569,142 19,626
(28) = (24) + (27)
(29) Refined Products Stock Change (+) (-). 26,778 923
(30) Total Petroleum Products Supplied
for Domestic Use..................... 595,920 20,549
(30) = (28) + (29)
(31) Finished Motor Gasoline........... 253,552 8,743
(32) Distillate Fuel Oil............... 123,769 4,268
(33) Residual Fuel Oil................. 25,300 872
(34) Jet Fuel.......................... 47,887 1,651
(35) Liquefied Petroleum Gases......... 73,134 2,522
(36) Other(d).......................... 72,277 2,492
(37) Crude Oil......................... 0 0
(38) Total Products Supplied............... 595,920 20,549
(38) = (31) through (37)
Ending Stocks, All Oils
(39) Crude Oil (Excluding SPR)......... 276,662 --
(40) Strategic Petroleum Reserve(e).... 646,863 --
(41) Finished Motor Gasoline........... 136,815 --
(42) Distillate Fuel Oil(f)............ 111,284 --
(43) Residual Fuel Oil................. 39,612 --
(44) Jet Fuel.......................... 36,399 --
(45) Liquefied Petroleum Gases......... 60,226 --
(46) Other(d).......................... 238,867 --
(47) Total Stocks.......................... 1,546,728 --
(47) = (39) through (46)
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(a) Unaccounted for crude oil represents the difference between the supply and
disposition of crude oil. Refinery processing gain represents the volumetric
amount by which total output is greater than input for a given period of time.
Preliminary estimates of crude oil imports at the National level have
historically understated final values by approximately 50 thousand barrels per
day. This causes the preliminary values of unaccounted for crude oil to
overstate the final values by the same amount.
(b) Includes fuel ethanol blended into finished motor gasoline.
(c) Includes products in the pentanes plus category only.
(d) Includes pentanes plus, other liquids, and all finished petroleum products
except finished motor gasoline, distillate fuel oil, residual fuel oil, jet
fuel, and liquefied petroleum gases.
(e) Crude oil stocks in the Strategic Petroleum Reserve include non-U.S.
stocks held under foreign or commercial storage agreements.
(f) Excludes distillate stocks located in the "Northeast Heating Oil Reserve".
(s) = Less than 500 barrels per day.
E=Estimate.
Note: Totals may not equal sum of components due to independent rounding.
Source: Energy Information Administration, Monthly Petroleum Supply Reporting
System - Domestic crude oil production from State conservation agencies and the
Minerals Management Service of the U.S. Department of the Interior - Export data
from the Bureau of the Census and Form EIA-810, "Monthly Refinery Report."
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For additional information, please contact the Energy Information
Administration's National Energy Information Center at (202)586-8800.
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Source: United States Department of Energy