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U.S. Petroleum Balance
July 2004
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Thousand Thousand Barrels
Commodity Barrels per Day
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Crude Oil
Field Production
(1) Alaska............................ E 25,130 E 811
(2) Lower 48 States................... E 142,393 E 4,593
(3) Total U.S....................... E 167,523 E 5,404
Net Imports
(4) Imports (Gross Excluding SPR)..... 319,365 10,302
(5) SPR Imports....................... 0 0
(6) Exports........................... 549 18
(7) Imports (Net Including SPR)..... 318,816 10,284
Other Sources
(8) SPR Stock Change.................. -3,288 -106
(9) Other Stock Change (+) (-)........ 9,049 292
(10) Product Supplied and Losses....... 0 0
(11) Unaccounted For(a)................ 8,242 266
(12) Total Other Sources............. 14,003 452
(13) Crude Input To Refineries............. 500,341 16,140
(13) = (3) + (7) + (12)
Natural Gas Liquids (NGL)
(14) Field Production(b)............... 70,284 2,267
(15) Net Imports(c).................... 1,891 61
(16) Stock Change(c)................... -1,949 -63
(17) Total NGL Supply...................... 70,226 2,265
Other Liquids
Unfinished Oils and Gas Blend. Comp.
(18) Stock Change...................... -2,099 -68
(19) Net Imports....................... 31,666 1,021
(20) Other Liquids New Supply (Fld Prod). -1,292 -42
(21) Refinery Process Gain(a)............ 30,748 992
(22) Crude Oil Product Supplied.......... 0 0
(23) Total Other Liquids................... 59,023 1,904
(23) = (18) through (22)
(24) Total Production of Products.......... 629,590 20,309
(24) = (13) + (17) + (23)
Net Imports of Refined Products
(25) Imports (Gross)................... 58,834 1,898
(26) Exports........................... 29,604 955
(27) Imports (Net)......................... 29,230 943
(28) Total New Supply of Products.......... 658,820 21,252
(28) = (24) + (27)
(29) Refined Products Stock Change (+) (-). -20,190 -651
(30) Total Petroleum Products Supplied
for Domestic Use..................... 638,630 20,601
(30) = (28) + (29)
(31) Finished Motor Gasoline........... 286,537 9,243
(32) Distillate Fuel Oil............... 119,340 3,850
(33) Residual Fuel Oil................. 26,887 867
(34) Jet Fuel.......................... 51,176 1,651
(35) Liquefied Petroleum Gases......... 59,394 1,916
(36) Other(d).......................... 95,296 3,074
(37) Crude Oil......................... 0 0
(38) Total Products Supplied............... 638,630 20,601
(38) = (31) through (37)
Ending Stocks, All Oils
(39) Crude Oil (Excluding SPR)......... 295,437 --
(40) Strategic Petroleum Reserve(e).... 665,666 --
(41) Finished Motor Gasoline........... 141,828 --
(42) Distillate Fuel Oil(f)............ 121,408 --
(43) Residual Fuel Oil................. 34,730 --
(44) Jet Fuel.......................... 40,726 --
(45) Liquefied Petroleum Gases......... 111,040 --
(46) Other(d).......................... 236,502 --
(47) Total Stocks.......................... 1,647,337 --
(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