The United States is the largest crude oil producer in the world. In 2022, it held a global share of 14.73 percent. Although its production share initially declined in the early 2000s, previously inaccessible reserves were made available in the 2010s thanks to technological advances. From 2018 onward, the U.S. surpassed Saudi Arabia and Russia to become the world's largest oil producing country.
Crude oil production in the United States as a share of worldwide production from 1992 to 2022
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Visual Capitalist. (February 9, 2024). Crude oil production in the United States as a share of worldwide production from 1992 to 2022 [Graph]. In Statista. Retrieved August 25, 2024, from https://www.statista.com/statistics/1453123/united-states-share-in-global-oil-production/
Visual Capitalist. "Crude oil production in the United States as a share of worldwide production from 1992 to 2022." Chart. February 9, 2024. Statista. Accessed August 25, 2024. https://www.statista.com/statistics/1453123/united-states-share-in-global-oil-production/
Visual Capitalist. (2024). Crude oil production in the United States as a share of worldwide production from 1992 to 2022. Statista. Statista Inc.. Accessed: August 25, 2024. https://www.statista.com/statistics/1453123/united-states-share-in-global-oil-production/
Visual Capitalist. "Crude Oil Production in The United States as a Share of Worldwide Production from 1992 to 2022." Statista, Statista Inc., 9 Feb 2024, https://www.statista.com/statistics/1453123/united-states-share-in-global-oil-production/
Visual Capitalist, Crude oil production in the United States as a share of worldwide production from 1992 to 2022 Statista, https://www.statista.com/statistics/1453123/united-states-share-in-global-oil-production/ (last visited August 25, 2024)
Crude oil production in the United States as a share of worldwide production from 1992 to 2022 [Graph], Visual Capitalist, February 9, 2024. [Online]. Available: https://www.statista.com/statistics/1453123/united-states-share-in-global-oil-production/