The statistic represents the real value of crude oil imports into the United States between 1960 and 2011. In 2000, the value of crude oil imports into the U.S. came to around 101.3 billion U.S. dollars. According to the source, real prices are those that have been adjusted to remove the effect of changes in the purchasing power of the dollar; in this graph. they reflect the buying power of U.S. dollars in 2005.
Real value of U.S. crude oil imports from 1960 to 2011 (in billion U.S. dollars)*
* Beginning in 1977, includes imports into the Strategic Petroleum Reserve. ** Estimated figure.
Real prices are those that have been adjusted to remove the effect of changes in the purchasing power of the dollar; they usually reflect buying power relative to a reference year. The values are represented in chained (2005) dollars. Net imports equal imports minus exports. Totals may not equal sum due to independent rounding.
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EIA. (September 27, 2012). Real value of U.S. crude oil imports from 1960 to 2011 (in billion U.S. dollars)* [Graph]. In Statista. Retrieved November 18, 2024, from https://www.statista.com/statistics/190840/real-value-of-crude-oil-imports-into-the-us-since-1960/
EIA. "Real value of U.S. crude oil imports from 1960 to 2011 (in billion U.S. dollars)*." Chart. September 27, 2012. Statista. Accessed November 18, 2024. https://www.statista.com/statistics/190840/real-value-of-crude-oil-imports-into-the-us-since-1960/
EIA. (2012). Real value of U.S. crude oil imports from 1960 to 2011 (in billion U.S. dollars)*. Statista. Statista Inc.. Accessed: November 18, 2024. https://www.statista.com/statistics/190840/real-value-of-crude-oil-imports-into-the-us-since-1960/
EIA. "Real Value of U.S. Crude Oil Imports from 1960 to 2011 (in Billion U.S. Dollars)*." Statista, Statista Inc., 27 Sep 2012, https://www.statista.com/statistics/190840/real-value-of-crude-oil-imports-into-the-us-since-1960/
EIA, Real value of U.S. crude oil imports from 1960 to 2011 (in billion U.S. dollars)* Statista, https://www.statista.com/statistics/190840/real-value-of-crude-oil-imports-into-the-us-since-1960/ (last visited November 18, 2024)
Real value of U.S. crude oil imports from 1960 to 2011 (in billion U.S. dollars)* [Graph], EIA, September 27, 2012. [Online]. Available: https://www.statista.com/statistics/190840/real-value-of-crude-oil-imports-into-the-us-since-1960/
