The U.S. produces what percentage of its oil consumption domestically?
Note
The U.S. produces about 60% of its oil consumption domestically.
The United States produces approximately 60% of the oil it consumes domestically. This percentage has increased in recent years, primarily due to the boom in shale oil production, which has significantly boosted domestic output. While the U.S. remains one of the largest oil producers globally, it still imports a substantial portion of its oil, mainly due to its high demand for refined petroleum products like gasoline, diesel, and jet fuel. As of recent trends, U.S. oil production continues to grow, reducing its reliance on foreign oil, although imports still play a critical role in meeting overall consumption needs.