Rising domestic crude oil production has helped the U.S. become less reliant on crude oil imports

U.S. net crude oil imports have fallen as domestic crude oil production has grown. Since 2014, the U.S. has produced more crude oil than it has imported on a net basis. Over the past decade, domestic crude oil production has grown by 50% while net crude oil imports have fallen by 65%. Rising domestic production has helped the U.S. become less reliant on imported crude oil, particularly from the Middle East. In 2024, only 8% of U.S. crude oil imports came from Persian Gulf countries, down from 25% in 2014.