Washington: In 2024, the United States imported about 17% of its domestic energy supply, marking the lowest share since 1985 and half of the record share set in 2006.
According to Emirates News Agency, this significant decline in the imports' share of supply over the past two decades is due to an increase in domestic energy production and a decrease in energy imports since 2006.
US energy supply is derived from three main sources: domestic energy production, energy imports from other countries, and energy brought out of storage. For the third consecutive year, in 2024, the United States maintained its status as a net exporter of energy, producing a record amount that surpassed consumption levels. Notably, US natural gas, crude oil, natural gas plant liquids (NGPLs), biofuels, solar, and wind each achieved domestic production records in 2024.
US total energy imports stood at about 22 quadrillion British thermal units in 2024, remaining relatively flat since 2021. The combined imports of crude oil and refined petroleum products accounted for 84% of the total energy imports, with natural gas comprising most of the remainder at 15%.
