In 2022, U.S. crude oil exports increased to a new record, 3.6 million barrels a day

In 2022, U.S. crude oil exports averaged 3.6 million barrels per day (b/d), a record high according to export data that has been collected since 1920. U.S. crude oil exports in 2022 were 22% (640,000 b/d) higher than in 2021. Increased U.S. crude oil production, releases from the U.S. Strategic Petroleum Reserve, and more global demand for crude oil from countries other than Russia all drove the growth in U.S. crude oil exports.