Total US energy imports plunged to its lowest level last year in more than 20 years, it has been revealed.
According to the US Energy Information Administration (EIA), energy imports were down 19% in 2013 from 2012. while total crude oil production grew 15% last year, leading to a 12% decrease in imports.
“Growth in the production of oil and natural gas displaced imports and supported increased petroleum product exports, driving most of the decline,” the EIA stated in its latest monthly report.
In 2013, net gas imports were 1,311 billion cubic feet (Bcf), down from 1,519 Bcf in 2012 and 1,963 Bcf in 2011.
Total US primary energy usage also rose 2.4% last year after declining in 2011 and 2012, with renewables providing the largest percentage increase. The highest increase was seen in the residential sector while the transportation sector consumed the lowest, it said.