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What else can I help you with?
What percentage of oil in the US comes from oil wells in the US?
25%
What percentage of the US GDP is from oil?
oil makes up approximately 2.6 percent of the US GDP. The Us has a GDP of 13,926.7 billion dollars, and oil the oil market in the US is worth about 366.2 billion.
How large are US oil reserves?
The approximate proven US oil reserves are 134 Billion barrels of oil.
Was the Drake Oil Well the first oil well in Pennsylvania or the whole US?
This oil Well was the first in the US.
In the US oil is considered what?
Not sure exactly what the question means, but oil is considered a commodity.
Where does US export its oil to?
US exports most of its oil to china because they are paying top money to get oil.
Does oil drilled in the US stay in the US?
No. The US exports crude oil. It also imports around 50% of the refined oil (e.g., petroleum) that it consumes.
Would oil drilled offshore the US belong to us or to the oil companies?
The drilled oil belongs to whoever owns the specific oil rig.
Is crude oil in US gallons or Canadian gallons?
The Crude oil is in US gallons.
Can Alaska support the US in oil?
Absolutely not. The US is dependent on foreign oil imports.
Where are the largest oil reserves in the US?
The largest oil reserves in the United States of America are in Alaska. These oil reserves are not used as a main source of oil in the US.
Does Canada supply the most oil to US?
I think crude oil and oil is the same thing and if so yes Canada does supply the most oil to the US
