Intel
Energy Shift: The U.S. Continues to Outproduce Its Energy Consumption
We discuss the recent energy trend of the U.S. transforming from an energy consumer to the world’s largest crude oil and natural gas producer, achieving a net export status since 2019. Learn about the impact of fracking, horizontal drilling, and rising efficiency that have led to an increase in energy production while reducing per capita consumption.
Stephen Stanczak
Last updated Apr 4, 2025
In this post, we cover a trend around U.S. energy that many are unaware of.
- Every year since 2019, The U.S. has produced more energy than it consumes, making it a net energy exporter to other countries.
- This is a reversal from a trend from 1958 to 2018, a period when the US consumed more energy than it produced.
- The US is producing more energy in large part due to fracking and horizontal drilling.
- The U.S. has become the worlds largest crude oil and natural gas producer.
- While overall energy consumption is up, per person consumption is down due in part to more energy efficiency.
- Source: EIA.gov