The Value of US Crude Oil Production.

The United States of America is the largest consumer of crude oil. It is a net importer of oil from around the world.
However, domestic oil production is now becoming non-trivial.

Each day, the US produces 7.5 Million Barrels of Oil.
A barrel of oil is about $106

That equates to:

7,500,000 x $106 = $795,000,000 = $795 Million a day. ($0.795 Billion)

Yes, US crude oil production is worth a staggering $795 Million a day to the US Economy.

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