View the 45 gallons of refined products created from each 42-gallon barrel of crude oil

See where the 100 million barrels of crude oil the world consumes daily end up.

An overview of crude oil, including its constituent hydrocarbons and refinement outputs

The mixture is primarily composed of molecules of carbon and hydrogen atoms bonded into a variety of shapes and lengths, giving each different chemical properties, such as boiling points. Refining can remove elemental impurities—such as sulfur—after hydrocarbons are separated, ensuring the resulting products can be used effectively in other machines, such as car engines.

Crude oil is the type of oil used to create fuel like gasoline, heating oil, and more

Technically speaking, crude oil is unrefined petroleum. This article dives into the different ways it’s categorized (by density, sulfur content, and origin), and how the combinations of these types of oil are used.

View a sample of objects surprisingly derived from crude oil, including chewing gum and lipstick

Crude oil processing produces a variety of fuels and the building blocks for plastics, but it also distills out the hydrocarbons used to make aspirin, Teflon, vinyl, crayons, candles, Tupperware, roofing shingles, asphalt pavement, hair dye, anesthetics, food-grade lubricants, polyester, synthetic rubber, and resins for items like dentures.

The price of crude oil accounts for roughly half of the price displayed at the gas pump

The US exported more crude oil and petroleum products than it imported in 2025

In fact, the US has been exporting more oil and petroleum products than it imports since August 2021. Petroleum and petroleum product exports totaled about 10.7 million barrels per day, whereas imports totaled about 7.9 million barrels per day.

The ins and outs of oil refining

The oil industry is broken up into the upstream, midstream, and downstream segments, and oil refining is part of the latter. “Downstream” refers to companies like Standard Oil that are converting crude oil into a finished product.

To use the various chemicals in crude oil, they must often be cracked—broken down into smaller molecules—to make their processing easier in everyday machines.

The separation of crude oil into petroleum products begins by boiling it in a distillation tower, where constituent hydrocarbons are separated into layers based on the temperatures at which they boil.

The US shipped nearly 4 billion barrels of oil abroad in 2024

More than half of the US’s oil is exported as the country produces mainly light, sweet crude but has many refineries that handle heavy, sour types.

A look at types of crude oil, distinguished by properties like heaviness and sweetness

API gravity is a unit that describes how heavy or light a crude oil sample is based on its density, with higher values indicating lighter, more valuable oil that requires less processing. The sweetness of crude oil refers to the amount of sulfur it contains, where sour crude oil requires more extensive treatment to remove the more abundant sulfur and sweeten it.

Hear Steve Ballmer explain how US gas prices are affected by the global price of oil.

How disruptions in oil markets can drive up the price of everyday goods

Most types of plastic are made from polymers derived from chemicals produced by the processing and refining of crude oil and natural gas. Spikes in the cost of either fossil fuel raise the cost of wrappings, tubs, and other plastic containers for products.

How crude oil is split across oil markets based on geographic origin

Brent, West Texas Intermediate, and Dubai are the three crude oil classes and differ in terms of typical refinery uses, density, sulfur content, and suitability for financial benchmarking. Brent, which originates in the North Sea, is traders' go-to benchmark, in part, because it is easily shipped and politically stable, and used to price most of the crude sold internationally.

The story of the first commercial US oil well and why crude oil is measured in barrels

The 1859 oil discovery in Titusville, Pennsylvania, sparked a boom in oil exploration and production to meet the demand for kerosene lamp fuel. Because the 42-gallon barrel was a readily available container already in use for shipping fish, butter, wine, and other goods, it was adopted by the Petroleum Producers Association in 1872 and by both the US Geological Survey and the US Bureau of Mines in 1882.

Understanding why the US can't use its own crude oil and depends on global markets

Before advancements in fracking technology made lighter shale oil readily available, US refineries had been built and optimized for decades to process heavier oil from other countries with high profitability. Despite being able to refine lighter oil, US oil companies can operate with better margins by exporting it to other nations whose refineries are optimized for it and importing heavier oil, for which the US has the infrastructure.

Why have gas prices surged nearly 27% since the Iran war began?

Oil passing through the Strait of Hormuz makes up only about 7% of US crude imports. However, crude oil prices account for 51% of the cost of a gallon of gas in the US. US refiners pay the Brent crude futures price, even for domestic drilling.

Despite the misconception that it comes from dinosaurs, crude oil forms when microorganisms, such as algae and plankton, are subjected to high pressure and high temperature while buried under layers of sediment.

Demystifying the claim that crude oil is inorganically created and a renewable resource

The abiogenic petroleum theory holds that fossil fuels originate in Earth's mantle and are constantly replenished, rather than formed by microorganisms over millions of years. While inorganic chemical processes can produce simple hydrocarbons, the range of complex molecules found in crude oil suggests an origin from a diverse set of organisms. Isotope analyses of these molecules also support the model that they originated from living things that preferentially take up certain isotopes over others.

View a breakdown of worldwide oil production since 1900, mostly led by the US

When analyzing the production of crude oil, shale oil, oil sands, and condensates since the start of the 20th century, Saudi Arabia produced more crude oil only in 1977, from 1979 to 1981, and from 1991 to 2016. Nations such as Iraq and the United Arab Emirates produced much smaller quantities than both Saudi Arabia and the US.

The US stores hundreds of millions of oil barrels in caves along the Texas-Louisiana coast

The US has a Strategic Petroleum Reserve that it taps into, releasing barrels into the economy, during times of emergency (think: major storms and wars) to try to stabilize markets.

The recorded history of crude oil use dates back about 5,000 years, with the Babylonians using it to waterproof their boats and as mortar in the construction of structures.

Many plastic products are molded from melted pellets called nurdles, which are made from ethylene and propylene extracted from crude oil.

Explore the water footprint of producing various proteins, fruits, and vegetables

This interactive gallery highlights the various types of water behind the production of biofuels, foods, and materials such as cotton. Diets high in bovine meat, whose production requires 15,415 liters of water per kilogram (1,847 gallons per pound), are among the most water-intensive, whereas every kilogram of vegetables uses 322 liters of water (39 gal/lb) to produce.

A guide to crude oil and natural gas extraction, from rig site preparation to land restoration

Requirements for traffic plans, access roads, and noise barriers vary by state and local laws, but once the rig site is prepared, the rig is assembled and digs a well that is then encased in steel and cement to protect groundwater reservoirs. After drilling and testing the extraction pipe, fracking fluid is injected into the rock to create cracks where crude oil resides, allowing it to be pumped out.

Explore a timeline of US dependence on crude oil from 1850 to 2023

Oil dependence began with the rise of oil as a commodity, followed by an era of geopolitical competition for the resource after World War II. The domestic fracking boom, which started around 2006, was driven by a desire to reduce the nation's dependence on international adversaries for energy.

Methane leaks during natural gas processing reduce the gas's overall cleanliness

Natural gas is advertised as a cleaner fossil fuel because it emits 50% less carbon dioxide than oil and coal when burned. Supporting analysis only considers end-use combustion and excludes total emissions generated by extraction, shipping, and processing.

As of 2022, the US accounted for nearly one-fifth of global oil production

By 2022, the US had cemented its position as the world’s top oil producer with close to 18 million barrels per day. This eclipsed Saudi Arabia and Russia.

While major oil spills result from accidental pipeline ruptures or damage to transportation vessels or rigs, as much as half the oil that reaches coastlines has naturally leaked from the seafloor.

The world derives more of its energy from oil than from any other resource

Coal and gas are second and third, respectively, in terms of where the bulk of the world’s energy consumption stems from. These interactive charts can help you visualize where the world sources the most of its energy.

About 10% of the world's crude oil and 32% of its natural gas is reached via fracking

Most of the world's shale oil resources—which are recoverable via fracking—are found in Russia, the US, China, Argentina, and Libya. The majority of equivalent shale gas resources are found in China, Argentina, Algeria, the US, Canada, and Mexico.

See a timeline that shows how volatile oil prices have been for decades, from OPEC-led embargoes in the 1970s and shale surges in the 2000s to the US flipping to become a net oil exporter in 2020.

Learn about unconventional ways to clean up crude oil, including using moss and chickens

Studies show that microorganisms in chicken manure can break down the hydrocarbons in crude oil without producing toxic by-products. Scientists have also explored avoiding the environmental risks of chemical dispersants and synthetic adsorbents by using human hair and peat moss to adsorb crude oil, which can be taken up by their cuticles and porous structures, respectively.

Oil markets are seeing higher costs and lower prices amid tech breakthroughs

Experts say oil demand has not yet reached its peak. Recent technological breakthroughs in the oil industry include advances in drilling and extraction, as well as subsurface technologies.

Fracking provides access to fossil fuel reserves locked in underground rock

Using a pressurized fluid mixture that is over 90% water, cracks are created in shale about 2 miles deep to release trapped oil and natural gas. The process uses an average of 3 to 6 million gallons of water per well, which can strain local water supplies.

The hidden engineering of gas stations

Contemporary gas stations are the result of a century of engineering progress. In the early 1900s, only a few thousand cars drove around, and they used kerosene. As vehicles and cheaper gasoline became more popular, fire hazards grew, forcing the invention of fuel pumps, underground storage tanks, and the automatic shutoff valve—all engineering marvels.

Fracking has led to an increased global oil supply, contributing to lower oil prices

Fracking technology has significantly increased how much crude oil the US produces. As more countries adopt fracking technology, there could be an increased downward pressure on prices—although fracking has been widely criticized for its negative environmental impacts.

Unless prices of fossil fuels rise significantly, their production is expected to slow

US oil and natural gas production skyrocketed from 2000 to 2020, largely due to advances in fracking. However, weak global energy prices have prevented this boom from translating into increased profits for fossil fuel companies.

See how much key commodities are trading for in real time

This tracker shows the current price of common commodities such as crude oil, lumber, nickel, and many more, as well as how much these prices have fluctuated over the past day, year, week, and month.

Federal subsidies have boosted US fracking profits

Between 2000 and 2020, the US government invested tens of billions of dollars to facilitate the extraction of shale oil and gas reserves. These subsidies helped make new projects viable and kept fossil fuel companies afloat while global energy prices and renewable energy startup costs have fallen.

Rising fracking rates have increased prices of some food products

Every fracking well uses approximately 20,000 pounds of guar gum, a thickening and stabilizing agent commonly used in ice cream, salad dressing, and baked goods. The polysaccharide is also a key component in some cosmetics and explosives.

As of 2024, the nation with the largest proven oil reserves is Venezuela

According to estimates derived from available geological and engineering data, the South American country possesses about 303 billion barrels of underground crude oil, followed by Saudi Arabia (267.2 billion) and Iran (208.6 billion). Many of the largest reserves are held by members of the Organization of the Petroleum Exporting Countries.

Oil's legacy: fueling industrial growth and shaping imperial strategies

This episode of The Rest Is History podcast traces oil's pivotal role—from fueling industrial growth to steering imperial power. It also examines how access to oil shaped US politics, World War II, and sparked the creation of OPEC following the Suez Crisis.

The fracking industry has created hundreds of thousands of jobs since 1949

The method of extracting fossil fuels from shale rock formations has saved Americans an estimated $23B annually in energy costs. Every year, fracking generates billions of gallons of wastewater and causes methane—a greenhouse gas that is over 25 times more potent than carbon dioxide—to leak into the atmosphere.

The number of annual oil spills has dropped dramatically since the 1970s

Oil spills from oil tankers—which can have a sharp, short-term impact on oil prices—have become increasingly rare over the decades in part because of stricter regulations.

Beyond oil, the Iran war has pushed up costs on fertilizer, prescriptions, and mortgages.

Spare capacity is the amount of oil production that can be brought online within 30 days and sustained for at least 90 days

Specifically, a country’s “spare capacity” signifies the difference between its maximum sustainable oil production and its current output. OPEC member countries hold nearly all of the world’s spare oil production capacity. Historically speaking, Saudi Arabia has been the country with the largest spare capacity.

Watch how seed cotton is collected and processed into cotton fibers, feed for livestock, and cooking oil.

How chemical recycling could create 'infinite' plastic

The way we normally recycle plastics is a downward spiral of waste and degraded materials, but there is another option—turning plastic back into the oil it was made from.

Trace the rise of oil: from early drilling to today’s global power

This animated map video vividly illustrates how petroleum shaped global politics and industry—from 18th-century uses and 19th-century drilling booms in North America to today’s OPEC strategies, shale revolution, and geopolitical oil influence.