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

View breakdowns of the world's and each nation's electricity comes from

These charts show how the shares of generated electricity sources—solar, wind, hydro, nuclear, bioenergy, oil, gas, and coal—have changed since 1985. Since 2010, an increase in renewable sources has offset the share lost by nuclear and fossil fuels.

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.

Explore which sectors produce the most greenhouse gas emissions by country

As of 2023, the energy sector, including electricity and heating, accounts for the largest share of greenhouse gas emissions. The 10 largest greenhouse gas-emitting nations account for two-thirds of global emissions, with the world's top three—China, the US, and India—contributing 15 times more than the bottom 100.

View a breakdown of global electricity generation in 2025, led by coal power plants.

Data from 2020 suggests that fossil fuels are the most dangerous and least clean energy sources, causing the most deaths and emitting the most greenhouse gases per unit of energy generated.

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

The world's wealthiest 10% are responsible for 48% of greenhouse gas emissions

An analysis by the International Energy Agency found that in 2021, the top 1% of emitters each produced over 50 metric tons of carbon dioxide, over 1,000 times the amount produced by those in the bottom 1%. The average energy-related carbon footprint, including household heating and electricity use, was about 4.7 metric tons per person.

China is the world’s largest importer of crude oil

China is pushing to reduce its reliance on US oil to limit geopolitical vulnerabilities. It’s rapidly becoming the world’s renewable energy superpower.

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.

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.

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.

As of 2025, China used the most electricity of any country, accounting for 33% of the total global demand and more than twice that of the US.

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.

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.

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.

The world's top agriculture-producing countries

Agriculture is one of the most important industries in the global economy, and while every country produces some of its own food, some countries dominate the markets. The US, Brazil, and the Netherlands are the world's top three agriculture exporters. See more charts and statistics on the topic with this Investopedia article.

View an interactive map of US power plants, which generate electricity from coal, gas, water, biomass, nuclear fuel, oil, sunlight, and wind.

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

Renewable energy basics

Discover the many benefits to using renewable energy resources, but what is it exactly? From solar to wind, it’s the fastest-growing source of energy in the world – and how we can use it to combat climate change.

As of 2024, China is the largest overall contributor to global greenhouse gas emissions

Due to its large population, the nation's per capita emissions continue to lag behind those of the US, Canada, Russia, Australia, and Saudi Arabia. The Arab country has experienced the most significant increase in per capita greenhouse gas emissions since 1990, now leading the world at 22.8 metric tons of carbon dioxide equivalent per capita.

As of 2022, just 0.5% of installed renewable energy capacity worldwide is geothermal

Despite being able to generate electricity regardless of the weather, solar (28%) and wind (27%) are far more prevalent, primarily because of their lower upfront costs. Geothermal plants use 88% less space than solar farms to produce the same energy, but have been restricted to geologically active regions.

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.

Carbon dioxide is the most produced greenhouse gas from human activities

In 2022, about 79.7% of US greenhouse gas emissions were carbon dioxide, produced through chemical reactions in processes such as cement production and the burning of fossil fuels, solid waste, trees, and other biological materials. Methane (11.1%), nitrous oxide (6.1%), fluorinated gases (3.1%), and trace amounts of solid and liquid aerosol were also created.

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.

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.

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.

Texas is the state with the most energy sector employees

Texas has more than 990,000 individuals in the energy sector—roughly eight out of every 100 workers statewide. Oil and natural gas production account for more than 289,000 workers.

Visualize energy sources and uses across the US

Want to understand the basics of America’s current energy situation? The National Academies, advisers to the nation on science, engineering, and medicine, provides objective information about the United States’ current energy sources and uses, as well as a look forward to the future of energy.

Lessons from the 1973 energy crisis still echo in today’s geopolitical battles over oil

The video from the Economist highlights how energy supply disruptions can be weaponized—just as in 1973, today’s gas cutoffs (Russia throttling supplies to Europe after their invasion of Ukraine) reveal the ongoing importance of strategic energy resilience.

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

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.

In 2019, the US became a net energy exporter thanks to the fracking boom

The US began exporting more energy than it consumed that year, making it a net energy exporter. Energy imports have decreased every year since 2007, as improved technology has increased the number of accessible domestic oil and natural gas reserves.

Clean energy technologies are more mineral-intensive than burning fossil fuels

Solar panels use silver due to its high conductivity, hydropower plants use chromium in their steel alloys, and geothermal plants need titanium to withstand abundant heat and pressure. Lithium—used in energy storage—is expected to see over 500% increased demand from 2020 to 2025.

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.

View a ranking of the countries with the largest helium reserves, led by the US

Estimated at 20.6 billion cubic meters (727.5 billion cubic feet) as of 2022, US helium reserves are more than double those of Qatar, the second nation on the list. Leading the world in natural gas production, from which helium is recovered, the US also leads global helium production, which helps mitigate shortages resulting from overseas geopolitical tensions.

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.

Oil and natural gas from fracking is considered unconventional

This method forcibly extracts fossil fuels from tightly packed rocks, where they form from organic matter that has undergone extreme heat and pressure. Conventional drilling, on the other hand, waits for the oil and gas to escape from shale and accumulate in more porous and permeable rocks, such as limestone.

See a breakdown of how each country contributes to the world's $126T economy.

Learn how helium is used in the US, the world's largest producer of the noble gas

About 44% of the global supply comes from the US, as much as the next two biggest producers—Qatar and Russia—combined. According to the US Geological Survey, more than half of this helium is used in scientific and engineering equipment (22%), non-welding-related manufacturing and fabrication (17%), and as a lifting agent (17%).

All clean energy technologies rely heavily on critical minerals

Although many of these minerals have been used for decades, such as copper in electrical wiring, the accelerating demand for them has strained existing extraction and processing systems. Supply chain disruptions for these materials may delay and increase the cost of transitioning to solar, wind, hydroelectric, and geothermal power.

Nuclear power supplies almost half of US carbon-free energy

As of 2023, nearly 20% of US electricity comes from nuclear power, but most reactors were built from 1971 to 1990. Expansion slowed due to safety concerns, high costs, and competition from natural gas.

In 2016 OPEC and 10 major producers—including Russia—launched OPEC+

OPEC+ emerged in 2016 when 10 additional producers, including Russia, joined to stabilize markets amid U.S. shale growth. In 2022, OPEC alone supplied 38 % of global crude oil, but combined with OPEC+, output reached nearly 59 % of world production—significantly amplifying its market power.

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

More than 85% is refined into fuels, such as gasoline and diesel, while about 10% is converted into raw materials for plastics, synthetic rubbers, and other essential products, such as lubricants. Because the majority of these products are less dense than the starting crude oil and additional inputs are introduced during the refining process, there is a processing gain of three gallons.

The 1973 oil embargo by OPEC inspired advances in alternative energy technology

The shortages imposed by the Organization of Petroleum Exporting Countries (OPEC) created a global energy crisis and economic instability after the Arab-Israeli War. This led to investments in green technologies and improvements in automobile fuel efficiency and manufacturing.

Iran's 1979 revolution sparked a second oil shock—and reconfigured global energy markets.

Find out how much energy in the US comes from renewable sources and other FAQs

Browse frequently asked questions about renewables, from the amount of energy production by state to the cost of electricity generation by power source.

The top wine-producing countries in the world

Three European countries dominate the world in wine production: France, Italy, and Spain. This table lays out how the world's top wine-producing countries compare in terms of annual volume, with Europe and the United States comprising the bulk of production. Visualize the country-by-country difference with this bar graph.

The surprising world of coal seam fires

Hundreds of coal seam fires are actively smoldering around the world at any given time, including some that have stayed lit for centuries. These fires have occurred naturally for millions of years, lit atop deposits of coal in the earth. Dive into...

Methane: the other greenhouse gas

While most of the focus with respect to greenhouse gases lands on carbon dioxide, methane is the second most potent contributor. The gas, a carbon atom with four hydrogen atoms, is 25 times more potent than CO2 in terms of trapping heat over a 100...