Data from the US Energy Information Administration (EIA) showed that the US exported and imported nearly equal amounts of energy in May 2020. According to the data, US energy exports and imports were about 1.7 quadrillion British thermal units (quads) in that month, with exports slightly exceeding imports. US energy exports and imports fell by 15% and 19% year-on-year, respectively in May as the coronavirus pandemic reduced domestic energy production and overseas demand.
In May 2020, US gross crude oil imports increased to 6.1 million bpd after hitting the lowest monthly amount since February 1992 at 5.5 million bpd in April. Meanwhile, US gross crude oil exports fell to the lowest monthly volume since August 2018 at 2.9 million bpd in May. US gross petroleum products exports fell 28% from April to 3.9 million bpd in May. Meanwhile, US gross imports of petroleum products declined 3% to 1.7 million bpd over the same period.
US gross natural gas exports, as LNG and through pipelines, fell 6% from April to 13 Bcfd in May. Over the same period, US gross natural gas imports decreased by 2% to 6.1 Bcfd. US gross coal exports plunged 14% from April to less than 5 million short tons in May. Meanwhile, US gross coal imports increased by 36% to nearly 0.5 million short tons over the same period.
