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OECD Inventory of Support Measures for Fossil Fuels: Country Notes

image of OECD Inventory of Support Measures for Fossil Fuels: Country Notes

This new web format for Country Notes on Fossil Fuel Support provides interactive on-line access to the latest data from the OECD Inventory of Support Measures for Fossil Fuels by country – identifying and estimating the value of support arising from policies that encourage the production or consumption of fossil fuels. The web version allows users to download, share and play with the data. Interactive graphics enable data visualisation, in national currency, by beneficiary and by energy product. These Country Notes provide, for each of the 50 economies covered in the Inventory, a snapshot of energy market structure, the current state of energy prices and taxes, and recent developments and trends in fossil fuel support. Data and country notes for the EU Eastern Partnership (EaP) countries have been collected and prepared as part of the GREEN Action Task Force.

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United States

The United States (US), a leading producer and consumer of energy, had its declining reserves boosted recently by new hydrocarbon discoveries in the Gulf of Mexico and by the deployment of new technologies for the extraction of shale gas and tight oil in states such as North Dakota, Ohio and Texas. The country was heavily dependent on imports of oil, which in 2013, net imports contributed 44% of the volume of its total crude-oil supply but increased domestic production in recent years has more than halved this share to just over 18% in 2021. Overall, the US produced almost all of its total energy needs domestically in 2021 with the country maintaining its net total energy exporter status since 2019.

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