The United States imported more crude oil and petroleum products than it exported in May and June of this year, briefly reversing the country’s 15-year-long trend toward becoming a net petroleum exporter. After being a net petroleum exporter for seven consecutive months from October 2019 through April 2020, the United States became a net importer, and U.S. net petroleum imports averaged 939,000 barrels per day (b/d) in May and 675,000 b/d in June. On an annual basis, U.S. net imports of petroleum have fallen from a high of 12.5 million b/d in 2005 to 0.7 million b/d in 2019.