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Google·Product Manager·Onsite - Product Sense / Strategy·Intermediate

Intermediate
Jun 2026

Summary

Interviewed for a PM role at Google and got hit with a market sizing question about U.S. oil imports. Pretty standard estimation format but I underestimated how much structure they wanted.

Questions Asked (1)

Q1

Estimate how many barrels of oil the United States imports per year.

Product Analytics & MetricsAdaptability & Ambiguity
Author's notes

I started by trying to break it down from daily consumption and work backward to imports, but I fumbled the math mid-answer and kind of lost the thread.

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AI HintsAI Generated

Suggested Approach

Break the problem into supply and demand components: first estimate total U.S. oil consumption, then estimate domestic production, and the difference approximates imports (adjusting for exports). Use round numbers and state assumptions clearly, focusing on logical structure rather than precise figures.

Pro tip: Acknowledge that the U.S. is both a major importer and exporter of oil, so net imports are what matter; mentioning this nuance shows you understand the complexity beyond a simple consumption-production gap.

1. Clarify the question and set scope

Confirm whether the estimate is for crude oil only or all petroleum products, and whether net or gross imports. State that you'll estimate net imports of crude oil for simplicity.

2. Estimate U.S. daily oil consumption

Use population (~330M) and approximate per capita oil use. For example, assume ~2.5 gallons per person per day (including industrial use), convert to barrels (1 barrel = 42 gallons), yielding ~20 million barrels per day.

3. Estimate U.S. daily oil production

Recall that U.S. produces roughly 12-13 million barrels per day (from shale revolution). Use a round number like 12 million barrels per day.

4. Calculate net imports and annualize

Subtract production from consumption: 20M - 12M = 8M barrels per day net imports. Multiply by 365 to get annual net imports: ~2.9 billion barrels per year.

5. Sanity check and adjust

Verify with known facts: U.S. net imports are actually around 3-4 billion barrels per year historically, but recent years have seen lower net imports due to increased production and exports. Adjust if necessary and state final estimate.

Key Points to Mention

  • U.S. oil consumption is roughly 20 million barrels per day.
  • U.S. oil production is roughly 12-13 million barrels per day.
  • Net imports = consumption - production (adjusting for exports).
  • 1 barrel = 42 gallons, useful for unit conversions.
  • U.S. is a net exporter of refined products but net importer of crude oil.
  • Annual net imports are in the range of 3-4 billion barrels, but declining.

AI-generated suggestions, not part of the candidate's original notes. May be inaccurate — verify before relying on them.