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National Petroleum Day: August 27, 2022
Press Release Number CB22-SFS.115
From the U.S. Energy Information Administration, Oil and petroleum products explained:
“Crude oil and other liquids produced from fossil fuels are refined into petroleum products that people use for many different purposes. Biofuels are also used as petroleum products, mainly in mixtures with gasoline and diesel fuel.
“Petroleum has historically been the largest major energy source for total annual U.S. energy consumption. We use petroleum products to propel vehicles, to heat buildings, and to produce electricity. In the industrial sector, the petrochemical industry uses petroleum as a raw material (a feedstock) to make products such as plastics, polyurethane, solvents, and hundreds of other intermediate and end-user goods.
“In 2021, U.S. petroleum consumption averaged about 19.78 million barrels per day (b/d), which included about a million b/d of biofuels. U.S. total petroleum consumption was about 8% higher in 2021 than the level in 2020 largely because the U.S. economy recovered from the effects of responses to the COVID-19 pandemic. Consumption of most petroleum products in 2021 was higher than in 2020.”
Key Stats
From Foreign Trade > U.S. International Trade Data:
Note: Click on the images above for the full webpage.
Note: After you create an account, select options for “State Export Data (Origin of Movement)” or “State Import Data (State of Destination)” by “Harmonized System” (HS) or “NAICS.” Select “State” and “Measures,” “Commodity,” (search for "Petroleum”), “Country” or “Time” for data. More information can be found in the Quick Start Guide.
More Stats
Source: Quarterly Financial Report (QFR), 2000-2022.
Source: Manufacturers' Shipments, Inventories and Orders (M3) Survey, 1992-2022.
Source: Monthly Wholesale Trade: Sales and Inventories, 1992-2022.
Source: Monthly Retail Trade, 1992-2022.
Source: Quarterly Services Survey (QSS), 2010-2022.
Source: 2019 American Community Survey (ACS) 1-Year Estimates.
Source: 2018 – 2020 Annual Survey of Manufactures (ASM).
- NAICS 32411, Petroleum Refineries
- NAICS 32412, Asphalt Paving, Roofing, and Saturated Materials Manufacturing
- NAICS 32419, Other Petroleum and Coal Products Manufacturing
Source: 2020 County Business Patterns (CBP).
- NAICS 211, Oil and Gas Extraction
- NAICS 23712, Oil and Gas Pipeline and Related Structures Construction
- NAICS 32411, Petroleum Refineries
- NAICS 32412, Asphalt Paving, Roofing, and Saturated Materials Manufacturing
- NAICS 32419, Other Petroleum and Coal Products Manufacturing
- NAICS 42471, Petroleum Bulk Stations and Terminals
- NAICS 42472, Petroleum and Petroleum Products Merchant Wholesalers (Except Bulk Stations and Terminals)
- NAICS 44711, Gasoline Stations with Convenience Stores
- NAICS 44719, Other Gasoline Stations
- NAICS 48611, Pipeline Transportation of Crude Oil
- NAICS 48691, Pipeline Transportation of Refined Petroleum Products
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