This report forecasts to 2023 and 2027 US refined petroleum products consumption and production in barrels at the refiner level. Total consumption and production are segmented by type in terms of: gasoline; distillate fuel; jet fuel; residual fuel; and other products such as asphalt, petroleum coke, and still gas.
To illustrate historical trends, total consumption, total production, the various segments, and trade are provided in annual series from 2012 to 2022.
“Demand” and “consumption” may be used interchangeably throughout the report. However, “shipments” and “production” are not interchangeable terms.
This report encompasses finished petroleum products manufactured at petroleum refining facilities via the processing of crude oil and other liquids. Hydrocarbons and other liquids separated at natural gas plants, such as liquefied petroleum gases and pentanes plus, are excluded from the scope of this report. Finished motor gasoline blends containing up to 10% ethanol content are included; blends with greater than 10% ethanol are not. Reported figures represent the volume of finished products, with blending components not considered separately. Re-exports of refined petroleum products are excluded from consumption and trade figures.
Key macroeconomic indicators are also provided with quantified trends. Other various topics, including profiles of pertinent leading companies, are covered in this report. A full outline of report items by page is available in the Table of Contents.
Related NAICS Codes: 324110 Petroleum Refineries
HIGHLIGHTS
MARKET ENVIRONMENT
Historical Trends
Key Economic Indicators
Trade
Environmental & Regulatory Factors
Gas & Diesel Pricing Trends
CONSUMPTION SEGMENTATION & FORECASTS
Gasoline
Distillate Fuel
Jet Fuel
Residual Fuel
Other Products
PRODUCTION SEGMENTATION & FORECASTS
Gasoline
Distillate Fuel
Jet Fuel
Residual Fuel
Other Products
INDUSTRY STRUCTURE
Industry Characteristics
Refining Capacity Share
ABOUT THIS REPORT
Scope
Sources
Industry Codes
Freedonia Methodology
Resources
LIST OF TABLES & FIGURES
Figure 1 | Key Trends in US Refined Petroleum Products Consumption, 2022 - 2027