Petroleum Usage 2016 Vs. 2015: Everything Higher but Diesel

Investment Advisor Representative - Sitka Pacific Capital Management • Jul 14, 2016 at 1:37 PM EDT

U.S. petroleum usage in 2016 is up in every category this year compared to last year with the exception of diesel.

A couple of charts I produced from the Energy Information Administration (EIA) Weekly Petroleum Report will explain.

Usage in Barrels

Percentage Change 2016 vs. 2015

I left off fuel oil (up 42.95%) as it distorted the chart. As you can see from the first chart, fuel oil is an insignificant amount of the total usage.

Percentage Changes

Total: +1.62%
Gasoline: +3.38%
Jet Fuel: +3.67%
Diesel: -5.99%
Fuel Oil: +42.95%
Propylene: +2.06%
Other: +2.17%

Diesel usage (primarily truck shipping) is down, all other petroleum usage is up.

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