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Petroleum Expenditures by Product

 

Expenditures on petroleum products increased 41.7 percent to $8,059.6 million ($8.1 billion) in 2022 from expenditures of $5,689.7 million ($5.7 billion) in 2021.

Motor gasoline expenditures and distillate fuel (diesel fuel and heating oil) expenditures comprised nearly all (91 percent) of the money spent on petroleum products in 2022. Lubricants expenditures were 2.50 percent, propane expenditures were 2.48 percent, asphalt and road oil expenditures were 2.02 percent, and jet fuel expenditures were 1.97 percent of the total. Expenditures on each of the other fuels were less than 1 percent of the total.

The expenditures are in nominal dollars to provide a better comparison.

 

 


Sources: State Energy Price and Expenditure Report. Energy Information Administration, Washington, DC. Nebraska Department of Environment and Energy, Lincoln, NE.

Notes: Totals may not equal the sum of the components due to independent rounding.

1 Other petroleum is the subtotal of sixteen (16) petroleum products consumed in the industrial sector.