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Table 5b. Economic and Physical Indicators for the Petroleum Industry, 1985-1998 
Petroleum   (SIC 29; NAICS 324)
Physical Units 1985 1988 1991 1994 1998
Million Barrels per Day 14.5 15.0 15.3 15.8 17.0
Billion Barrels (calculated) 5.3 5.5 5.6 5.8 6.2
Nominal Economic Indicators (current $ billion)
Value of Shipments 190.2 131.7 159.1 143.3 136.7
Gross Output 103.1 129.1 156.4 141.2 134.9
Gross Domestic Product 17.4 32.3 28.8 29.3 32.9
Value Added  1 17.1 25.3 24.0 29.1 29.0
Industrial Production 17.1 25.3 24.0 29.1 31.5
Real Economic Indicators (1998 $ billion)
Value of Shipments 2 130.5 129.1 127.9 127.6 136.7
Gross Output 2 70.7 126.6 125.7 125.7 134.9
Gross Domestic Product3 29.5 38.4 25.0 27.4 32.9
Value Added 3 29.0 30.0 20.8 27.1 29.0
Industrial Production 4 21.6 29.0 27.4 32.1 31.5

1 Value added for 1998 was derived by adjusting the 1996 value added by the change in GDP by Industry between 1996-1998.
2 Value of shipments and Gross Output in 1998 dollars were converted using gross output implicit price deflators for SIC 29.
3 Value added and GDP in 1998 dollars were converted using GDP implicit price deflators for SIC 29.
4 Industrial Production in 1998 dollars obtained by rebasing 1992=100 Industrial production indexes into a 1998=100 base.
Sources: Physical Units:  Energy Information Administration,  Annual Energy Review 2000. (DOE/EIA-0384(2000)):Table 5.8 Refinery Input and Output, 1949 - 2000. Pg. 137; Economic Indicators: U.S. Bureau of Economic Analysis, 1977-2000 Gross Output by Detailed Industry (NDN-0288);  U.S. Census Bureau, Annual Survey of Manufactures http://www.census.gov/prod/2/manmin/m3/m3-96a.pdf (opens a new window); Federal Reserve Board, data obtained from Kristen T. Hamdan of the Federal Reserve Board.

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For specific questions about  "Manufacturing Sector Energy Trend Data", please contact:

Behjat Hojjati
behjat.hojjati@eia.doe.gov
Phone: 202-586-1068
Fax:  202-586-0018

Robert Adler
Manufacturing Survey Manager
robert.adler@eia.doe.gov
Phone: 202-586-1134
Fax:  202-586-0018

Release Date:  October 2004 

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