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Table 5b. Economic and Physical Indicators for the Petroleum Industry (NAICS 324), 1998, 2002, and 2006
Indicators
MECS Survey Years
1998
2002
2006
Physical
Petroleum (Million Barrels per Year) 6,216 6,305 6,561
Nominal Economic Indicator (Current Billion Dollars)
Value of Shipments 138 215 547
Gross Output 135 212 530
Value Added 32 37 126
Real Economic Indicators (Billion 2000 Dollars)
Value of Shipments 1 227 241 264
Gross Output 2 224 240 254
Value Added 3 38 46 53

Notes: 1. Deflated using BEA's chain-type price indices for value of shipments.
2. Deflated using BEA's chain-type price indices for gross outputs.
3. Deflated using BEA's chain-type price indices for value added.
Sources: Energy Information Administration, Annual Energy Review 2004. (DOE/EIA-0384(2004) Table 5.8 Refinery Input and Output, 1949-2004; U.S. Department of Commerce, Bureau of the Census Annual Survey of Manufacturers, Statistics for Industry Groups and Industries, 2001, 2004, and 2009, Bureau of Economic Analysis (BEA), "Value of Shipments and Price Indexes by Detailed Industry" Dec 2005 and 2009 "Gross Output and Price Indexes by Detailed Industry 1998-2007," December 2005 and 2009 and "Price Indexes for Value Added by Detailed Industry," December 2005 and 2009.