Transportation of Refined Petroleum Products (Including Ethylene and Other Petrochemicals) by Pipeline for Pipeline Transportation, All Establishments, Employer Firms
This dataset tracks transportation of refined petroleum products (including ethylene and other petrochemicals) by pipeline for pipeline transportation, all establishments, employer firms over time.
Latest Value
13527.00
Year-over-Year Change
113.53%
Date Range
1/1/2013 - 1/1/2022
Summary
This economic trend measures the transportation of refined petroleum products, including ethylene and other petrochemicals, via pipelines by all establishments with employer firms. It provides insight into the logistics and infrastructure supporting the energy and petrochemical industries.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Transportation of Refined Petroleum Products (Including Ethylene and Other Petrochemicals) by Pipeline for Pipeline Transportation, All Establishments, Employer Firms trend offers data on a critical component of the energy supply chain. It captures the volume of refined fuels and chemicals moved through pipeline networks, which is a key indicator of midstream energy activity and market conditions.
Methodology
The data is collected and reported by the U.S. Bureau of Transportation Statistics.
Historical Context
This trend is closely watched by energy analysts, policymakers, and industry participants to gauge the health and dynamics of the petroleum and petrochemical sectors.
Key Facts
- Pipelines are the primary mode of transportation for refined petroleum products in the U.S.
- The petrochemical industry is a major consumer of refined petroleum products transported via pipelines.
- This trend has implications for energy prices, supply chains, and infrastructure investment.
FAQs
Q: What does this economic trend measure?
A: This trend measures the volume of refined petroleum products, including ethylene and other petrochemicals, transported via pipelines by all establishments with employer firms.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insight into the logistics and infrastructure supporting the energy and petrochemical industries, which is crucial for understanding market dynamics and energy supply.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Bureau of Transportation Statistics.
Q: How is this trend used in economic policy?
A: This trend is closely watched by energy analysts, policymakers, and industry participants to gauge the health and dynamics of the petroleum and petrochemical sectors, which informs decision-making and policy development.
Q: Are there update delays or limitations?
A: The data is reported on a monthly basis, but there may be some delays in publication due to the nature of data collection.
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Citation
U.S. Federal Reserve, Transportation of Refined Petroleum Products (Including Ethylene and Other Petrochemicals) by Pipeline for Pipeline Transportation, All Establishments, Employer Firms (PTTORPPEAO4486), retrieved from FRED.