Finished Gasoline Stocks, Total for United States
Millions of Barrels (Of 42 Gallons), Monthly, Not Seasonally Adjusted
M0514DUSM387NNBR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
151.10
Year-over-Year Change
18.23%
Date Range
12/1/1950 - 12/1/1953
Summary
This economic trend measures the total volume of crude oil stored in the United States on a monthly basis. It is a key indicator of supply and demand dynamics in the global energy market.
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 'Millions of Barrels (Of 42 Gallons), Monthly, Not Seasonally Adjusted' metric tracks the nationwide inventory of crude oil held in storage facilities across the U.S. This data point is closely monitored by policymakers, analysts, and industry participants to gain insights into energy market conditions.
Methodology
The data is collected and reported by the U.S. Energy Information Administration (EIA) based on surveys of commercial and government storage facilities.
Historical Context
Crude oil inventory levels influence price movements and investment decisions in global energy markets.
Key Facts
- Crude oil is stored in large underground and aboveground tanks.
- Storage levels fluctuate seasonally and in response to global events.
- The U.S. is the world's largest producer and consumer of crude oil.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the total volume of crude oil held in storage facilities across the United States on a monthly basis.
Q: Why is this trend relevant for users or analysts?
A: Crude oil inventory levels are a key indicator of supply and demand dynamics in the global energy market, influencing price movements and investment decisions.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Energy Information Administration (EIA) based on surveys of commercial and government storage facilities.
Q: How is this trend used in economic policy?
A: Policymakers, analysts, and industry participants closely monitor crude oil inventory levels to gain insights into energy market conditions and inform policy decisions.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, with a typical 1-2 month delay.
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Citation
U.S. Federal Reserve, Millions of Barrels (Of 42 Gallons), Monthly, Not Seasonally Adjusted (M0514DUSM387NNBR), retrieved from FRED.