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15 MB - Great Lakes Maritime Research Institute

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Table 3.3: Percent Change in U.S. Fuel Consumption*Millions of barrels per dayDemand2005-2006change2006-2007change2005-2007changeMotor Gasoline 0.66% 0.98% 1.64%Jet Fuel 1.84% 2.41% 4.29%Distillate Fuel Oil 2.19% 2.62% 4.87%Residual Fuel Oil -16.48% 6.58% -10.99%Other Oils 1.02% 3.04% 4.10%Total Demand 0.39% 2.12% 2.52%*Diesel fuel is projected to have the greatest change from 2005-2007.Source: Energy Information Administration\Short-Term Energy Outlook - July 2006,Table 5a; Bureau of Business and Economic <strong>Research</strong>Table 3.4: 2005 U.S. Diesel Excise Tax and Daily, Yearly DemandFederal tax: 24.4 cents per gallonState tax: 21.6 cents per gallonDaily Demand= 4.11 Million Barrels (Barrel = 42 U.S. Gallons)= 172.62 Million GallonsYearly Demand= 63,006.3 million gallons2005 Excise Tax collection total = $630,063,000Sources: Diesel Demand from: Energy Information Administration\Short-Term EnergyOutlook - July 2006, Table 5a; Excise Tax Totals from: Energy InformationAdministration, Petroleum Marketing Monthly, February 2006, Explanatory Notes, TableEN139

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