What is it?
Energy production data comes from the Energy Information Administration showing the total amount of energy that is produced in the U.S. economy. The total production figure includes all energy types, including fossil fuels and renewable energy sources. The data is nonseasonally adjusted and measured in trillions of BTUs.
Who is interested?
Economists, energy market analysts
What does it tell me?
Energy production is one of the drivers of freight activity in the economy, as considerable amounts of raw materials are moved by truck or rail to drilling or mining sites, and energy output such as oil or coal is then transported throughout the domestic economy or exported. Energy production has surged in the U.S. economy over the last decade, led by advances in shale oil drilling.
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