Louisiana and Texas: Price Movements of Top Energy
Exports and Other Highlights
May 2017
www.bls.gov/mxp
Energy exports for Texas and Louisiana accounted for
just under $67 billion in trade dollar value in 2016.
Between 2015 and 2016, overall U.S. energy exports
declined 9.0 percent in trade dollar value. Prices for
export energy fell 3.1 percent from January to April.
Export fuel oil prices, the largest energy export industry,
declined 4.9 percent while light oils and other petroleum products prices rose 3.2 percent during the same
period. Metallurgical grade coal prices fell 4.9 percent
for the quarter ended in April.
Louisiana & Texas Energy Exports by Trade Dollar Value, 2016
Billons of Dollars
$0.3
$5.5
 With a combined value of over $66.9
Fuel Oil
billion,
Texas
and
Louisiana
accounted for 70.7 percent of U.S.
energy exports in 2016.
Light Oils & Other
Petroleum Products
$10.1
 Texas and Louisiana ranked first and
$29.2
Natural Gas &
Natural Gas Liquids
second in the United States for fuel
oil exports, respectively, with a
combined value just under $29.2
billion.
Crude Petroleum
$21.8
 The trade dollar value of natural gas
Metallurgical Grade
Coal & Related Fuels
and natural gas liquids from Louisiana and Texas advanced 30.8 percent
between 2015 and 2016.
Total Louisiana & Texas Energy Exports by Trade Value
Source: U.S. Census Bureau, Foreign Trade Statistics.
U.S. Export Price Indexes: Fuel Oil
 Export energy prices decreased 3.1
percent for the 3 months ended in April
and fuel oil prices, the largest
component declined 4.9 percent.
 The quarterly drop for fuel oil exports
was the largest 3-month decline since a
17.8-percent drop in March 2016.
 Export prices for energy and fuel oil
advanced 35.1 percent and 56.3
percent, respectively, over the past
year.
Index value, Apr 2016=100
170
163
156
149
142
135
128
121
114
107
100
93
86
Apr-16
Jun-16
Aug-16
Fuel oil
Source: U.S. Bureau of Labor Statistics, International Price Program.
Oct-16
Dec-16
Overall fuels & lubricants
Feb-17
Apr-17
Import/Export Price Indexes (MXP) and Louisiana and Texas Highlights
www.bls.gov/mxp
U.S. Export Price Indexes: Light Oils and Other Petroleum Products
 The export price index for light oils and
Index value, Apr 2016=100
145
other petroleum products rose 3.2 percent
for the quarter ended in April.
140
 Export prices for light oils and other
125
petroleum products advanced
percent over the past 12 months.
24.3
135
130
120
115
110
105
 April’s 12-month rise was 4.5 percentage
100
points lower than February’s over-theyear increase which was the largest
12-month advance since September 2011.
95
Apr-16
Jun-16
Aug-16
Oct-16
Light oils and other petroleum products
Dec-16
Feb-17
Apr-17
Overall fuels & lubricants
Source: U.S. Bureau of Labor Statistics, International Price Program.
U.S. Export Price Indexes: Metallurgical Grade Coal
Index value, Apr 2016=100
198
191
184
177
170
163
156
149
142
135
128
121
114
107
100
93
Apr-16
Jun-16
 Export metallurgical grade coal prices fell
12.0 percent between January and April,
the largest 3-month decline since a
15.3-percent drop in December 2012.
 Metallurgical grade coal prices rose 55.6
percent for the year ended in April.
 In February, the price index for export
Aug-16
Metallurgical grade coal
Oct-16
Dec-16
Feb-17
Apr-17
Overall fuels & lubricants
Source: U.S. Bureau of Labor Statistics, International Price Program.
metallurgical coal recorded the highest
level for the index since the BLS first
published the index in December 2008.
Top Six States Exporting Energy by Trade Dollar Value, 2016
Billions of Dollars
 Texas was the largest energy exporting
state in 2016, accounting for 53.6
percent of U.S. energy exports. Louisiana
ranked second, accounting for 17.0
percent.
 California was the third largest exporting
state, accounting for 3.6 percent of total
U.S. energy exports.
 Energy exports from Louisiana were
greater than the next 5 states combined.
$60
$50.8
$50
$40
$30
$20
$16.1
$10
$3.4
$3.3
$2.7
$2.4
California
Illinois
Mississippi
Pennsylvania
$0
Texas
Louisiana
Source: U.S. Census Bureau, Foreign Trade Statistics.
Southwest Information Office • [email protected] • http://www.bls.gov/regions/southwest/ • 972-850-4800