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Import/Export Price Indexes
Bureau of Labor Statistics > Import/Export Price Indexes > Home

Louisiana and Texas: Price Movements of Top Energy Exports and Other Highlights

April 2025

Photo of a cathedral in Louisiana

Louisiana and Texas accounted for $267.2 billion in energy export trade dollar value in 2024. U.S. energy exports declined 1.4 percent in trade dollar value from 2023 to 2024. The price index for export fuels and lubricants decreased 2.0 percent in March and declined 2.4 percent over the past 12 months. Export prices for crude petroleum decreased in March. Fuel oil and light oils and other petroleum products export prices also declined over the same period.

Louisiana & Texas Energy Exports by Trade Dollar Value, 2024

  • With a combined value of $267.2 billion, energy exports from Louisiana and Texas represented 83.4 percent of U.S. energy exports in 2024, up from 82.6 percent in 2023.
  • The trade dollar value of crude petroleum—the largest energy export for Louisiana and Texas—advanced 0.9 percent from 2023 to 2024, accounting for 43.9 percent of 2024 energy exports from the region.
  • Louisiana and Texas exported $53.7 billion of fuel oil in 2024, accounting for 76.8 percent of total U.S. fuel oil exports by trade dollar value.
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U.S. Export Price Indexes: Crude Petroleum

  • Export crude petroleum prices decreased 4.0 percent in March.
  • The March decline in prices for export crude petroleum was the largest drop since the index decreased 9.0 percent in September 2024.
  • The price index for crude petroleum fell 10.9 percent from March 2024 to March 2025.
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U.S. Export Price Indexes: Fuel Oil

  • Prices for export fuel oil decreased 1.3 percent in March.
  • Fuel oil export prices declined 10.2 percent over the past 12 months.
  • The price index for export fuel oil has not advanced on a 12-month basis since the index rose 4.9 percent for the year ended July 2024.
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U.S. Export Price Indexes: Light Oils and Other Petroleum Products

  • Export prices for light oils and other petroleum products declined 1.7 percent in March.
  • The export price index for light oils and other petroleum products decreased 8.9 percent from March 2024 to March 2025.
  • The price index for export light oils and other petroleum products has not advanced on a 12-month basis since the index rose 1.1 percent for the year ended May 2024.
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Top Six States Exporting Energy by Trade Dollar Value, 2024

  • Texas was the largest energy exporting state in 2024, accounting for 68.2 percent of U.S. energy exports by trade dollar value. Louisiana ranked second, exporting 15.3 percent of the U.S. total trade dollar value.
  • The dollar value of 2024 energy exports from Louisiana was nearly three times the value of the next three states combined.
  • California and Pennsylvania—the third and fourth largest exporting states—accounted for 1.9 and 1.7 percent, respectively, of total U.S. energy exports in 2024.
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Southwest Information Office • BLSInfoDallas@bls.gov • https://www.bls.gov/regions/southwest/ • 972-850-4800 

 

Last Modified Date: April 29, 2025