US gasoline price up less than a penny
Diesel fuel up one cent
The national average diesel fuel price increased one cent to US$ 3.91/gal, 18 cents lower than the same time last year. Prices increased one cent in the East Coast, Gulf Coast and Rocky Mountain regions, to US$ 3.93/gal, US$ 3.83/gal, and US$ 3.93/gal, respectively. In the Midwest and West Coast regions, prices are up 2 cents from last week, at US$ 3.88/gal and US$ 4.07/gal respectively.
The US average retail price of regular gasoline has increased by less than one cent to remain at US$ 3.55/gal as of 26th August, 22 cents lower than the same time last year.
In the Midwest, prices increased by two cents to reach US$ 3.52/gal and by one cent on the Gulf Coast to US$ 3.38/gal, while decreasing in all other regions. The West Coast price is US$ 3.75/gal, down three cents from last week. The Rocky Mountains price is lower by 2 cents at US$ 3.62/gal. The East Coast price is down less than a penny, remaining at US$ 3.55/gal.
Propane inventories increase
Total US inventories of propane increased 0.2 million bbls from last week, ending at 62.1 million bbls. However, they are still 9.6 million bbls (13.4%) lower than the same period a year ago.
Gulf Coast and Rocky Mountains/West Coast inventories each gained by 0.1 million bbls, while East Coast inventories increased slightly. Midwest inventories decreased by 0.1 million bbls. Propylene non-fuel inventories represented 4.5% of total propane inventories.
For more from the EIA’s This Week in Petroleum, released on 28th August, see also ‘West Coast leads recent gasoline price declines’.
Adapted from a press release by Emma McAleavey.
Read the article online at: https://www.hydrocarbonengineering.com/gas-processing/29082013/gasoline_prices_up_less_than_a_penny602/
You might also like
Hydrocarbon Engineering Podcast
Rasmus Rubycz, Market Manager for New Energy at Atlas Copco Gas and Process, considers how heat pumps as an industrial technology are gaining greater attention as a result of the increased drive for sustainability and the challenges and opportunities of electrification of process heat.
Axpo expands small scale LNG operations
Axpo has completed its first LNG ship-to-ship delivery in the Port of Algeciras, marking the expansion of its LNG bunkering operations to a second Spanish port.
