Skip to main content
  1. Home
  2. Petrochemicals
  3. 12 Feb 15
  4. US gasoline and diesel price movements: Week ending 9 February 2015

US gasoline and diesel price movements: Week ending 9 February 2015

Hydrocarbon Engineering,

Gasoline

The US average price for regular gasoline increased 12 cents from the previous week to US$2.19/gal. as of 9 February 2015, US$1.12/gal. less than the same time last year.

Prices in all regions increased this week with the West Coast up 15 cents to US$2.47/gal., followed by the Midwest price, which increased 14 cents to US$2.17/gal. The Gulf Coast price rose 12 cents to US$1.98/gal., and the East Coast price was up ten cents to US$2.19/gal. The Rocky Mountain price rose eight cents to US$1.95/gal.

Diesel

The US average price for diesel fuel increased less than half a cent from a week ago to US$2.84/gal., US$1.14/gal. less than the same time last year.

Regional price movements were mixed. The Gulf Coast and Rocky Mountain prices fell one cent, to US$2.76/gal. and US$2.78/gal., respectively. The East Coast price was down less than half a cent to US$2.93/gal. The West Coast price increased by four cents to US$2.92/gal., and the Midwest price rose less than half a cent to US$2.77/gal.

Propane

US propane stocks decreased by 2.3 million bbls last week to 65.0 million bbls as of 6 February 2015, 37.1 million bbls (132.8%) higher than a year ago. Gulf Coast and East Coast inventories both decreased by 0.7 million bbls. Midwest inventories decreased by 0.6 million bbls and Rocky Mountain/West Coast inventories decreased by 0.2 million bbls.

Propylene non-fuel use inventories represented 6.3% of total propane inventories.

Residential heating oil

As of 9 February 2015, residential heating oil prices averaged US$2.91/gal., 11 cents/gal. higher than last week, and US$1.33/gal. less than last year’s price for the same week. Wholesale heating oil prices averaged less than US$1.98/gal., almost 15 cents/gal. higher than last week and nearly US$1.47/gal. lower when compared to the same time last year.

Residential propane prices averaged US$2.36/gal., approximately 1 cent/gal. lower than last week, and US$1.40/gal. less than the price at the same time last year. The average wholesale propane price increased by almost 6 cents/gal. this week to just under 67 cents/gal., US$1.94/gal. lower than the 10 February 2014 price.


Adapted from a press release by Emma McAleavey.

Read the article online at: https://www.hydrocarbonengineering.com/petrochemicals/12022015/gasoline-and-diesel-price-233/

You might also like

Get connected

Industrial operators that take advantage of the latest digital and automation asset performance management (APM) tools can look forward to improved operational efficiency, reduced downtime, and a proactive maintenance culture. Stacey Jones, ABB Energy Industries, explains.

 
 

Embed article link: (copy the HTML code below):