Skip to main content

EIA: average gasoline and diesel prices decrease in the US

Published by
Hydrocarbon Engineering,


The US average regular gasoline retail price decreased US$0.02 to US$3.28/gal. on 27 December 2021, US$1.03 higher than in 2020. The Gulf Coast price decreased more than US$0.03 to US$2.91/gal., the Rocky Mountain price decreased more than US$0.02 up to US$3.39/gal., the Midwest and West Coast prices each decreased nearly US$0.02 to US$3.03/gal. and US$4.13/gal., respectively, and the East Coast price decreased more than US$0.01 to US$3.24/gal.

The US average diesel fuel price decreased more than US$0.01 to US$3.62/gal. on 27 December 2021, US$0.98 higher than in 2020. The Rocky Mountain price decreased nearly US$0.03 to US$3.70/gal., the Midwest price decreased more than US$0.01 to US$3.48/gal., the West Coast price decreased US$0.01 to US$4.37/gal., and the East Coast and Gulf Coast prices each decreased nearly US$0.01 to US$3.60/gal. and US$3.33/gal., respectively.

US propane/propylene stocks decreased by 3.6 million bbl to 66.5 million bbl as of 24 December 2021, 7.1 million bbl (9.7%) less than the 5-year (2016 – 2020) average inventory levels for this same time of year. Gulf Coast inventories decreased by 2.8 million bbl, Midwest inventories decreased by 0.4 million bbl, and East Coast and Rocky Mountain/West Coast inventories each decreased by 0.2 million bbl.

As of 27 December 2021, residential heating oil prices averaged nearly US$3.37/gal., more than US$0.02/gal. above the previous week’s price and almost US$0.93/gal. higher than 2020’s price at this time. Wholesale heating oil prices averaged nearly US$2.47/gal., more than US$0.11/gal. above the previous week’s price and US$0.86/gal. above 2020’s price.

Residential propane prices averaged US$2.70/gal., less than US$0.01/gal. above the previous week’s price and US$0.73/gal. above 2020’s price. Wholesale propane prices averaged almost US$1.24/gal., more than US$0.04/gal. above the previous week’s price and more than US$0.40/gal. above 2020’s price.

Read the article online at: https://www.hydrocarbonengineering.com/refining/04012022/eia-average-gasoline-and-diesel-prices-decrease-in-the-us/

You might also like

ELAFLEX and SGB partner up

ELAFLEX HIBY and SGB have announced that the ELAFLEX HIBY Group has acquired the German supplier and manufacturer of leak detection technology, SGB GmbH.

 
 

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


 

This article has been tagged under the following:

US Energy Information Administration news