The Latest

Upcoming Events


Send press releases to Ernst@Agfax.com.

View All Events


Send press releases to Ernst@Agfax.com.

View All Events

Diesel, Gas Prices Decline, Propane Stocks Up Slightly

Ernst Undesser
From the Energy Information Administration May 17, 2017

Diesel, Gas Prices Decline, Propane Stocks Up Slightly

The U.S. average diesel fuel price fell over two cents to $2.54 per gallon on May 15, 25 cents higher than a year ago. The Gulf Coast and Rocky Mountain prices each fell nearly three cents to $2.38 per gallon and $2.63 per gallon, respectively, the West Coast price fell over two cents to $2.82 per gallon, and the East Coast and Midwest prices each fell nearly two cents to $2.60 per gallon and $2.48 per gallon, respectively.

 

 

The U.S. average regular gasoline retail price fell less than one cent from the previous week, remaining at $2.37 per gallon on May 15, up 13 cents from the same time last year. The Gulf Coast price fell four cents to $2.13 per gallon, the East Coast price fell three cents to $2.32 per gallon, and the Rocky Mountain price fell one cent to $2.38 per gallon. The Midwest price increased four cents to $2.27 per gallon, and the West Coast price increased one cent to $2.87 per gallon.

U.S. propane stocks increased by 0.6 million barrels last week to 42.2 million barrels as of May 12, 2017, 32.0 million barrels (43.1%) lower than a year ago. Midwest, Gulf Coast, and Rocky Mountain/West Coast inventories increased by 0.6 million barrels, 0.2 million barrels, and 0.1 million barrels, respectively, while East Coast inventories decreased by 0.3 million barrels. Propylene non-fuel-use inventories represented 7.5% of total propane inventories.


Source: : https://www.eia.gov/petroleum/weekly/

Ernst Undesser
From the Energy Information Administration May 17, 2017