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Diesel, Gas Prices Dip Slightly

Ernst Undesser
From the Energy Information Administration August 23, 2017

Diesel, Gas Prices Dip Slightly

The U.S. average diesel fuel price fell less than 1 cent, remaining at $2.60 per gallon on August 21, 23 cents higher than a year ago. The East Coast, Midwest, and Gulf Coast prices each fell less than one cent, remaining at $2.62 per gallon, $2.57 per gallon, and $2.41 per gallon, respectively. The Rocky Mountain price increased one cent to $2.71 per gallon, and the West Coast price increased less than one cent, remaining at $2.88 per gallon.

The U.S. average regular gasoline retail price fell 2 cents from the previous week to $2.36 per gallon on August 21, up 17 cents from the same time last year. The Midwest price fell five cents to $2.25 per gallon, the Gulf Coast price fell three cents to $2.12 per gallon, and the East Coast price fell over two cents to $2.30 per gallon. The Rocky Mountain price increased nearly three cents to $2.45 per gallon, and the West Coast price increased two cents to $2.89 per gallon.

U.S. propane stocks increased by 2.9 million barrels last week to 72.2 million barrels as of August 18, 2017, 24.0 million barrels (24.9%) lower than a year ago. Gulf Coast, Midwest, Rocky Mountain/West Coast, and East Coast inventories increased by 2.1 million barrels, 0.5 million barrels, 0.2 million barrels, and 0.1 million barrels, respectively. Propylene non-fuel-use inventories represented 3.9% of total propane inventories.


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

Ernst Undesser
From the Energy Information Administration August 23, 2017