Diesel, Gas Prices Rise

The U.S. average diesel fuel price increased one cent to $2.48 per gallon, up seven cents from the same time last year. The Midwest price rose two cents to $2.42 per gallon, the West Coast increased one cent to $2.77 per gallon, and the Gulf Coast and East Coast prices each increased less than one cent, remaining at $2.31 per gallon and $2.52 per gallon, respectively. The Rocky Mountain price fell less than one cent to $2.58 per gallon.

The U.S. average regular gasoline retail price increased four cents from the previous week to $2.30 per gallon on July 10, an increase of four cents over the same time last year. The Midwest price increased nine cents to $2.23 per gallon, the Gulf Coast price increased less than three cents to $2.03 per gallon, the East Coast price increased two cents to $2.22 per gallon, and the West Coast price increased less than one cent, remaining at $2.82 per gallon. The Rocky Mountain price decreased one cent to $2.34 per gallon.

U.S. propane stocks increased by 1.7 million barrels last week to 62.2 million barrels as of July 7, 2017, 25.1 million barrels (28.8%) lower than a year ago. Midwest and Gulf Coast inventories increased by 0.9 million barrels and 0.4 million barrels, respectively, while Rocky Mountain/West Coast and East Coast inventories each increased by 0.2 million barrels. Propylene non-fuel-use inventories represented 4.5% of total propane inventories.

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