The U.S. average diesel fuel price rose 5 cents to $2.58 per gallon on August 7, 27 cents higher than a year ago. The Rocky Mountain and Midwest prices each increased nearly six cents to $2.67 per gallon and $2.54 per gallon, respectively, while the Gulf Coast price increased five cents to $2.41 per gallon, the East Coast price increased nearly five cents to $2.61 per gallon, and the West Coast price increased three cents to $2.85 per gallon.
The U.S. average regular gasoline retail price rose 3 cents from the previous week to $2.38 per gallon on August 7, up 23 cents from the same time last year. The Gulf Coast price increased seven cents to $2.15 per gallon, the Rocky Mountain price increased five cents to $2.39 per gallon, the East Coast price increased three cents to $2.34 per gallon, the West Coast price increased one cent to $2.84 per gallon, and the Midwest price increased less than one cent, remaining at $2.28 per gallon.
U.S. propane stocks were virtually unchanged last week at 67.6 million barrels as of August 4, 2017, 24.3 million barrels (26.4%) lower than a year ago. East Coast, Rocky Mountain/West Coast, and Midwest inventories increased by 0.6 million barrels, 0.2 million barrels, and 0.1 million barrels, respectively, while Gulf Coast inventories decreased by 0.9 million barrels. Propylene non-fuel-use inventories represented 4.3% of total propane inventories.