Fuel Report: Diesel, Gas a Nickel Higher Than Last Year

The U.S. average diesel fuel price increased more than 1 cent to $3.09 per gallon on April 8, 5 cents higher than a year ago. The West Coast price increased 5 cents to $3.59 per gallon, the Rocky Mountain price increased over 2 cents to $3.03 per gallon, the East Coast price increased 1 cent to $3.14 per gallon, and the Midwest and Gulf Coast prices each increased nearly 1 cent to $2.99 per gallon and $2.88 per gallon, respectively.

The U.S. average regular gasoline retail price rose more than 5 cents from the previous week to $2.75 per gallon on April 8, over 5 cents higher than the same time last year. The West Coast price increased over 15 cents to $3.42 per gallon, the Rocky Mountain price increased 7 cents to $2.54 per gallon, the Midwest price increased over 4 cents to $2.67 per gallon, the East Coast price increased over 3 cents to $2.65 per gallon, and the Gulf Coast price increased less than 1 cent, remaining at $2.45 per gallon.

U.S. propane/propylene stocks increased by 1.2 million barrels last week to 54.4 million barrels as of April 5, 2019, 9.0 million barrels (19.9%) greater than the five-year (2014-2018) average inventory levels for this same time of year. Gulf Coast inventories increased by 0.8 million barrels, and Midwest and East Coast inventories each increased by 0.2 million barrels. Rocky Mountain/West Coast inventories decreased slightly, remaining virtually unchanged. Propylene non-fuel-use inventories represented 11.5% of total propane/propylene inventories.


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