Fuel Reports: Prices Rise Slightly

Diesel, gas pump. ©Debra L Ferguson

The U.S. average diesel fuel price increased less than 1 cent, remaining at $3.17 per gallon on May 6, the same price as a year ago. The West Coast price increased nearly 4 cents to $3.77 per gallon, the Midwest price increased nearly 1 cent, remaining at $3.06 per gallon, and the Rocky Mountain price increased less than 1 cent to $3.19 per gallon. The Gulf Coast price fell more than 1 cent to $2.93 per gallon, and the East Coast price fell less than 1 cent, remaining at $3.19 per gallon.

The U.S. average regular gasoline retail price rose 1 cent from the previous week to $2.90 per gallon on May 6, more than 5 cents higher than the same time last year. The Rocky Mountain price increased nearly 8 cents to $2.92 per gallon, the West Coast price increased nearly 4 cents to $3.71 per gallon, the East Coast price rose more than 1 cent to $2.79 per gallon, and the Midwest price rose less than 1 cent, remaining at $2.77 per gallon. The Gulf Coast price fell nearly 3 cents to $2.56 per gallon.

U.S. propane/propylene stocks increased by 1.0 million barrels last week to 60.0 million barrels as of May 3, 2019, 9.2 million barrels (18.0%) greater than the five-year (2014-2018) average inventory levels for this same time of year. Midwest, Gulf Coast, and East Coast inventories increased by 0.8 million barrels, 0.3 million barrels, and 0.1 million barrels, respectively. Rocky Mountain/West Coast inventories decreased by 0.1 million barrels. Propylene non-fuel-use inventories represented 9.6% of total propane/propylene inventories.


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