Fuel Report: Regional Price Volatility

The U.S. average diesel fuel price rose 1 cent from the previous week to $3.08 per gallon on January 6, 7 cents higher than a year ago. The East Coast price rose more than 2 cents to $3.12 per gallon, and the Gulf Coast price increased 2 cents to $2.83 per gallon. The Rocky Mountain price declined more than 1 cent to $3.10 per gallon, the West Coast price fell nearly 1 cent to $3.62 per gallon, and the Midwest price fell less than 1 cent, remaining virtually unchanged at $2.98 per gallon.

The U.S. average regular gasoline retail price rose nearly 1 cent from the previous week to $2.58 per gallon on January 6, 34 cents higher than the same time last year. The East Coast price rose nearly 4 cents to $2.54 per gallon. The Rocky Mountain price fell more than 2 cents to $2.64 per gallon, the Midwest price fell nearly 2 cents to $2.43 per gallon, the West Coast price fell more than 1 cent to $3.21 per gallon, and the Gulf Coast price fell nearly 1 cent, remaining virtually unchanged at $2.28 per gallon.

U.S. propane/propylene stocks increased by 0.7 million barrels last week to 88.9 million barrels as of January 3, 2020, 12.5 million barrels (16.3%) greater than the five-year (2015-19) average inventory levels for this same time of year. Gulf Coast and East Coast inventories increased by 1.2 million barrels and 0.4 million barrels, respectively. Midwest and Rocky Mountain/West Coast inventories decreased by 0.6 million barrels and 0.3 million barrels, respectively. Propylene non-fuel-use inventories represented 6.9% of total propane/propylene inventories.

Residential propane prices averaged almost $2.01 per gallon, nearly 1 cent per gallon below last week’s price and almost 43 cents per gallon less than a year ago. Wholesale propane prices averaged $0.66 per gallon, more than 5 cents per gallon lower than last week’s price and nearly 11 cents per gallon below last year’s price.

As of January 6, 2020, residential heating oil prices averaged more than $3.12 per gallon, almost 5 cents per gallon above last week’s price and more than 3 cents per gallon higher than last year’s price at this time. Wholesale heating oil prices averaged almost $2.17 per gallon, nearly 1 cent per gallon higher than last week’s price and almost 28 cents per gallon higher than a year ago.




The Latest


Send press releases to Ernst@Agfax.com.

View All Events


Send press releases to Ernst@Agfax.com.

View All Events