Fuel Report: Diesel Up Slightly, Gasoline Jumps Higher

Diesel, gas pump. ©Debra L Ferguson

The U.S. average diesel fuel price rose less than 1 cent, remaining virtually unchanged at $2.39 per gallon on May 25, 76 cents lower than a year ago. The West Coast price rose nearly 2 cents to $2.90 per gallon, the Rocky Mountain price rose 1 cent to $2.35 per gallon, the East Coast price rose nearly 1 cent to $2.50 per gallon, and the Midwest price rose slightly, remaining virtually unchanged at $2.23 per gallon. The Gulf Coast price was unchanged at $2.18 per gallon.

The U.S. average regular gasoline retail price rose more than 8 cents per gallon from the previous week to $1.96 per gallon on May 25, $0.86 lower than the same time last year. The Rocky Mountain price rose more than 17 cents to $1.99 per gallon, the Midwest price rose more than 10 cents to $1.89 per gallon, the West Coast and East prices each rose more than 7 cents to $2.55 per gallon and $1.91 per gallon, respectively, and the Gulf Coast price rose nearly 6 cents to $1.60 per gallon.

U.S. propane/propylene stocks increased by 1.5 million barrels last week to 64.2 million barrels as of May 22, 2020, 7.4 million barrels (13.0%) greater than the five-year (2015-19) average inventory levels for this same time of year. Midwest, Rocky Mountain/West Coast, East Coast, and Gulf Coast inventories increased by 1.0 million barrels, 0.3 million barrels, 0.2 million barrels, and 0.1 million barrels, respectively.




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