The U.S. average diesel fuel price fell nearly 1 cent from the previous week, remaining virtually unchanged at $2.43 per gallon on July 27, 61 cents lower than a year ago. The Gulf Coast price declined nearly 2 cents to $2.18 per gallon, the Midwest price fell nearly 1 cent to $2.30 per gallon, and the East Coast and Rocky Mountain prices each fell by less than 1 cent, remaining virtually unchanged at $2.52 per gallon and $2.34 per gallon, respectively. The West Coast price was unchanged from the previous week at $2.95 per gallon.
The U.S. average regular gasoline retail price fell more than 1 cent per gallon from the previous week to $2.18 per gallon on July 27, 54 cents lower than the same time last year. The Gulf Coast and Midwest prices each decreased nearly 2 cents to $1.86 per gallon and $2.08 per gallon, respectively, and the East Coast price fell more than 1 cent to $2.09 per gallon. The West Coast and the Rocky Mountain prices each rose by nearly 1 cent, remaining virtually unchanged at $2.82 per gallon and $2.32 per gallon, respectively.
U.S. propane/propylene stocks increased by 2.0 million barrels last week to 84.4 million barrels as of July 24, 2020, 9.2 million barrels (12.2%) greater than the five-year (2015-19) average inventory levels for this same time of year. Midwest, Gulf Coast, and Rocky Mountain/West Coast inventories increased by 1.0 million barrels, 0.8 million barrels, and 0.3 million barrels, respectively. East Coast inventories decreased by 0.1 million barrels.