Fuel Report: Marginal Price Declines Continue

Diesel, gas pump. ©Debra L Ferguson

The U.S. average diesel fuel price fell less than 1 cent from the previous week to $2.42 per gallon on August 3, 61 cents lower than a year ago. The Gulf Coast price fell nearly 1 cent, remaining virtually unchanged at $2.18 per gallon, and the East Coast and Midwest prices each fell less than 1 cent, remaining virtually unchanged at $2.52 per gallon and $2.30 per gallon, respectively. The West Coast price rose less than 1 cent to $2.96 per gallon, and the Rocky Mountain price rose less than 1 cent, remaining virtually unchanged at $2.34 per gallon.

The U.S. average regular gasoline retail price rose less than 1 cent per gallon from the previous week to remain virtually unchanged at $2.18 per gallon on August 3, 51 cents lower than the same time last year. The Rocky Mountain price increased nearly 5 cents to $2.37 per gallon, the East Coast price rose more than 1 cent to $2.11 per gallon, and the West Coast price rose nearly 1 cent to $2.83 per gallon. The Midwest price fell 2 cents to $2.06 per gallon, and the Gulf Coast price fell nearly 1 cent to $1.85 per gallon.

U.S. propane/propylene stocks increased by 2.3 million barrels last week to 86.7 million barrels as of July 31, 2020, 10.2 million barrels (13.4%) greater than the five-year (2015-19) average inventory levels for this same time of year. Gulf Coast and Midwest inventories increased 1.6 million barrels and 1.1 million barrels, respectively. East Coast inventories decreased 0.3 million barrels, and Rocky Mountain/West Coast inventories decreased slightly, remaining virtually unchanged.




The Latest


Send press releases to Ernst@Agfax.com.

View All Events


Send press releases to Ernst@Agfax.com.

View All Events