Fuel Report: Prices Little Changed, Propane Stocks 18% Below Average

    Photo: John Nuckolls, FarmPropane.com

    The U.S. average diesel fuel price decreased nearly 1 cent to $3.12 per gallon on April 19, 64 cents higher than a year ago. The Rocky Mountain price decreased more than 2 cents to $3.23 per gallon, the Midwest price decreased nearly 1 cent to $3.05 per gallon, and the East Coast and Gulf Coast prices each decreased less than 1 cent, remaining virtually unchanged at $3.10 per gallon and $2.92 per gallon, respectively. The West Coast price increased by less than 1 cent to $3.65 per gallon.

    The U.S. average regular gasoline retail price increased nearly 1 cent to $2.86 per gallon on April 19, $1.04 higher than the same time last year. The Rocky Mountain price increased more than 2 cents $2.97 per gallon, the West Coast price increased 2 cents to $3.53 per gallon, and the Midwest price increased nearly 2 cents to $2.77 per gallon. The Gulf Coast price decreased more than 1 cent to $2.57 per gallon, and the East Coast price decreased less than 1 cent, remaining virtually unchanged at $2.75 per gallon.

    U.S. propane/propylene stocks decreased by 0.1 million barrels last week to 40.5 million barrels as of April 16, 2021, 8.8 million barrels (17.8%) less than the five-year (2016-2020) average inventory levels for this same time of year. Gulf Coast and Rocky Mountain/West Coast inventories decreased by 0.5 million barrels and 0.1 million barrels, respectively. Midwest and East Coast inventories increased by 0.3 million barrels and 0.2 million barrels, respectively.




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