Fuel Report: Diesel, Gas Prices Rise

Diesel, gas pump. ©Debra L Ferguson

The U.S. average diesel fuel price increased more than 1 cent to $3.29 per gallon on June 14, 88 cents higher than a year ago. The East Coast and West Coast prices each increased nearly 2 cents to $3.28 per gallon and $3.80 per gallon, respectively, the Midwest price increased more than 1 cent to $3.23 per gallon, and the Gulf Coast price increased nearly 1 cent to $3.04 per gallon. The Rocky Mountain price decreased less than 1 cent to $3.38 per gallon.

The U.S. average regular gasoline retail price increased more than 3 cents to $3.07 per gallon on June 14, 97 cents higher than the same time last year. The Gulf Coast price increased nearly 5 cents to $2.75 per gallon, the Midwest price increased nearly 4 cents to $2.99 per gallon, the East Coast price increased more than 3 cents to $2.96 per gallon, the Rocky Mountain price increased more than 2 cents to $3.22 per gallon, and the West Coast price increased nearly 1 cent to $3.76 per gallon.

U.S. propane/propylene stocks increased by 1.5 million barrels last week to 55.2 million barrels as of June 11, 2021, 8.4 million barrels (13.2%) less than the five-year (2016-2020) average inventory levels for this same time of year. Midwest and East Coast inventories increased by 1.1 million barrels and 0.7 million barrels, respectively. Gulf Coast and Rocky Mountain/West Coast inventories decreased by 0.2 million barrels and 0.1 million barrels, respectively.




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