Fuel Report: Diesel, Gas Over 90 Cents Higher Than Last Year

The U.S. average diesel fuel price increased nearly 1 cent, remaining virtually unchanged at $3.34 per gallon on July 19, 91 cents higher than a year ago. The Rocky Mountain price increased 4 cents to $3.63 per gallon, the West Coast price increased more than 2 cents to $3.93 per gallon, and the Midwest price increased less than 1 cent, remaining virtually unchanged at $3.26 per gallon. The East Coast and Gulf Coast prices were unchanged, remaining at $3.31 per gallon and $3.08 per gallon, respectively.

The U.S. average regular gasoline retail price increased 2 cents to $3.15 per gallon on July 19, 97 cents higher than the same time last year. The Rocky Mountain price increased more than 7 cents to $3.56 per gallon, the Midwest price increased nearly 4 cents to $3.06 per gallon, the West Coast price increased more than 1 cent to $3.88 per gallon, the East Coast price increased 1 cent to $3.02 per gallon, and the Gulf Coast price increased nearly 1 cent, remaining virtually unchanged at $2.83 per gallon.

U.S. propane/propylene stocks increased by 3.1 million barrels last week to 62.7 million barrels as of July 16, 2021, 11.2 million barrels (15.1%) less than the five-year (2016-2020) average inventory levels for this same time of year. Gulf Coast, Midwest, Rocky Mountain/West Coast, and East Coast inventories increased by 2.2 million barrels, 0.6 million barrels, 0.3 million barrels, and 0.1 million barrels, respectively.




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