U.S. Department of Energy - Energy Efficiency and Renewable Energy

Vehicle Technologies Office

Fact #256: February 24, 2003
Petroleum Product Prices Rise

According to the Energy Information Administration's (EIA's) This Week in Petroleum:

Between February 3 and February 10, 2003, the U.S. average retail price for regular gasoline rose by 8.0 cents per gallon, which ties the largest weekly increase seen since EIA's weekly survey began in August 1990. The national average price for diesel fuel increased by 12.0 cents per gallon, another weekly record increase. Residential heating oil prices increased by 18.1 cents per gallon, the largest weekly increase in two years; and residential propane prices increased by 4.5 cents per gallon.

The price increases are attributed to diminishing supplies of petroleum products and crude oil with no decrease in demand.

regular gasoline prices
off-highway diesel fuel prices

Source: EIA, This Week in Petroleum, Released Feb. 12, 2003.

Supporting Information

Petroleum Product Prices Rise
Date U.S. Regular
All Formulations
Area Retail Gasoline Price
(¢/gal)		 U.S. No. 2 Diesel
Retail Sales by
All Sellers (¢/gal)
  3/5/2001 141.7 142.0
3/12/2001 141.2 140.6
3/19/2001 140.4 139.2
3/26/2001 140.4 137.9
  4/2/2001 144.2 139.1
  4/9/2001 150.0 139.7
4/16/2001 157.1 143.7
4/23/2001 161.9 144.3
4/30/2001 162.6 144.2
  5/7/2001 170.3 147.0
5/14/2001 171.3 149.1
5/21/2001 168.7 149.4
5/28/2001 170.4 152.9
  6/4/2001 167.9 151.4
6/11/2001 164.7 148.6
6/18/2001 160.1 148.0
6/25/2001 153.8 144.7
  7/2/2001 147.4 140.7
  7/9/2001 143.7 139.2
7/16/2001 141.3 138.0
7/23/2001 139.5 134.8
7/30/2001 138.4 134.7
  8/6/2001 137.6 134.5
 8/13/2001 139.2 136.7
 8/20/2001 142.7 139.4
 8/27/2001 148.8 145.2
   9/3/2001 154.5 148.8
  9/10/2001 152.7 149.2
  9/17/2001 152.9 152.7
  9/24/2001 148.5 147.3
  10/1/2001 141.6 139.0
  10/8/2001 135.2 137.1
10/15/2001 130.9 135.3
10/22/2001 126.5 131.8
10/29/2001 123.5 131.0
  11/5/2001 120.6 129.1
11/12/2001 118.2 126.9
11/19/2001 116.7 125.2
11/26/2001 112.7 122.3
  12/3/2001 110.8 119.4
12/10/2001 109.5 117.3
12/17/2001 105.9 114.3
12/24/2001 107.2 115.4
12/31/2001 109.6 116.9
    1/7/2002 111.2 116.8
 1/14/2002 111.1 115.9
 1/21/2002 110.5 114.0
 1/28/2002 110.1 114.4
   2/4/2002 111.6 114.4
 2/11/2002 110.7 115.3
 2/18/2002 111.6 115.6
2/25/2002 111.6 115.4
  3/4/2002 114.4 117.3
3/11/2002 122.3 121.6
3/18/2002 128.8 125.1
3/25/2002 134.2 128.1
  4/1/2002 137.1 129.5
  4/8/2002 141.3 132.3
4/15/2002 140.4 132.0
4/22/2002 140.4 130.4
4/29/2002 139.3 130.2
  5/6/2002 139.5 130.5
5/13/2002 138.8 129.9
5/20/2002 139.7 130.9
5/27/2002 138.7 130.8
  6/3/2002 139.2 130.0
6/10/2002 137.5 128.6
6/17/2002 137.8 127.5
6/24/2002 138.4 128.1
  7/1/2002 139.2 128.9
  7/8/2002 138.2 129.4
 7/15/2002 139.4 130.0
7/22/2002 141.0 131.1
7/29/2002 140.7 130.3
   8/5/2002 139.5 130.4
 8/12/2002 139.3 130.3
 8/19/2002 139.2 133.3
 8/26/2002 140.3 137.0
   9/2/2002 139.4 138.8
   9/9/2002 139.5 139.6
  9/16/2002 140.1 141.4
  9/23/2002 139.5 141.7
  9/30/2002 141.3 143.8
  10/7/2002 143.9 146.0
10/14/2002 144.0 146.1
10/21/2002 145.8 146.9
10/28/2002 144.4 145.6
  11/4/2002 144.8 144.2
11/11/2002 143.9 142.7
11/18/2002 140.9 140.5
11/25/2002 138.0 140.5
  12/2/2002 136.4 140.7
  12/9/2002 136.0 140.5
12/16/2002 136.3 140.1
12/23/2002 140.1 144.0
12/30/2002 144.1 149.1
    1/6/2003 144.4 150.1
  1/13/2003 145.4 147.8
  1/20/2003 145.9 148.0
  1/27/2003 147.3 149.2
    2/3/2003 152.7 154.2
  2/10/2003 160.7 166.2

Source: Source: EIA, This Week in Petroleum,
Released Feb. 12, 2003 spreadsheet with detailed data.

 

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