Diesel & Gasoline Fuel Cost Update 05-29-2023

[fantastic]

Diesel Down $0.028
Gasoline Up $0.037

On-highway diesel prices, by week and PADD (Self service cash price in dollars per gallon, including taxes)
Date	05/15/23​	05/22/23​	05/29/23​
U.S.	3.897​	3.883​	3.855​
PADD 1 - East Coast	3.932​	3.912​	3.886​
PADD 1a - New England	4.243​	4.166​	4.144​
PADD 1b - Central Atlantic	4.238​	4.198​	4.190​
PADD 1c - Lower Atlantic	3.787​	3.780​	3.747​
PADD 2 - Midwest	3.823​	3.810​	3.781​
PADD 3 - Gulf Coast	3.593​	3.579​	3.555​
PADD 4 - Rocky Mountain	4.089​	4.088​	4.077​
PADD 5 - West Coast	4.588​	4.586​	4.540​
PADD 5b - West Coast less CA	4.382​	4.378​	4.305​
California	4.825​	4.825​	4.810​

Regular gasoline prices, by week and PADD (Self service cash price in dollars per gallon, including taxes)
Date	05/15/23​	05/22/23​	05/29/23​
U.S.	3.536​	3.534​	3.571​
PADD 1 - East Coast	3.397​	3.381​	3.427​
PADD 1a - New England	3.415​	3.427​	3.526​
PADD 1b - Central Atlantic	3.546​	3.544​	3.600​
PADD 1c - Lower Atlantic	3.297​	3.267​	3.293​
PADD 2 - Midwest	3.440​	3.469​	3.484​
PADD 3 - Gulf Coast	3.079​	3.040​	3.121​
PADD 4 - Rocky Mountain	3.518​	3.579​	3.622​
PADD 5 - West Coast	4.519​	4.514​	4.534​
PADD 5b - West Coast less CA	4.413​	4.408​	4.415​
California	4.615​	4.609​	4.643​

 

[PWMDMD]

This seems accurate - the average price in MA around me is $3.47 for 87.

 

[Snagglefoot]

Here is the traded price of gasoline. The large hump last year is over for now. US oil production is continuing to cruise along at 12 million bbls/day. Over 80% of the drilling is to replace the decline rate.

 

[whizbyu]

Why are diesel prices dropping? Summer blend? Is there less demand? I don't see an observable decline in the # of semi's on the road.

 

[fantastic]

Why are diesel prices dropping? Summer blend? Is there less demand? I don't see an observable decline in the # of semi's on the road.

Less demand for diesel during the warmer months. Diesel is used as a heating source.