U.S. Energy Information Administration - EIA - Independent Statistics and Analysis
Petroleum & Other Liquids
Petroleum Marketing Monthly
Data for December 2014 | Release Date: March 2, 2015 | Next Release: April 1, 2015 | full report
Monthly price and volume statistics on crude oil and petroleum products at a national, regional
and state level.
Figure HL1. Crude oil and petroleum product wholesale prices figure data
- December monthly average crude oil prices decreased considerably from November levels. The average domestic crude oil first purchase price declined $16.21 (22.8 percent), to $54.86 per barrel.
- The average free-on-board (f.o.b.) cost of imported crude oil fell $14.45 (21.4 percent), to $52.94 per barrel. The average landed cost of foreign crude oil decreased $14.92 (20.8 percent), to $56.79 per barrel.
- The average refiner acquisition cost for domestic crude oil declined $13.86 (18.0 percent), to $63.22 per barrel. The average cost of imported crude oil fell $16.68 (22.6 percent), to $57.22 per barrel. The composite refiner acquisition cost for crude oil dropped $15.07 (19.9 percent), to $60.62 per barrel.
- Refiner monthly average prices for sales of motor gasoline show substantial decreases again in December. The average retail price fell 39.0 cents to $2.016 per gallon, while the average wholesale price decreased 47.7 cents to $1.634 per gallon.
- Sales of finished motor gasoline by refiners increased in December. Total sales rose 6.8 million gallons per day (2.1 percent) to an average of 323.5 million gallons per day. Retail sales rose 300,000 gallons per day (1.1 percent), while wholesales climbed 6.5 million gallons per day (2.2 percent). DTW sales accounted for 7.6 percent of wholesales, while rack and bulk sales made up 83.0 percent and 9.4 percent, respectively.
No. 2 distillate
- December monthly average prices for sales of No. 2 distillates by refiners experienced significant decreases. The average sales price for No. 2 diesel fuel to end users fell 50.3 cents to $2.197 per gallon, while the average wholesale price declined 57.8 cents to $1.980 per gallon. The average sales price for No. 2 fuel oil to end users decreased 20.9 cents to $3.004 per gallon, while the average wholesale price dropped 32.1 cents to $2.050 per gallon.
- Refiner sales of No. 2 ultra-low sulfur diesel fuel rose 9.0 million gallons per day (5.8 percent) to an average of 164.1 million gallons per day in December. Total No. 2 fuel oil sales increased 600,000 gallons per day (6.7 percent) to an average of 8.9 million gallons per day.
Residual fuel oil
- Monthly average prices for sales of residual fuel oil by refiners sustained substantial decreases in December. The retail price for low-sulfur residual fuel oil fell 37.8 cents to $1.916 per gallon, while the wholesale price declined 40.2 cents to 1.237 per gallon. Prices for high-sulfur residual fuel oil fell 23.7 cents to $1.611 per gallon at retail, while the wholesale price dropped 28.7 cents to $1.317 per gallon.
- Refiner sales of residual fuel oil rose in December. Total sales increased 1.2 million gallons per day (9.8 percent) to an average of 13.5 million gallons per day. Low-sulfur residual fuel oil sales climbed 1.3 million gallons (53.4 percent), while high-sulfur residual fuel oil sales fell 200,000 gallons per day (2.0 percent).
- Following the general market trend, prices for the remaining surveyed products registered considerable decreases in December. Propane, kerosene-type jet fuel, and No. 1 distillate prices declined at both the retail and wholesale levels, while prices for aviation gasoline, kerosene, and No. 4 distillate fell at wholesale.
- December sales of propane by refiners declined at retail but increased at the wholesale level, while kerosene-type jet fuel and No. 1 distillate sales did just the opposite. Sales of aviation gasoline, kerosene, and No. 4 distillate fell at the wholesale level.