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Posted May 25, 2018Today in Energy

National average gasoline prices approach $3 per gallon heading into Memorial Day ›

Heading into the 2018 Memorial Day weekend, regular gasoline prices averaged $2.92 per gallon (gal) nationally on May 21, up from last year’s price of $2.40/gal before the holiday weekend. This year marks the highest price ahead of the Memorial Day weekend since 2014, when the national average price of regular gasoline was $3.67/gal. More

U.S. motor gasoline exports

Source: EIA, Gasoline and Diesel Fuel Update

    Data Highlights

    WTI crude oil futures price

    5/24/2018: $70.71/barrel

    down$0.78 from week earlier
    up$19.35 from year earlier

    Natural gas futures price

    5/24/2018: $2.940/MMBtu

    up$0.081 from week earlier
    down$0.269 from year earlier

    Weekly coal production

    5/19/2018: 13.752 million tons

    down0.526 million tons from week earlier
    down0.371 million tons from year earlier

    Natural gas inventories

    5/18/2018: 1,629 Bcf

    up91 Bcf from week earlier
    down804 Bcf from year earlier

    Crude oil inventories

    5/18/2018: 438.1 million barrels

    up5.8 million barrels from week earlier
    down78.2 million barrels from year earlier