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Federal Offshore U.S. Gulf Coast Crude Oil First Purchase Price (Dollars per Barrel)
Federal Offshore U.S. Gulf Coast Crude Oil First Purchase Price (Dollars per Barrel)
Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
  1977 8.67 8.66 8.81 9.10 9.45 9.39
  1978 9.36 9.31 9.54 9.55 9.79 9.82 9.78 10.01 10.10 10.15 10.35 10.39
  1979 10.62 10.62 10.65 10.83 10.90 11.22 11.33 11.36 11.64 11.74 11.89 11.97
  1980 13.18 14.55 15.52 16.62 17.58 18.90 19.27 21.13 21.08 22.16 23.21 26.03
  1981 30.56 36.53 38.86 38.48 36.84 35.51 34.92 34.37 34.69 34.63 34.12 31.98
  1982 36.90 34.13 32.72 31.85 31.45 31.67 31.87 31.71 31.71 32.81 32.67 32.69
  1983 31.58 30.38 29.86 29.59 29.55 29.78 29.65 29.66 29.68 29.68 29.67 28.40
  1984 29.58 29.74 28.55 29.45 29.67 29.67 29.60 29.70 29.62 29.47 28.83 28.53
  1985 27.63 26.66 27.14 27.41 27.45 27.24 27.23 27.19 27.32 27.40 27.52 27.72
  1986 26.76 21.62 15.82 13.38 13.14 13.44 12.05 12.26 13.49 13.56 13.57 14.01
  1987 16.12 16.78 16.81 16.83 17.28 17.95 18.87 19.14 18.37 18.09 17.82 16.88
  1988 15.97 15.83 15.09 15.99 16.34 15.87 14.47 14.19 13.70 12.69 12.37 13.71
  1989 16.04 16.55 17.65 18.89 18.79 18.46 18.25 16.75 17.46 18.21 18.26 18.67
  1990 20.72 20.38 18.87 16.81 16.37 15.01 16.10 24.12 30.45 34.26 30.04 25.54
  1991 22.60 18.79 17.95 18.93 19.32 18.27 19.26 19.39 19.56 20.93 20.26 17.50
  1992 16.64 16.62 16.57 17.87 18.79 20.23 19.71 19.27 19.88 19.59 18.16 17.27
  1993 16.96 17.88 18.07 18.00 17.73 16.68 15.53 15.66 15.04 15.04 13.89 11.97
  1994 12.49 12.35 12.38 13.97 15.74 16.51 16.82 15.85 14.80 15.19 15.80 14.79
  1995 15.81 16.37 16.03 17.41 17.39 16.40 15.14 15.50 15.87 15.27 15.74 17.00
  1996 17.22 16.98 19.08 20.78 18.98 18.07 18.82 19.74 21.64 23.11 22.24 23.38
  1997 23.56 20.90 18.96 17.52 18.45 17.14 17.44 17.76 17.77 19.09 18.40 16.56
  1998 14.59 13.60 12.44 12.43 12.57 11.37 11.45 11.03 12.31 12.05 11.04 9.48
  1999 9.77 9.79 11.70 13.70 14.66 15.43 16.93 18.32 20.61 20.72 22.22 23.63
  2000 24.80 26.03 26.66 24.30 26.18 27.31 27.78 28.48 29.91 30.78 30.79 27.84
  2001 26.61 26.62 24.08 23.90 24.40 24.94 24.43 24.71 23.95 21.38 18.05 17.29
  2002 17.07 17.97 19.93 23.19 24.74 24.19 24.45 25.97 26.65 26.67 25.54 25.47
  2003 28.26 32.40 31.69 27.99 26.26 27.43 28.45 29.01 26.80 27.42 28.97 29.46
  2004 31.44 32.56 33.01 34.20 35.02 35.76 36.42 39.46 40.81 45.06 44.56 42.13
  2005 41.02 42.44 47.43 49.25 45.42 48.92 53.14 57.40 59.22 58.10 55.41 53.91
  2006 56.91 57.00 57.99 62.01 64.83 64.34 67.48 68.52 62.96 55.45 53.71 56.19
  2007 53.06 53.90 56.42 59.74 62.47 64.60 70.21 69.12 72.83 77.75 84.26 87.02
  2008 89.00 91.10 96.68 104.68 114.81 125.90 130.06 123.56 117.29 90.11 68.67 48.19
  2009 39.16 38.77 44.36 46.32 50.57 58.59 64.26 64.65 68.96 68.84 71.78 74.57
  2010 73.85 76.38 75.11 79.06 78.52 76.33 74.51 74.55 74.92 76.31 81.02 84.99
  2011 89.04 91.47 103.24 113.66 115.05 109.49 109.55 105.33 105.40 109.98 111.53 110.54
  2012 106.09 108.66 116.12 119.85 113.75 101.19 93.59 95.02 105.69 104.53 102.72 103.03
  2013 107.07 107.53 109.97 108.00 102.66 100.69 102.90 106.71 106.42 101.56 94.57 93.94
  2014 88.11 101.81 102.01 101.18 99.36 100.91 101.65 99.17 94.35 87.47 80.98 66.27
  2015 51.57 46.61 47.12 53.23 57.33 61.02 50.43 46.21 42.66 43.54 39.94 35.88
  2016 30.54 26.75 30.14 34.99 38.48 43.64 42.54 41.29 40.94 43.98 43.22 44.96
  2017 47.67 48.97 47.91 47.63 47.09 44.33 44.05 45.05 47.51 48.45 55.09 58.22
  2018 61.88 62.60 60.85 62.81 67.34 68.51 71.30 67.61 69.46 71.93 67.76 58.94
  2019 54.13 56.33 61.22 66.35 65.08 62.54 60.27 58.92 58.02 56.31 55.13 58.63
  2020 57.03 53.16 37.10 19.62 16.60 31.49 37.54 40.56 39.27 37.94 39.11 43.02
  2021 49.87 56.39 60.99 61.25 63.27 68.53 70.71 67.01 67.57 75.79 76.57 71.64
  2022 77.79 86.55 102.81 104.48 106.82 111.67 101.28 94.46 86.01 85.55 83.26 78.07
  2023 73.73 73.62 73.07 77.11 73.17 70.45 73.88 79.77 87.37 86.33 80.91 74.48
  2024 73.87 75.51 78.71 82.94 81.67 79.67 80.15 77.93 71.19 70.52

- = No Data Reported;  -- = Not Applicable;  NA = Not Available;  W = Withheld to avoid disclosure of individual company data.
Release Date: 1/2/2025
Next Release Date: 2/3/2025

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