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This Week in Petroleum

Release Date: December 29, 2022 Next Release Date: January 5, 2023


Happy Holidays

On behalf of the authors, support staff, and the many others at EIA who make This Week in Petroleum possible, best wishes for a safe and happy new year.

Accompanying charts and tables have been updated to reflect data from the latest Weekly Petroleum Status Report for the week ending December 23, 2022.

Happy Holidays from the U.S. Energy Information Administration

For questions about This Week in Petroleum, contact the Petroleum and Liquid Fuels Markets Team at 202-586-5840.



Retail prices (dollars per gallon)

Conventional Regular Gasoline Prices Graph.
Retail Average Regular Gasoline Prices Graph.
  Retail prices Change from last
Gasoline 12/26/22 Week Year
U.S. 3.091 -0.029down -0.184down
East Coast 3.071 -0.047down-arrow -0.173down-arrow
Midwest 2.899 -0.012down-arrow -0.133down-arrow
Gulf Coast 2.684 0.043up-arrow -0.222down-arrow
Rocky Mountain 3.002 -0.084down-arrow -0.386down-arrow
West Coast 3.910 -0.073down-arrow -0.219down-arrow
On-Highway Diesel Fuel Prices Graph.
Regional Average All-Types Diesel Fuel Prices Graph.
  Retail prices Change from last
Diesel 12/26/22 Week Year
U.S. 4.537 -0.059down-arrow 0.922up-arrow
East Coast 4.808 -0.039down-arrow 1.206up-arrow
Midwest 4.402 -0.075down-arrow 0.923up-arrow
Gulf Coast 4.164 -0.041down-arrow 0.834up-arrow
Rocky Mountain 4.745 -0.115down-arrow 1.041up-arrow
West Coast 5.068 -0.070down-arrow 0.697up-arrow
Residential Heating Oil Prices Graph.
Residential Propane Prices Graph.
  Retail prices Change from last
  12/26/22 Week Year
Heating Oil 4.639 0.042up 1.273up
Propane 2.672 -0.007down -0.030down

Futures prices (dollars per gallon*)

Crude Oil Futures Price Graph
RBOB Regular Gasoline Futures Price Graph
Heating Oil Futures Price Graph
  Futures prices Change from last
  12/23/22 Week Year
Crude oil 79.56 5.27up NAno_change
Gasoline 2.384 0.252up NAno_change
Heating oil 3.266 0.146up NAno_change
*Note: Crude oil price in dollars per barrel.

Stocks (million barrels)

U.S. Crude Oil Stocks Graph
U.S. Distillate Stocks Graph
U.S. Gasoline Stocks Graph
U.S. Propane Stocks Graph
  Stocks Change from last
  12/23/22 Week Year
Crude oil 419.0 0.7up -1.0down
Gasoline 223.0 -3.1down 0.3up
Distillate 120.2 0.3up -2.2down
Propane 84.427 -2.988down 17.964up