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This Week in Petroleum

Release Date: February 28, 2024 Next Release Date: March 6, 2024

Regular gasoline retail prices (dollars per gallon)

Retail average regular gasoline prices (dollars per gallon) more price data ›
  Year ago Most recent
  02/27/23 02/26/24 02/19/24 02/12/24 02/05/24 01/29/24 01/22/24 01/15/24
U.S. 3.342 3.249 3.269 3.192 3.136 3.095 3.062 3.058
East Coast (PADD 1) 3.244 3.204 3.230 3.151 3.117 3.083 3.021 3.039
Midwest (PADD 2) 3.170 3.098 3.122 3.044 2.911 2.872 2.889 2.823
Gulf Coast (PADD 3) 2.912 2.845 2.901 2.807 2.821 2.753 2.685 2.670
Rocky Mountain (PADD 4) 3.782 2.982 2.922 2.791 2.746 2.732 2.671 2.733
West Coast (PADD 5) 4.250 4.082 4.057 4.011 3.983 3.937 3.926 3.976
Retail conventional regular gasoline prices (dollars per gallon) more price data ›
  Year ago Most recent
  02/27/23 02/26/24 02/19/24 02/12/24 02/05/24 01/29/24 01/22/24 01/15/24
U.S. 3.250 3.145 3.159 3.083 3.021 2.979 2.950 2.944
East Coast (PADD 1) 3.260 3.207 3.234 3.150 3.110 3.064 3.000 3.023
Midwest (PADD 2) 3.131 3.055 3.079 3.008 2.879 2.837 2.844 2.789
Gulf Coast (PADD 3) 2.961 2.868 2.910 2.818 2.822 2.753 2.697 2.699
Rocky Mountain (PADD 4) 3.782 3.023 2.941 2.830 2.757 2.746 2.729 2.797
West Coast (PADD 5) 3.953 3.746 3.650 3.629 3.635 3.645 3.661 3.689
Retail reformulated regular gasoline prices (dollars per gallon) more price data ›
  Year ago Most recent
  02/27/23 02/26/24 02/19/24 02/12/24 02/05/24 01/29/24 01/22/24 01/15/24
U.S. 3.540 3.471 3.504 3.424 3.385 3.347 3.304 3.302
East Coast (PADD 1) 3.214 3.197 3.221 3.153 3.131 3.121 3.063 3.070
Midwest (PADD 2) 3.388 3.346 3.377 3.259 3.098 3.078 3.150 3.022
Gulf Coast (PADD 3) 2.792 2.797 2.883 2.783 2.818 2.754 2.659 2.610
Rocky Mountain (PADD 4) NA 2.823 2.847 2.640 2.704 2.676 2.444 2.486
West Coast (PADD 5) 4.430 4.292 4.312 4.251 4.201 4.120 4.092 4.155

RBOB regular gasoline futures prices (dollars per gallon)

RBOB regular gasoline futures prices (dollars per gallon) more price data ›
  Year ago Most recent
  02/24/23 02/23/24 02/16/24 02/09/24 02/02/24 01/26/24 01/19/24 01/12/24
Contract 1 2.359 2.277 2.336 2.340 2.148 2.294 2.163 2.120
Contract 2 2.581 2.509 2.578 2.569 2.380 2.326 2.185 2.144
Contract 3 2.575 2.500 2.568 2.563 2.381 2.546 2.389 2.347
Contract 4 2.545 2.471 2.532 2.529 2.356 2.543 2.393 2.353
Total gasoline stocks (million barrels) more stock data ›
  Year ago Most recent
  02/24/23 02/23/24 02/16/24 02/09/24 02/02/24 01/26/24 01/19/24 01/12/24
U.S. 239.2 244.2 247.0 247.3 251.0 254.1 253.0 248.1
East Coast (PADD 1) 62.5 63.6 64.4 63.0 63.4 62.8 62.3 60.0
Midwest (PADD 2) 51.8 58.2 58.7 59.2 61.7 60.7 59.8 58.5
Gulf Coast (PADD 3) 87.0 82.5 83.0 84.4 84.7 89.8 90.6 91.0
Rocky Mountain (PADD 4) 7.5 8.7 9.1 8.8 8.7 8.1 8.4 8.3
West Coast (PADD 5) 30.4 31.3 31.9 32.0 32.5 32.7 31.9 30.3
Conventional gasoline stocks (million barrels) more stock data ›
  Year ago Most recent
  02/24/23 02/23/24 02/16/24 02/09/24 02/02/24 01/26/24 01/19/24 01/12/24
U.S. 16.1 17.0 15.4 15.8 15.5 18.9 18.0 19.4
East Coast (PADD 1) 2.6 3.0 3.2 2.6 2.8 3.0 3.0 3.0
Midwest (PADD 2) 3.1 3.9 4.3 4.3 3.8 4.2 4.0 3.7
Gulf Coast (PADD 3) 7.1 7.0 4.7 5.9 5.9 8.5 8.0 9.7
Rocky Mountain (PADD 4) 1.7 1.3 1.4 1.3 1.3 1.4 1.4 1.3
West Coast (PADD 5) 1.6 1.7 1.8 1.7 1.7 1.8 1.6 1.7
Reformulated gasoline stocks (million barrels) more stock data ›
  Year ago Most recent
  02/24/23 02/23/24 02/16/24 02/09/24 02/02/24 01/26/24 01/19/24 01/12/24
U.S. 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
East Coast (PADD 1) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
Midwest (PADD 2) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
Gulf Coast (PADD 3) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
Rocky Mountain (PADD 4) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
West Coast (PADD 5) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
Blending components stocks (million barrels) more stock data ›
  Year ago Most recent
  02/24/23 02/23/24 02/16/24 02/09/24 02/02/24 01/26/24 01/19/24 01/12/24
U.S. 223.1 227.1 231.6 231.5 235.5 235.3 234.9 228.7
East Coast (PADD 1) 59.9 60.6 61.1 60.4 60.6 59.9 59.4 57.0
Midwest (PADD 2) 48.7 54.3 54.4 54.9 57.9 56.5 55.7 54.7
Gulf Coast (PADD 3) 79.9 75.5 78.3 78.5 78.8 81.3 82.6 81.3
Rocky Mountain (PADD 4) 5.8 7.3 7.7 7.5 7.4 6.7 7.0 7.0
West Coast (PADD 5) 28.8 29.5 30.1 30.2 30.8 30.9 30.3 28.6
Days of supply (number of days) more supply data ›
  Year ago Most recent
  02/24/23 02/23/24 02/16/24 02/09/24 02/02/24 01/26/24 01/19/24 01/12/24
U.S. 27.6 29.0 29.7 30.0 30.3 31.2 31.2 29.4
Note: Days of Supply calculated as: U.S. total gasoline stocks / Four-week average U.S. finished motor gasoline demand

Fuel ethanol stocks (million barrels)

Fuel ethanol stocks (million barrels) more stock data ›
  Year ago Most recent
  02/24/23 02/23/24 02/16/24 02/09/24 02/02/24 01/26/24 01/19/24 01/12/24
U.S. 24.8 26.0 25.5 25.8 24.8 24.3 25.8 25.7
East Coast (PADD 1) 7.9 8.4 8.4 8.6 8.0 7.7 7.7 7.7
Midwest (PADD 2) 10.0 10.0 10.0 10.3 9.9 9.7 10.2 10.4
Gulf Coast (PADD 3) 4.0 4.8 4.3 4.2 4.0 3.9 4.7 4.7
Rocky Mountain (PADD 4) 0.4 0.4 0.4 0.4 0.3 0.3 0.4 0.4
West Coast (PADD 5) 2.5 2.4 2.4 2.4 2.6 2.7 2.8 2.6

Gasoline production, imports, and exports (million barrels per day)

Finished gasoline production (million barrels per day)more production data ›
  Year ago Four-week averages Year ago Week ending
  02/24/23 02/23/24 02/16/24 02/09/24 02/24/23 02/23/24 02/16/24 02/09/24
U.S. 9.335 9.158 9.124 8.948 9.730 9.419 9.029 9.175
East Coast (PADD 1) 3.064 3.057 3.028 3.037 3.108 3.113 2.965 3.151
Midwest (PADD 2) 2.304 2.295 2.271 2.236 2.323 2.345 2.250 2.337
Gulf Coast (PADD 3) 2.011 2.147 2.097 2.052 2.098 2.248 2.211 2.098
Rocky Mountain (PADD 4) 0.299 0.332 0.333 0.329 0.308 0.345 0.333 0.329
West Coast (PADD 5) 1.429 1.366 1.343 1.324 1.452 1.408 1.372 1.347
Conventional gasoline production (million barrels per day) more production data ›
  Year ago Four-week averages Year ago Week ending
  02/24/23 02/23/24 02/16/24 02/09/24 02/24/23 02/23/24 02/16/24 02/09/24
U.S. 6.220 6.253 6.158 6.089 6.327 6.479 6.231 6.276
East Coast (PADD 1) 1.938 1.921 1.896 1.911 1.987 1.977 1.855 1.974
Midwest (PADD 2) 1.978 1.972 1.947 1.919 1.995 2.028 1.929 2.009
Gulf Coast (PADD 3) 1.574 1.682 1.643 1.607 1.625 1.771 1.752 1.627
Rocky Mountain (PADD 4) 0.299 0.266 0.266 0.266 0.308 0.281 0.269 0.256
West Coast (PADD 5) 0.430 0.412 0.405 0.386 0.412 0.421 0.426 0.409
Reformulated gasoline production (million barrels per day) more production data ›
  Year ago Four-week averages Year ago Week ending
  02/24/23 02/23/24 02/16/24 02/09/24 02/24/23 02/23/24 02/16/24 02/09/24
U.S. 2.887 2.944 2.915 2.890 2.960 2.980 2.901 2.986
East Coast (PADD 1) 1.126 1.136 1.132 1.126 1.121 1.136 1.111 1.176
Midwest (PADD 2) 0.326 0.323 0.324 0.318 0.327 0.317 0.321 0.328
Gulf Coast (PADD 3) 0.437 0.465 0.454 0.445 0.472 0.477 0.459 0.472
Rocky Mountain (PADD 4) 0.000 0.066 0.067 0.063 0.000 0.064 0.064 0.072
West Coast (PADD 5) 0.998 0.954 0.938 0.939 1.040 0.987 0.946 0.938
Gasoline imports (million barrels per day) more import data ›
  Year ago Four-week averages Year ago Week ending
  02/24/23 02/23/24 02/16/24 02/09/24 02/24/23 02/23/24 02/16/24 02/09/24
Total gasoline 0.681 0.523 0.527 0.500 0.672 0.384 0.734 0.436
Conventional gasoline 0.100 0.031 0.025 0.041 0.030 0.036 0.022 0.009
Reformulated gasoline 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000
Blending components 0.581 0.492 0.501 0.460 0.642 0.349 0.713 0.427
Gasoline exports (million barrels per day) more exports data ›
  Year ago Four-week averages Year ago Week ending
  02/24/23 02/23/24 02/16/24 02/09/24 02/24/23 02/23/24 02/16/24 02/09/24
Total motor gasoline 0.787 0.844 0.914 0.866 0.651 0.752 0.908 0.968

Fuel ethanol production (million barrels per day)

Fuel ethanol production (million barrels per day) more production data ›
  Year ago Four-week averages Year ago Week ending
  02/24/23 02/23/24 02/16/24 02/09/24 02/24/23 02/23/24 02/16/24 02/09/24
U.S. 1.011 1.069 1.048 0.981 1.003 1.078 1.084 1.083
East Coast (PADD 1) 0.011 0.011 0.011 0.011 0.011 0.011 0.011 0.011
Midwest (PADD 2) 0.965 1.019 0.996 0.930 0.958 1.029 1.032 1.032
Gulf Coast (PADD 3) 0.021 0.020 0.021 0.021 0.019 0.018 0.021 0.020
Rocky Mountain (PADD 4) 0.010 0.010 0.010 0.011 0.010 0.011 0.011 0.011
West Coast (PADD 5) 0.004 0.009 0.009 0.009 0.004 0.009 0.009 0.010

Gasoline demand (million barrels per day)

Gasoline demand (million barrels per day) more production data ›
  Year ago Four-week averages Year ago Week ending
  02/24/23 02/23/24 02/16/24 02/09/24 02/24/23 02/23/24 02/16/24 02/09/24
Finished motor gasoline 8.681 8.410 8.330 8.250 9.112 8.467 8.200 8.168

Abbreviations: NA = Not Available  |  W = Data Withheld