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EIA: US retail diesel prices increase to >$6 per gallon in the Northeast; nearly equal to California

On 16 May 2022, the average US on-highway retail diesel fuel price was $5.61 per gallon (gal)—a $2.00/gal increase from January 3, according to the US Energy Information Administration (EIA). Although retail diesel prices have increased across the entire United States, prices in the Northeast have increased the most and are now among the highest in the country.

On 16 May, the average retail diesel price was $6.43/gal in the New England region and $6.36/gal in the Central Atlantic region—increases of 78% and 68%, respectively, since the beginning of the year. Retail diesel prices in these regions are nearly equal to California’s average of $6.47/gal, according to EIA’s Gasoline and Diesel Fuel Update.


Diesel fuel is a type of distillate fuel. Prices of distillate fuels change with the price of crude oil and with developments specific to distillate product markets. In 2022, both low global distillate fuel inventories and high crude oil prices have been contributing to higher global distillate prices.

Global distillate inventories had been relatively low before Russia’s invasion of Ukraine because of higher demand and lower refinery production of distillate. Because the geopolitical climate and related economic sanctions have disrupted Russia’s distillate exports—most of which were sent to Europe—European countries have drawn down their regional distillate inventories and turned to other distillate suppliers.

On the US East Coast, distillate inventory draws and price increases have been especially high. According to data in the EIA Weekly Petroleum Status Report (WPSR), distillate stocks on the US East Coast measured 22.5 million barrels on 13 May—47% lower than their previous five-year (2017–21) average for this time of year. US regional distillate inventories excluding the East Coast are closer to their previous five-year averages for this time of year.

Because the East Coast consumes significantly more petroleum products than regional refineries produce, the region receives supplies from the US Gulf Coast and imports petroleum products from other countries. East Coast distillate refining capacity has decreased by approximately 100,000 barrels per day (b/d) since the Philadelphia Energy Solutions (PES) refinery closed following an explosion in June 2019. Shipments of distillate fuel through pipelines from the US Gulf Coast also fell in 2021 because of lower refining capacity and lower refinery utilization in the US Gulf Coast.

Net imports of distillate fuel at East Coast ports had increased from 139,000 b/d in 2019 to 227,000 b/d in 2021. However, in the seven most recent weeks, distillate imports have decreased to an average of 76,000 b/d, according to EIA weekly estimates.

On Monday, Reuters reported that The White House is weighing an emergency declaration to release diesel from a rarely used stockpile—the Northeast Home Heating Oil Reserve (NEHHOR)—in a bid to address the supply crunch and blunt rising prices. The impact from such a release would be limited by the relatively small size of the reserve, which only contains 1 million barrels of diesel.



None of this hurts if you drive an electric vehicle.
Looks as if the FF industry is having a field day increasing prices.


As we know, all prices are currently --> total exorbitant prices and therefore illegal! $2 a liter of gasoline or $8 a gallon is clearly illegal and these extreme corporate profits must be confiscated by the tax authorities at 75% and given to the poor people!

A tip on how to save!
My Rover 25, BJ2000, 1.4i - 100HP 5Door compact car wants under 6 liters of petrol every 100km. Very, very economical because up to 40 mpg!
I care about the price of gas, but I live frugally!

Wrong way!
Incidentally, each kWh of ELECTRICITY already costs now $1, so the reference to EV vehicles is antiquated and illogical!

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