Latest Trends in Gas Prices

Latest Trends in Gas Prices

This feature provides weekly information on average gasoline, diesel and crude oil prices, as well as the nation's fuel stock.

Latest Trends in Gasoline, Diesel Fuels & Crude Oil Prices – August 15, 2007

Latest Trends

As of August 13, 2007:

The average gasoline price was down 6.7 cents from the previous week; the price of gasoline was 22.6 cents lower than the price a year ago.
The average diesel fuel price was down 5.1 cents from the previous week; it was 21.8 cents lower than a year before.
The crude oil price was down $1.03 last week; it was $2.34 per barrel less than a year before.

Weekly Historic Trend - Last 12 Months

Click for current weekly chart.

Date	Gasoline[1]	Diesel Fuel	Crude Oil[2]
8/13	$2.821	$2.847	$71.51
8/6	$2.888	$2.898	$72.54
7/30	$2.926	$2.886	$76.25
7/23	$3.005	$2.889	$78.22
7/16	$3.092	$2.889	$79.73
7/9	$3.026	$2.849	$76.01
7/2	$3.005	$2.829	$71.27
6/25	$3.029	$2.853	$71.53
6/18	$3.057	$2.805	$72.36
6/11	$3.122	$2.792	$68.57
6/4	$3.200	$2.799	$70.25
5/28	$3.250	$2.817	$69.20[3]
5/21	$3.258	$2.803	$69.49
5/14	$3.143	$2.773	$66.51[4]
5/7	$3.097	$2.792	$63.56[5]
4/30	$3.017	$2.811	$67.16
4/23	$2.917	$2.851	$66.93
4/16	$2.922	$2.877	$67.15
4/9	$2.848	$2.840	$67.42[6]
4/2	$2.753	$2.790	$68.92
3/26	$2.655	$2.676	$64.44
3/19	$2.623	$2.681	$60.79
3/12	$2.605	$2.685	$59.95
3/5	$2.551	$2.626	$60.37
2/26	$2.428	$2.551	$60.82
2/19	$2.341	$2.491	$55.97[7]
2/12	$2.287	$2.476	$54.66
2/5	$2.237	$2.435	$58.27
1/29	$2.213	$2.413	$53.77[8]
1/22	$2.216	$2.430	$53.70
1/15	$2.280	$2.463	$51.30[9]
1/8	$2.354	$2.537	$51.71
1/1	$2.382	$2.580	$58.85[10]
12/25	$2.387	$2.596	$63.10[11]
12/18	$2.366	$2.606	$62.32
12/11	$2.340	$2.621	$62.80
12/4	$2.342	$2.618	$64.71
11/27	$2.292	$2.567	$60.20
11/20	$2.285	$2.553	$57.95
11/13	$2.278	$2.552	$60.43
11/6	$2.246	$2.506	$58.72
10/30	$2.264	$2.517	$57.96
10/23	$2.255	$2.524	$55.89
10/16	$2.274	$2.503	$58.50
10/9	$2.310	$2.506	$58.80
10/2	$2.360	$2.546	$59.72
9/25	$2.429	$2.595	$57.53
9/18	$2.549	$2.713	$61.46
9/11	$2.670	$2.857	$62.61
9/4	$2.777	$2.967	$65.97[12]
8/28	$2.893	$3.027	$66.94
8/21	$2.971	$3.033	$72.15
8/14	$3.047	$3.065	$73.85

Data from Department of Energy’s Energy Information Agency.

Fuel Stock Summary

As of August 10, the nation’s stock of crude oil stood at 335.2 million barrels, a decrease of 5.2 million barrels from a week before, but 4.2 millions more than a year ago. The stock of gasoline was 201.9 million barrels, down 1.1 million barrels from a week before, and 3.5 million less than a year ago.

[1] Prices are national average retail prices for all grades of fuel.

[2] Prices are spot prices for the benchmark Brent Crude Oil.

[3] Price for May 29, 2007

[4] Price for May 15, 2007

[5] Price for May 8, 2007

[6] Price for April 10, 2007, markets were closed – Easter Holidays

[7] Price for February 20, 2007, markets were closed on President Day

[8] Price for January 30, 2007, not available data for January 29, 2007

[9] Price for January 16, 2007, markets were closed on January 15, 2007 (Martin Luther King, Jr. Day)

[10] Price for January 2, 2007; markets were closed on January 1, 2007

[11] Price for December 20, 2006; markets were closed (Holidays Season)

[12] Price for September 5, 2006; markets were closed on Labor Day