MOTOR FUEL PRICES

MOTOR FUEL PRICES

Retail Gasoline Prices (weekly data, not seasonally adjusted)

Retail Gasoline Prices (weekly data, not seasonally adjusted)

Retail On-Highway Diesel Prices (weekly data, not seasonally adjusted)

Retail On-Highway Diesel Prices (weekly data, not seasonally adjusted)

Motor fuel prices are an important cost component of highway transportation. Changes in motor fuel prices impact the behavior of both producers and consumers, and affect the demand for transportation in terms of level and modal mix.

In the United States, motor gasoline prices follow world crude oil prices more closely than motor diesel prices. Changes in motor fuel prices affect the profit margin of transportation firms, particularly trucking firms.

There are regional differences in motor fuel prices, as the following maps illustrate.

Retail Gas Prices 10-Sep-01 17-Sep-01
Average all grades (dollars/gallon) 1.562 1.564
Percent change from previous week -1.08  0.13
Retail On-Highway Diesel Prices 10-Sep-01 17-Sep-01
Retail on-highway diesel prices (dollars/gallon) 1.492 1.527
On-Highway Diesel percent change from previous week  0.27  2.35

SOURCE: U.S. Department of Energy, Energy Information Administration, Weekly On-Highway Diesel Prices , as of September 17, 2001, available at: http://www.eia.doe.gov/oil_gas/petroleum/info_glance/gasoline.html