Total Energy

Glossary › FAQS ›

Annual Energy Review

Release Date: October 19, 2011 
Next Update: August 2012

Table 5.22   Refiner Sales Prices and Refiner Margins for Selected Petroleum Products, 1994-2010
                        (Dollars 1 per Gallon, Excluding Taxes)
Product 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 P
Sales Prices to Resellers: 2
  Aviation Gasoline
 0.933 0.975 1.055 1.065 0.912 1.007 1.330 1.256 1.146 1.288 1.627 2.076 2.490 2.758 3.342 2.480 2.874
  Motor Gasoline
 .599 .626 .713 .700 .526 .645 .963 .886 .828 1.002 1.288 1.670 1.969 2.182 2.586 1.767 2.165
    Unleaded Regular
 .566 .593 .685 .673 .499 .620 .942 .865 .806 .981 1.269 1.654 1.950 2.161 2.570 1.747 2.146
    Unleaded Midgrade
 .638 .670 .759 .749 .576 .696 1.013 .945 .885 1.061 1.340 1.708 2.016 2.245 2.610 1.784 2.185
    Unleaded Premium
 .695 .722 .803 .792 .617 .726 1.055 .980 .928 1.113 1.408 1.789 2.117 2.357 2.746 1.958 2.346
  Kerosene
 .618 .580 .714 .653 .465 .550 .969 .821 .752 .955 1.271 1.757 2.007 2.249 2.851 1.844 2.299
  Jet Fuel, Kerosene-Type
 .534 .539 .646 .613 .450 .533 .880 .763 .716 .871 1.208 1.723 1.961 2.171 3.020 1.719 2.185
  No. 1 Distillate 
 .615 .625 .751 .723 .513 .634 1.019 .883 .805 1.033 1.289 1.801 2.044 2.430 2.712 2.050 2.573
  No. 2 Distillate 
 .522 .530 .653 .602 .439 .536 .896 .779 .718 .882 1.178 1.720 1.991 2.190 2.970 1.707 2.208
    No. 2 Fuel Oil
 .506 .511 .639 .590 .422 .493 .886 .756 .694 .881 1.125 1.623 1.834 2.072 2.745 1.657 2.147
    No. 2 Diesel Fuel
 .529 .538 .659 .606 .444 .546 .898 .775 .724 .883 1.187 1.737 2.012 2.203 2.994 1.713 2.214
  No. 4 Fuel 3
 .462 .463 .603 .551 .383 .430 .778 .697 .663 .793 1.033 1.377 1.395 1.551 2.157 1.561 W
  Residual Fuel Oil
 .317 .363 .420 .387 .280 .354 .566 .476 .530 .661 .681 .971 1.136 1.350 1.866 1.342 1.697
    Sulfur <= 1 4
 .345 .383 .456 .415 .299 .382 .627 .523 .546 .728 .764 1.115 1.202 1.406 1.918 1.337 1.756
    Sulfur > 1 4
 .287 .338 .389 .366 .269 .329 .512 .428 .508 .588 .601 .842 1.085 1.314 1.843 1.344 1.679
  Propane (Consumer Grade)
 .324 .344 .461 .416 .288 .342 .595 .540 .431 .607 .751 .933 1.031 1.194 1.437 .921 1.212

Sales Prices to End Users: 2
  Aviation Gasoline
 .957 1.005 1.116 1.128 .975 1.059 1.306 1.323 1.288 1.493 1.819 2.231 2.682 2.849 3.273 2.442 3.028
  Motor Gasoline
 .738 .765 .847 .839 .673 .781 1.106 1.032 .947 1.156 1.435 1.829 2.128 2.345 2.775 1.888 2.301
    Unleaded Regular
 .689 .717 .807 .798 .630 .742 1.073 .997 .912 1.123 1.404 1.802 2.099 2.315 2.748 1.856 2.270
    Unleaded Midgrade
 .785 .808 .896 .895 .728 .835 1.168 1.100 1.010 1.218 1.499 1.893 2.213 2.438 2.879 1.997 2.416
    Unleaded Premium
 .865 .890 .972 .973 .805 .906 1.242 1.175 1.088 1.305 1.596 1.992 2.320 2.552 2.965 R 2.122 2.536
  Kerosene
 .660 .589 .740 .745 .501 .605 1.123 1.045 .990 1.224 1.160 1.957 2.244 2.263 3.283 2.675 3.063
  Jet Fuel, Kerosene-Type
 .534 .540 .651 .613 .452 .543 .899 .775 .721 .872 1.207 1.735 1.998 2.165 3.052 1.704 2.201
  No. 1 Distillate 
 .640 .620 .726 .689 .551 .621 .988 .902 .828 1.017 1.262 1.832 2.137 2.286 2.983 2.141 2.705
  No. 2 Distillate 
 .556 .560 .680 .642 .492 .580 .934 .840 .759 .942 1.235 1.777 2.091 2.266 3.143 1.840 2.318
    No. 2 Fuel Oil
 .572 .562 .673 .636 .482 .558 .927 .829 .737 .933 1.173 1.705 1.982 2.241 2.986 1.962 2.462
    No. 2 Diesel Fuel
 .554 .560 .681 .642 .494 .584 .935 .842 .762 .944 1.243 1.786 2.096 2.267 3.150 1.834 2.314
  No. 4 Fuel 3
 .501 .505 .603 .565 .428 .474 .769 .679 .657 .856 1.017 W W W W W W
  Residual Fuel Oil
 .352 .392 .455 .423 .305 .374 .602 .531 .569 .698 .739 1.048 1.218 1.374 1.964 1.341 1.713
    Sulfur <= 1 4
 .401 .436 .526 .488 .354 .405 .708 .642 .640 .804 .835 1.168 1.342 1.436 2.144 1.413 1.920
    Sulfur > 1 4
 .330 .377 .433 .403 .287 .362 .566 .492 .544 .651 .692 .974 1.173 1.350 1.889 1.306 1.619
  Propane (Consumer Grade)
 .530 .492 .605 .552 .405 .458 .603 .506 .419 .577 .839 1.089 1.358 1.489 1.892 1.220 1.481

Refiner Margins 5
  Motor Gasoline
 .228 .216 .220 .247 .228 .228 .290 .340 .254 .323 .408 .474 .535 .564 .330 R .355 .339
  Jet Fuel, Kerosene-Type
 .163 .129 .153 .160 .152 .116 .207 .217 .142 .192 .328 .527 .527 .553 .764 R .307 .359
  No. 2 Distillate 
 .151 .120 .160 .149 .141 .119 .223 .233 .144 .203 .298 .524 .557 .572 .714 R .295 .382
  Residual Fuel Oil
 -.054 -.048 -.072 -.066 -.018 -.063 -.107 -.070 -.044 -.018 -.199 -.225 -.298 -.268 -.390 R -.070 -.129
  Composite 6
 .198 .181 .194 .200 .195 .189 .261 .297 .216 .281 .367 .484 .530 .553 .453 R .328 .344
1Prices are not adjusted for inflation.  See "Nominal Dollars" in Glossary. 6A volume weighted average of the refiner prices to resellers for aviation gasoline, kerosene-type jet
fuel, kerosene, motor gasoline, distillate fuel nos. 1, 2, and 4, and residual fuel oil.
2Sales for resale (wholesale sales) are those made to purchasers who are other than ultimate
consumers.  Sales to end users are those made directly to the ultimate consumer, including bulk
customers, such as agriculture, industry, and utilities, as well as residential and commercial customers.		 R=Revised.  P=Preliminary.  W=Value withheld to avoid disclosure of individual company data.  
3Includes No. 4 fuel oil and No. 4 diesel fuel. Web Page:  For related information, see http://www.eia.gov/petroleum/.
4Sulfur content by weight. Source:  U.S. Energy Information Administration, Petroleum Marketing Monthly (April 2011), Tables 1, 2,
4, 6, and 16.
5In this table, refiner margin is the difference between the composite refiner acquisition price of crude
oil (see Table 5.21) and the price to resellers.