Petroleum Average Annual Prices by Product
Nebraska, 1970-2004
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Petroleum Average Annual Prices by Product |
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The prices in the table below are in nominal dollars per million Btu to make a comparison easier among the petroleum products. Aviation gasoline ($15.13) had the highest price among the petroleum products in 2004, closely followed by motor gasoline ($14.47). The rest of the petroleum products from highest to lowest price were: propane ($13.35), distillate fuel ($11.80), kerosene ($10.70), jet fuel ($8.77), and residual fuel ($5.02). |
| Year | Aviation Gasoline |
Distillate Fuel |
Jet Fuel | Kerosene | Motor Gasoline |
Propane | Residual Fuel |
| 1970 | $2.17 | $0.95 | $0.75 | $1.18 | $3.03 | $1.56 | $0.48 |
| 1971 | $2.21 | $0.99 | $0.78 | $1.21 | $3.00 | $1.54 | $0.60 |
| 1972 | $2.19 | $1.01 | $0.78 | $1.23 | $3.00 | $1.59 | $0.71 |
| 1973 | $2.36 | $1.28 | $0.93 | $1.51 | $3.21 | $2.49 | $0.70 |
| 1974 | $3.23 | $2.20 | $1.60 | $2.42 | $4.27 | $2.93 | $1.62 |
| 1975 | $3.45 | $2.38 | $2.09 | $2.63 | $4.76 | $3.07 | $1.74 |
| 1976 | $3.59 | $2.61 | $2.26 | $2.88 | $5.06 | $3.41 | $1.76 |
| 1977 | $3.97 | $2.92 | $2.69 | $3.23 | $5.29 | $3.84 | $1.86 |
| 1978 | $4.29 | $3.06 | $2.90 | $3.44 | $5.50 | $3.62 | $1.70 |
| 1979 | $5.73 | $4.24 | $4.03 | $4.24 | $7.41 | $4.21 | $2.26 |
| 1980 | $9.02 | $6.24 | $6.47 | $5.56 | $10.06 | $5.70 | $3.21 |
| 1981 | $10.84 | $7.60 | $7.60 | $7.57 | $11.37 | $5.84 | $4.38 |
| 1982 | $10.92 | $7.07 | $7.19 | $7.05 | $10.71 | $6.09 | $4.22 |
| 1983 | $10.44 | $6.82 | $6.63 | $7.58 | $9.61 | $6.52 | $4.46 |
| 1984 | $10.27 | $6.79 | $6.50 | $7.69 | $9.55 | $6.29 | $4.65 |
| 1985 | $9.99 | $6.51 | $6.19 | $7.60 | $9.67 | $7.19 | $4.28 |
| 1986 | $8.41 | $5.61 | $4.43 | $5.05 | $7.28 | $7.41 | $2.71 |
| 1987 | $7.55 | $6.03 | $4.38 | $5.14 | $7.58 | $7.07 | $2.53 |
| 1988 | $7.41 | $5.62 | $4.14 | $4.91 | $7.22 | $7.20 | $2.17 |
| 1989 | $8.28 | $6.31 | $4.54 | $6.06 | $8.42 | $7.59 | $2.04 |
| 1990 | $9.32 | $7.51 | $6.03 | $8.12 | $9.49 | $9.20 | $2.22 |
| 1991 | $8.71 | $7.19 | $5.01 | $6.61 | $9.43 | $8.13 | $2.02 |
| 1992 | $8.54 | $7.03 | $4.64 | $6.57 | $9.09 | $7.61 | $1.97 |
| 1993 | $8.24 | $6.99 | $4.33 | $5.95 | $9.08 | $6.80 | $2.27 |
| 1994 | $7.96 | $6.85 | $3.99 | $5.60 | $9.21 | $7.23 | $2.08 |
| 1995 | $8.36 | $6.90 | $4.01 | $5.20 | $9.22 | $7.32 | $2.38 |
| 1996 | $9.29 | $7.99 | $4.89 | $6.07 | $10.02 | $8.99 | $2.94 |
| 1997 | $9.39 | $7.55 | $4.59 | $5.84 | $9.63 | $9.04 | $2.65 |
| 1998 | $8.11 | $6.35 | $3.49 | $4.46 | $8.20 | $7.27 | $2.55 |
| 1999 | $8.81 | $7.09 | $4.08 | $4.97 | $8.72 | $7.55 | $2.65 |
| 2000 | $10.87 | $9.52 | $6.76 | $8.76 | $11.64 | $11.53 | $3.88 |
| 2001 | $11.01 | $8.87 | $5.94 | $8.53 | $11.44 | $11.52 | $4.04 |
| 2002 | $10.72 | $8.26 | $5.44 | $7.95 | $10.69 | $9.53 | $3.40 |
| 2003 | $12.42 | $9.50 | $6.59 | $8.90 | $12.11 | $11.70 | $3.87 |
| 2004 | $15.13 | $11.80 | $8.77 | $10.70 | $14.47 | $13.35 | $5.02 |
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Sources: State Energy Price and Expenditure Report. Energy Information Administration, Washington, DC. Nebraska Energy Office, Lincoln, NE. The table and graph were updated on August 22, 2007. Typically, there are two years between updates. Energy Statistics Home | Contact Us | Conversion Chart | Glossary |