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Petroleum Average Annual Prices in Nebraska by Product

Aviation gasoline ($25.19) had the highest price among the petroleum products in 2010, closely followed by kerosene ($24.02), motor gasoline ($22.12), distillate fuel ($20.67), propane ($19.51), and jet fuel ($16.78). Residual fuel ($9.44) had the lowest price among the petroleum products.

All petroleum product prices had increased from 2009 to 2010. Price increases were as follows: residual fuel–64 percent, jet fuel–38 percent, distillate fuel–24 percent, aviation gasoline–24 percent, kerosene–21 percent, motor gasoline–19 percent, and propane–11 percent.

The prices in the table below are in nominal dollars per million Btu to make a comparison easier among the petroleum products.

Petroleum Average Annual Prices by Product
Nebraska, 1970 – 2010

(Nominal Dollars per Million Btu)

Year Aviation
Gasoline
Distillate
Fuel
Jet Fuel Kerosene Motor
Gasoline
Propane Residual
Fuel
1970 $2.17 $0.95 $0.75 $1.18 $3.03 $1.59 $0.48
1971 $2.21 $0.99 $0.78 $1.21 $3.00 $1.55 $0.60
1972 $2.19 $1.01 $0.78 $1.23 $3.00 $1.61 $0.71
1973 $2.36 $1.28 $0.93 $1.51 $3.21 $2.61 $0.70
1974 $3.23 $2.20 $1.60 $2.42 $4.27 $2.99 $1.62
1975 $3.45 $2.38 $2.09 $2.63 $4.76 $3.14 $1.74
1976 $3.59 $2.61 $2.26 $2.88 $5.06 $3.50 $1.76
1977 $3.97 $2.92 $2.69 $3.23 $5.29 $3.94 $1.86
1978 $4.29 $3.06 $2.90 $3.44 $5.50 $3.67 $1.70
1979 $5.73 $4.24 $4.03 $4.24 $7.41 $4.33 $2.26
1980 $9.02 $6.24 $6.47 $5.56 $10.06 $5.78 $3.21
1981 $10.84 $7.60 $7.60 $7.57 $11.37 $5.94 $4.38
1982 $10.92 $7.07 $7.19 $7.05 $10.71 $6.21 $4.22
1983 $10.44 $6.82 $6.63 $7.58 $9.61 $6.62 $4.46
1984 $10.27 $6.79 $6.50 $7.69 $9.55 $6.38 $4.65
1985 $9.99 $6.51 $6.19 $7.60 $9.67 $7.22 $4.28
1986 $8.41 $5.61 $4.43 $5.05 $7.28 $7.30 $2.71
1987 $7.55 $6.03 $4.38 $5.14 $7.58 $6.98 $2.53
1988 $7.41 $5.62 $4.14 $4.91 $7.22 $7.12 $2.17
1989 $8.28 $6.31 $4.54 $6.06 $8.42 $7.65 $2.04
1990 $9.32 $7.51 $6.03 $8.12 $9.49 $9.17 $2.22
1991 $8.71 $7.19 $5.01 $6.61 $9.43 $8.08 $2.02
1992 $8.54 $7.03 $4.64 $6.57 $9.09 $7.57 $1.97
1993 $8.24 $6.99 $4.33 $5.95 $9.08 $6.81 $2.27
1994 $7.96 $6.85 $3.99 $5.60 $9.21 $7.07 $2.08
1995 $8.36 $6.90 $4.01 $5.20 $9.22 $7.13 $2.38
1996 $9.29 $7.99 $4.89 $6.07 $10.02 $8.75 $2.94
1997 $9.39 $7.56 $4.59 $5.84 $9.63 $8.78 $2.65
1998 $8.11 $6.35 $3.49 $4.46 $8.20 $6.92 $2.55
1999 $8.81 $7.09 $4.08 $4.97 $8.72 $7.28 $2.65
2000 $10.87 $9.81 $6.76 $8.76 $12.08 $10.34 $3.88
2001 $11.01 $9.02 $5.94 $8.53 $11.59 $11.16 $4.04
2002 $10.72 $8.39 $5.44 $7.95 $10.89 $9.32 $3.40
2003 $12.42 $9.65 $6.59 $8.90 $12.23 $11.45 $3.87
2004 $15.13 $11.89 $8.77 $10.70 $14.54 $13.05 $5.02
2005 $18.56 $16.26 $13.19 $15.25 $17.85 $15.69 $6.46
2006 $22.31 $18.47 $14.70 $18.82 $20.39 $17.61 $7.71
2007 $23.70 $20.05 $16.00 $21.73 $22.66 $19.44 $7.90
2008 $27.23 $25.95 $22.56 $22.89 $24.94 $22.14 $12.28
2009 $20.32 $16.68 $12.20 $19.91 $18.57 $17.58 $5.77
2010 $25.19 $20.67 $16.78 $24.02 $22.13 $19.51 $9.44

Sources: State Energy Price and Expenditure Report. Energy Information Administration, Washington, DC. Nebraska Energy Office, Lincoln, NE.

The table and graph were updated on April 22, 2013. Typically, there are one to two years between updates.