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Crude Oil
U.S. crude oil prices decreased $18.11, or 24 percent, to $56.47
per barrel in the past month and stand 42 percent lower compared to this time last
year.
Transportation Fuels
On December 15,
Missouri’s statewide average retail price for gasoline was about $2.24 per
gallon, down 24.0 cents in the past month and down 77.6 cents in the past year.
Natural Gas
Approximately 53
percent (1,251,339) of Missouri households use natural gas to heat their homes.
Natural gas is also used to produce goods and electricity. (Data updated from
the most recent U.S. Census report.)
On December 17, natural gas futures at the
NYMEX closed at $3.70 per million British thermal units (MMBtu), down $0.67 in
the last month.
Propane
Approximately
10 percent (234,133) of Missouri households use propane to heat their homes. (Data
updated from the most recent U.S. Census report.) Propane is also used to
support commercial operations, produce goods, dry grain harvests and fuel
vehicles.
On
December 15, the average Missouri retail price for residential propane was about
$1.82 per gallon, 1.6 cents lower in the past month and down 35.5 cents in the
past year.
For more information on propane, please
visit:
http://energy.mo.gov/energy/services/be-prepared-for-propane
To access previous issues of the Energy Bulletin, or
to subscribe, please visit: http://energy.mo.gov/energy/stay-informed/missouri-energy-bulletins
To learn more about Missouri energy
issues, please visit:
http://energy.mo.gov/energy
For more information about the Comprehensive State
Energy Plan, visit: http://energy.mo.gov/energy/about/comprehensive-state-energy-plan.
The Missouri
Energy Bulletin is distributed twice a month by the Missouri Department of Economic
Development’s Division of Energy. The Division of Energy collects
transportation and propane heating fuel prices from several retail providers
located throughout the state. To preserve confidentiality, price data are
averaged and reported by region. The bulletin
is a public resource made available to state government decision-makers, other
interested individuals upon request and online at the division’s Web address.
The department thanks each of the following in helping to provide accurate,
timely data on fuel supplies and prices: the U.S. Department of Energy's Energy
Information Administration; the National Association of State Energy Officials;
the St. Louis AAA Auto Club; and Missouri's energy retailers. For more information, contact: MO Dept. of Economic
Development, Division of Energy, P.O. Box 1766, Jefferson City, MO 65102-1766;
Phone: 573-751-2254; Fax: 573-751-6860; Email: energy@ded.mo.gov; Web Address: http://energy.mo.gov/energy/stay-informed/missouri-energy-bulletins.
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