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June 9, 2015
(Data is for the week ended May 29, 2015, unless stated otherwise.)
To read the entire bulletin, please click here.
Crude Oil
U.S. crude oil prices decreased by $1.29 to $59.64 per barrel in the past month and stand 42
percent lower compared to this time last year.
Transportation Fuels
On June 1, Missouri’s statewide average retail price for gasoline was about $2.50 per
gallon, up 13.3 cents in the past month and down 93.2 cents in the past year.
Natural Gas
Approximately 52 percent (1,236,651) of Missouri households use natural gas to heat their homes. (Data updated
from the most recent U.S. Census report.) Natural gas is also used to produce goods and electricity.
On June 3, natural gas futures at the NYMEX closed at $2.63 per million British thermal
units (MMBtu), down $0.15, or 5 percent, in the past month.
Propane
Approximately 10 percent (227,100) 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.
(Note: Beginning April 2015, Missouri residential retail propane prices will be reported only for the
first full week of each month through September 2015.)
On June 1, the average Missouri retail price for residential propane was about $1.32 per
gallon, 23.7 cents lower in the past month and down 54.5 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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