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Posted February 21, 2018Today in Energy

Recent legislation mandates additional sales of U.S. Strategic Petroleum Reserve crude oil ›

Recent legislation has directed the sale of more than 100 million barrels of oil from the U.S. Strategic Petroleum Reserve (SPR) in U.S. government fiscal years (FY) 2022 through 2027. Based on legislated sales established in multiple acts of Congress, the SPR could decline by about 40% in the coming decade while still meeting requirements for petroleum import coverage. More

Strategic petroleum reserve inventories and planned sales, as explained in the article text

Source: EIA, based on Strategic Petroleum Reserve

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Data Highlights

WTI crude oil futures price

2/20/2018: $61.90/barrel

up$2.71 from week earlier
up$8.50 from year earlier

Natural gas futures price

2/20/2018: $2.616/MMBtu

up$0.022 from week earlier
down$0.218 from year earlier

Retail gasoline price

2/19/2018: $2.557/gal

down$0.050 from week earlier
up$0.255 from year earlier

Retail diesel price

2/19/2018: $3.027/gal

down$0.036 from week earlier
up$0.455 from year earlier

Weekly coal production

2/10/2018: 15.153 million tons

down0.719 million tons from week earlier
down1.069 million tons from year earlier

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