Section 9. Energy prices

Section 9. Energy prices – Illustration

Crude Oil. The average price of domestic crude oil at the wellhead was $27.94 per barrel in August 2003, 13 percent above the level of August 2002. The refiner acquisition cost of imported crude oil in August 2003 was $28.50 per barrel, 11 percent above the August 2002 level. The average cost of domestic crude oil in August 2003 was $30.28, 13 percent more than the August 2002 average.

Motor Gasoline. The national city average retail price of unleaded regular gasoline at all types of stations was $1.73 per gallon in September 2003, 22 percent higher than the price in September 2002. The price of unleaded premium gasoline averaged $1.91 in September 2003, 18 percent higher than the price in September 2002.

Residual Fuel Oil. The average price, excluding taxes, of residual fuel oil sold to end users in August 2003 was 70 cents per gallon, slightly lower than the previous month’s price but 14 percent higher than the August 2002 average. The average resale price, excluding taxes, of residual fuel oil in August 2003 was 63 cents, 3 percent higher than the July 2003 price and 8 percent higher than the price 1 year earlier.

Aviation Fuel. The average price of aviation gasoline sold to end users in August 2003 was $1.62 per gallon, 7 percent higher than the previous month’s average price and 18 percent higher than the August 2002 average price. The average price, excluding taxes, of kerosene-type jet fuel sold to end users in August 2003 was 87 cents per gallon, 7 percent higher than the previous month’s average price and 16 percent higher than the August 2002 average price.

No. 2 Distillate Fuel Oil. The August 2003 national average price, excluding taxes, of heating oil sold to residential customers was $1.18 per gallon, 1 percent higher than the July 2003 price and 13 percent higher than the August 2002 price. The average price of No. 2 fuel oil sold to all end users was 87 cents per gallon in August 2003, 5 percent higher than the July 2003 price and 18 percent higher than the price 1 year earlier.

Electricity. The average retail price of electricity sold to all ultimate consumers in the United States in July 2003 (latest month for which data are available) was 7.91 cents per kilowatthour, 4 percent higher than the average price in July 2002. The price of electricity sold to residential consumers in July 2003 averaged 9.15 cents per kilowatthour, 4 percent higher than the July 2002 price. The price of electricity sold to commercial consumers averaged 8.60 cents per kilowatthour in July 2003, 4 percent higher than the July 2002 price. The price of electricity sold to other consumers was 6.98 cents per kilowatthour, 4 percent higher than the July 2002 price. The price of electricity sold to industrial users in July 2003 averaged 5.28 cents per kilowatthour, 3 percent higher than the price 1 year earlier.

Beginning with January 1986, new series of national average price estimates were based on a statistically derived sample of both publicly and privately owned electric utilities. Previously, average price estimates were derived from selected privately owned electric utilities and were not national averages.

Natural Gas. The average wellhead price of natural gas for June 2003 (latest month for which data are available) was estimated as $5.35 per thousand cubic feet, 82 percent higher than the June 2002 price.

The average price of natural gas delivered to the electric power sector was $5.99 per thousand cubic feet in June 2003 (latest month for which data are available), 66 percent higher than the June 2002 price. The average price of natural gas used by residential consumers in June 2003 was $11.78 per thousand cubic feet, 23 percent higher than the June 2002 price. The average price of natural gas used by commercial consumers in June 2003 was $8.86 per thousand cubic feet, 34 percent higher than the June 2002 price. The average price of natural gas used by industrial consumers in June 2003 was $6.38 per thousand cubic feet, 67 percent above the June 2002 price.

[FIGURE 9.1 OMITTED]

Table 9.1 Crude Oil Price Summary

(Dollars per Barrel)

Domestic First F.O.B. Cost Landed Cost

Purchase Price (b) of Imports (c) of Imports (d)

1973 Average 3.89 (e) 5.21 (e) 6.41

1974 Average 6.87 10.91 12.32

1975 Average 7.67 11.18 12.70

1976 Average 8.19 12.15 13.32

1977 Average 8.57 13.24 14.36

1978 Average 9.00 13.29 14.35

1979 Average 12.64 20.07 21.45

1980 Average 21.59 32.37 33.67

1981 Average 31.77 35.15 36.47

1982 Average 28.52 32.02 33.18

1983 Average 26.19 27.81 28.93

1984 Average 25.88 27.60 28.54

1985 Average 24.09 25.84 26.67

1986 Average 12.51 12.52 13.49

1987 Average 15.40 16.69 17.65

1988 Average 12.58 13.25 14.08

1989 Average 15.86 16.89 17.68

1990 Average 20.03 20.37 21.13

1991 Average 16.54 16.89 18.02

1992 Average 15.99 16.77 17.75

1993 Average 14.25 14.71 15.72

1994 Average 13.19 14.18 15.18

1995 Average 14.62 15.69 16.78

1996 Average 18.46 19.32 20.31

1997 Average 17.23 16.94 18.11

1998 Average 10.87 10.76 11.84

1999 Average 15.56 16.47 17.23

2000 Average 26.72 26.27 27.53

2001 January 24.64 22.46 24.04

February 25.27 23.01 24.23

March 22.98 20.88 22.89

April 23.39 21.71 23.06

May 24.06 22.71 24.14

June 23.43 22.74 23.83

July 22.82 21.43 22.88

August 23.08 22.02 23.29

September 22.37 21.01 22.22

October 18.73 17.15 18.38

November 16.40 15.03 16.24

December 15.54 15.22 16.05

Average 21.84 20.46 21.82

2002 January 15.89 16.01 17.29

February 16.92 17.67 19.17

March 20.04 21.60 22.24

April 22.14 23.04 24.15

May 23.51 23.16 24.49

June 22.59 22.63 23.95

July 23.51 23.72 25.01

August 24.76 24.57 25.93

September 26.08 25.80 26.78

October 25.29 24.32 25.58

November 23.38 22.42 24.22

December 25.29 25.86 27.08

Average 22.51 22.63 23.91

2003 January 28.35 29.16 30.34

February 31.85 29.78 31.33

March 30.09 26.32 28.86

April 25.46 22.75 25.21

May 24.96 23.49 25.39

June 26.83 (R) 25.35 (R) 27.36

July (R) 27.53 (R) 26.17 (R) 27.83

August 27.94 26.74 28.19

Refiner Acquisition Cost (a)

Domestic Imported Composite

1973 Average (E) 4.17 (E) 4.08 (E) 4.15

1974 Average 7.18 12.52 9.07

1975 Average 8.39 13.93 10.38

1976 Average 8.84 13.48 10.89

1977 Average 9.55 14.53 11.96

1978 Average 10.61 14.57 12.46

1979 Average 14.27 21.67 17.72

1980 Average 24.23 33.89 28.07

1981 Average 34.33 37.05 35.24

1982 Average 31.22 33.55 31.87

1983 Average 28.87 29.30 28.99

1984 Average 28.53 28.88 28.63

1985 Average 26.66 26.99 26.75

1986 Average 14.82 14.00 14.55

1987 Average 17.76 18.13 17.90

1988 Average 14.74 14.56 14.67

1989 Average 17.87 18.08 17.97

1990 Average 22.59 21.76 22.22

1991 Average 19.33 18.70 19.06

1992 Average 18.63 18.20 18.43

1993 Average 16.67 16.14 16.41

1994 Average 15.67 15.51 15.59

1995 Average 17.33 17.14 17.23

1996 Average 20.77 20.64 20.71

1997 Average 19.61 18.53 19.04

1998 Average 13.18 12.04 12.52

1999 Average 17.90 17.26 17.51

2000 Average 29.11 27.70 28.26

2001 January 26.83 24.49 25.45

February 27.66 24.97 26.09

March 25.64 23.01 24.05

April 25.12 22.99 23.87

May 26.37 24.63 25.31

June 26.30 23.95 24.92

July 25.13 22.76 23.76

August 25.44 23.77 24.44

September 25.48 22.51 23.73

October 21.79 18.76 20.04

November 18.99 16.06 17.24

December 17.34 15.95 16.52

Average 24.33 22.00 22.95

2002 January 17.84 17.04 17.38

February 18.70 18.24 18.43

March 21.61 22.29 22.00

April 24.26 23.98 24.10

May 25.78 24.44 25.03

June 24.81 23.45 24.05

July 25.37 24.99 25.16

August 26.87 25.68 26.19

September 28.40 27.14 27.66

October 27.82 25.99 26.70

November 26.02 23.68 24.60

December 27.25 26.68 26.93

Average 24.65 23.71 24.10

2003 January 30.47 30.32 30.38

February 33.98 32.42 33.08

March 32.68 29.31 30.68

April 28.54 24.52 26.03

May 26.75 25.15 25.74

June 29.07 27.22 27.92

July (R) 29.54 (R) 27.95 28.55

August 30.28 28.50 29.15

(a) See Note 4 at end of section.

(b) See Note 1 at end of section.

(c) See Note 2 at end of section.

(d) See Note 3 at end of section.

(e) Based on October, November, and December data only.

(R)=Revised. (E)=Estimate.

Notes: * Values for Domestic First Purchase Price and Refiner

Acquisition Cost for the current month and for F.O.B. and Landed Costs

of Imports for the current 2 months are preliminary. * F.O.B. and

landed costs through 1980 reflect the period of reporting; prices since

then reflect the period of loading. * Annual averages are the averages

of the monthly prices, weighted by volume. * Geographic coverage is the

50 States, the District of Columbia, Puerto Rico, the Virgin Islands,

and all U.S. Territories and Possessions.

Web Page: http://www.eia.doe.gov/emeu/mer/prices.html.

Sources: See end of section.

Table 9.2 F.O.B. Costs of Crude Oil Imports From Selected Countries

(Dollars per Barrel)

Selected Countries

Angola Colombia Mexico Nigeria

1973 Average (c) W W NA 7.81

1974 Average 11.87 W W 12.44

1975 Average 10.97 (d) 11.44 11.82

1976 Average 12.02 (d) 12.22 13.08

1977 Average 13.29 (d) 13.42 14.44

1978 Average 13.32 (d) 13.24 14.05

1979 Average 19.85 (d) 20.27 21.69

1980 Average 33.45 W 31.06 35.93

1981 Average 35.55 (d) 33.01 38.31

1982 Average 31.86 (d) 28.08 35.13

1983 Average 28.14 (d) 25.20 29.81

1984 Average 27.46 (d) 26.39 29.51

1985 Average 26.30 (d) 25.33 28.04

1986 Average 13.30 12.34 11.84 14.35

1987 Average 17.27 17.84 16.36 18.47

1988 Average 13.70 13.61 12.18 15.16

1989 Average 17.66 17.89 15.96 18.31

1990 Average 20.23 20.75 19.26 22.46

1991 Average 18.47 18.49 15.37 20.29

1992 Average 18.41 18.02 15.26 19.98

1993 Average 16.23 15.87 13.74 17.79

1994 Average 15.40 14.99 13.68 16.32

1995 Average 16.58 16.73 15.64 17.40

1996 Average 20.71 21.33 19.14 21.27

1997 Average 18.81 18.85 16.72 19.43

1998 Average 12.11 12.56 10.49 12.97

1999 Average 17.46 17.20 15.89 17.32

2000 Average 27.90 29.04 25.39 28.70

2001 January 24.28 26.72 21.31 26.46

February 25.68 27.06 21.39 26.82

March 21.97 23.63 18.77 24.70

April 24.71 25.04 19.78 W

May 27.45 26.23 21.20 28.74

June 26.87 26.81 21.39 27.63

July 23.85 25.86 19.18 24.98

August 24.10 25.23 20.49 25.78

September 24.03 22.78 20.82 24.60

October 19.70 20.40 16.45 20.14

November 17.49 18.44 14.32 19.02

December 17.49 18.48 14.26 19.08

Average 23.25 24.25 18.89 24.85

2002 January 19.12 18.93 14.25 19.63

February 18.76 19.37 15.91 20.70

March 22.65 23.88 20.21 24.39

April 24.36 25.57 22.42 25.66

May 24.35 26.11 22.83 W

June 22.93 24.30 22.05 24.39

July 24.63 W 22.50 26.01

August 25.93 26.10 23.70 27.28

September 27.97 29.11 25.31 28.56

October 26.57 27.03 23.68 27.28

November 23.58 24.14 20.63 24.93

December 28.75 27.75 24.25 29.98

Average 24.09 24.59 21.60 25.38

2003 January 31.59 32.94 28.32 31.76

February 33.49 35.25 28.44 33.64

March 29.34 31.28 24.98 30.82

April 24.81 24.85 21.54 25.27

May 25.63 25.13 22.58 27.03

June 26.66 27.63 24.39 27.79

July (R) 27.83 W (R) 25.64 (R) 29.14

August 28.58 28.88 25.93 30.22

Selected Countries

Saudi United

Arabia Kingdom Venezuela

1973 Average (c) 3.25 NA 5.39

1974 Average 10.17 NA 10.71

1975 Average 10.87 NA 11.04

1976 Average 11.62 W 11.39

1977 Average 12.38 14.11 12.63

1978 Average 12.70 13.82 12.38

1979 Average 17.28 21.70 16.90

1980 Average 28.17 34.36 24.81

1981 Average 32.60 36.06 28.95

1982 Average 33.73 33.42 23.74

1983 Average 27.53 29.91 21.48

1984 Average 27.67 28.87 24.23

1985 Average 22.04 27.64 23.64

1986 Average 11.36 13.84 10.92

1987 Average 15.12 18.28 15.08

1988 Average 12.16 14.80 12.96

1989 Average 16.29 17.89 16.09

1990 Average 20.36 23.43 19.55

1991 Average 14.62 20.81 14.91

1992 Average 15.85 19.61 14.39

1993 Average 13.77 16.64 12.46

1994 Average 14.12 15.66 12.21

1995 Average W 16.94 13.86

1996 Average 19.28 19.43 17.73

1997 Average 15.16 18.59 15.33

1998 Average 8.87 12.52 9.31

1999 Average 17.65 19.14 14.33

2000 Average 24.62 27.21 24.45

2001 January 19.79 25.87 20.97

February 20.58 W 20.43

March 20.46 W 19.12

April 20.83 W 21.12

May 20.54 28.19 20.10

June 20.80 W 17.95

July W 24.88 18.68

August 18.93 W 19.67

September 16.24 23.81 17.11

October 14.23 20.48 14.76

November 14.93 W 11.90

December 15.34 W 12.80

Average 18.98 23.30 18.01

2002 January W W 13.55

February 21.11 W 14.84

March 23.42 W 19.31

April 23.17 W 20.02

May 23.19 24.52 19.90

June 23.55 23.24 20.50

July 25.12 25.39 21.71

August 25.10 W 22.67

September 24.67 28.41 23.98

October 23.46 28.20 21.59

November 25.12 25.10 20.18

December 26.75 W 23.41

Average 23.92 24.50 20.13

2003 January 27.76 31.66 W

February 26.67 32.97 28.50

March 24.87 28.78 22.83

April 21.01 W 21.00

May 22.56 25.28 21.61

June (R) 26.55 W (R) 22.98

July (R) 25.93 W (R) 24.51

August 25.47 W 25.24

Persian

Gulf Total Total

Nations (a) OPEC (b) Non-OPEC

1973 Average (c) 3.68 5.43 4.80

1974 Average 10.60 11.33 9.59

1975 Average 10.88 11.34 10.62

1976 Average 11.65 12.23 11.70

1977 Average 12.56 13.29 12.97

1978 Average 12.77 13.31 13.23

1979 Average 18.77 19.88 20.92

1980 Average 28.92 32.21 32.85

1981 Average 33.00 35.17 35.12

1982 Average 33.55 33.48 30.58

1983 Average 27.70 28.46 27.20

1984 Average 27.48 27.79 27.45

1985 Average 23.31 25.67 25.96

1986 Average 11.35 12.21 12.87

1987 Average 15.97 16.43 16.99

1988 Average 12.38 13.43 13.05

1989 Average 16.61 17.06 16.72

1990 Average 18.54 20.40 20.32

1991 Average 15.22 16.99 16.77

1992 Average 16.35 16.87 16.66

1993 Average 14.21 14.78 14.65

1994 Average 13.97 14.00 14.34

1995 Average W 15.36 16.02

1996 Average 19.22 18.94 19.65

1997 Average 15.24 16.26 17.51

1998 Average 9.09 10.20 11.21

1999 Average 17.15 15.90 16.84

2000 Average 24.72 25.56 26.77

2001 January 19.62 21.55 23.14

February 20.94 22.22 23.67

March 20.37 20.83 20.94

April 20.36 21.74 21.69

May 20.13 21.77 23.62

June 20.73 21.48 23.66

July 21.03 20.58 22.25

August 20.49 21.26 22.59

September 16.56 18.88 22.42

October 14.37 15.76 18.17

November 14.25 14.05 15.68

December 15.21 14.55 15.65

Average 18.89 19.73 21.04

2002 January 17.46 15.79 16.17

February 19.77 17.61 17.71

March 23.08 21.49 21.67

April 23.38 22.48 23.38

May 22.78 22.26 23.72

June 23.56 22.26 22.84

July 24.99 23.46 23.92

August 25.33 24.12 24.89

September 24.71 25.09 26.30

October 23.06 22.88 25.29

November 24.58 22.36 22.46

December 26.64 26.53 25.51

Average 23.38 22.18 22.93

2003 January 27.81 29.08 29.21

February 27.17 28.65 30.53

March 25.09 25.39 26.99

April 21.12 21.84 23.41

May 22.61 22.80 24.00

June (R) 26.47 (R) 24.90 (R) 25.67

July (R) 25.97 (R) 25.75 (R) 26.45

August 25.51 26.04 27.14

(a) Bahrain, Iran, Iraq, Kuwait, Qatar, Saudi Arabia, and United Arab

Emirates.

(b) Current members are Algeria, Indonesia, Iran, Iraq, Kuwait, Libya,

Nigeria, Qatar, Saudi Arabia, United Arab Emirates, and Venezuela.

Ecuador is included in the data through 1992 and Gabon through 1995.

(c) Based on October, November, and December data only.

(d) No data reported.

(R)=Revised.

NA=Not available.

W=Value withheld to avoid disclosure of individual company data.

Notes: * The Free on Board (F.O.B.) cost at the country of origin

excludes all costs related to insurance and transportation. See Note 2

at end of section. * Values for the current 2 months are preliminary.

* Prices through 1980 reflect the period of reporting; prices since

then reflect the period of loading. * Annual averages are averages of

the monthly prices, including prices not published, weighted by volume.

* Cargoes that are purchased on a “netback” basis, or under similar

contractual arrangements whereby the actual purchase price is not

established at the time the crude oil is acquired for importation into

the United States, are not included in the published data until the

actual prices have been determined and reported. * U.S. geographic

coverage is the 50 States and the District of Columbia.

Web Page: http://www.eia.doe.gov/emeu/mer/prices.html.

Sources: See end of section.

Table 9.3 Landed Costs of Crude Oil Imports From Selected Countries

(Dollars per Barrel)

Selected Countries

Angola Canada Colombia Mexico

1973 Average (c) W 5.33 W NA

1974 Average 12.48 11.48 W W

1975 Average 11.81 12.84 (d) 12.61

1976 Average 12.71 13.36 (d) 12.64

1977 Average 14.04 14.13 (d) 13.82

1978 Average 14.07 14.41 (d) 13.56

1979 Average 21.06 20.22 (d) 20.77

1980 Average 34.76 30.11 W 31.77

1981 Average 36.84 32.32 (d) 33.70

1982 Average 33.08 27.15 (d) 28.63

1983 Average 29.31 25.63 (d) 25.78

1984 Average 28.49 26.56 (d) 26.85

1985 Average 27.39 25.71 (d) 25.63

1986 Average 14.09 13.43 12.85 12.17

1987 Average 18.20 17.04 18.43 16.69

1988 Average 14.48 13.50 14.47 12.58

1989 Average 18.36 16.81 18.10 16.35

1990 Average 21.51 20.48 22.34 19.64

1991 Average 19.90 17.16 19.55 15.89

1992 Average 19.36 17.04 18.46 15.60

1993 Average 17.40 15.27 16.54 14.11

1994 Average 16.36 14.83 15.80 14.09

1995 Average 17.66 16.65 17.45 16.19

1996 Average 21.86 19.94 22.02 19.64

1997 Average 20.24 17.63 19.71 17.30

1998 Average 13.37 11.62 13.26 11.04

1999 Average 18.37 17.54 18.09 16.12

2000 Average 29.57 26.69 29.68 26.03

2001 January 26.56 21.98 28.27 21.51

February 27.48 22.48 28.71 21.61

March 24.87 21.57 26.21 19.52

April 26.63 21.35 26.71 19.57

May 28.58 22.63 27.83 21.22

June 28.40 22.53 28.86 21.34

July 25.59 22.60 27.45 19.79

August 25.54 23.95 26.31 21.14

September 25.66 22.55 24.86 21.40

October 21.21 18.48 21.77 17.19

November 18.91 14.84 20.22 14.82

December 18.49 14.65 18.92 14.64

Average 25.13 20.72 25.88 19.37

2002 January 20.03 15.64 19.86 14.87

February 19.70 18.00 20.33 16.29

March 22.99 20.05 24.54 20.38

April 25.24 23.37 26.22 22.90

May 25.52 23.97 25.85 23.45

June 24.48 23.15 24.99 22.61

July 26.06 24.38 25.99 23.09

August 26.99 25.63 27.00 24.21

September 28.93 26.00 29.77 25.76

October 27.75 25.16 28.07 24.14

November 25.06 23.24 25.28 21.24

December 30.65 24.53 28.42 24.63

Average 25.43 22.98 25.28 22.09

2003 January 33.28 27.91 34.11 28.71

February 35.83 30.10 36.79 29.28

March 32.00 29.93 32.73 26.20

April 27.77 26.06 26.15 22.24

May 27.39 24.98 26.85 23.15

June 28.52 26.91 29.65 25.09

July (R) 29.60 26.88 (R) 30.17 (R) 26.08

August 29.93 27.50 30.23 26.41

Selected Countries

Saudi United

Nigeria Arabia Kingdom Venezuela

1973 Average (c) 9.08 5.37 NA 5.99

1974 Average 13.16 11.63 NA 11.25

1975 Average 12.70 12.50 NA 12.36

1976 Average 13.81 13.06 W 11.89

1977 Average 15.29 13.69 14.83 13.11

1978 Average 14.88 13.94 14.53 12.84

1979 Average 22.97 18.95 22.97 17.65

1980 Average 37.15 29.80 35.68 25.92

1981 Average 39.66 34.20 37.29 29.91

1982 Average 36.16 34.99 34.25 24.93

1983 Average 30.85 29.27 30.87 22.94

1984 Average 30.36 29.20 29.45 25.19

1985 Average 28.96 24.72 28.36 24.43

1986 Average 15.29 12.84 14.63 11.52

1987 Average 19.32 16.81 18.78 15.76

1988 Average 15.88 13.37 15.82 13.66

1989 Average 19.19 17.34 18.74 16.78

1990 Average 23.33 21.82 22.65 20.31

1991 Average 21.39 17.22 21.37 15.92

1992 Average 20.78 17.48 20.63 15.13

1993 Average 18.73 15.40 17.92 13.39

1994 Average 17.21 15.11 16.64 13.12

1995 Average 18.25 16.84 17.91 14.81

1996 Average 21.95 20.49 20.88 18.59

1997 Average 20.64 17.52 20.64 16.35

1998 Average 14.14 11.16 13.55 10.16

1999 Average 17.63 17.48 18.26 15.58

2000 Average 30.04 26.58 29.26 26.05

2001 January 28.37 23.58 28.29 22.89

February 28.75 23.00 29.12 22.15

March 27.40 22.62 26.29 21.13

April 27.01 22.58 25.95 22.54

May 29.33 22.63 28.27 21.91

June 29.31 22.65 26.91 20.41

July 26.68 22.54 26.02 20.27

August 27.01 21.78 25.91 21.21

September 26.45 19.21 24.83 19.40

October 22.34 16.31 21.27 16.26

November 20.41 16.44 W 13.62

December 19.98 16.32 W 14.40

Average 26.55 20.98 25.32 19.81

2002 January 20.41 19.02 W 15.07

February 21.57 21.99 20.83 16.49

March 24.33 24.01 23.72 20.82

April 26.47 24.18 25.35 22.02

May 26.56 24.48 25.93 21.92

June 25.55 24.61 25.12 22.30

July 26.89 25.97 26.36 23.34

August 27.75 26.67 27.00 24.43

September 29.44 25.93 28.20 25.45

October 28.59 25.02 28.90 23.06

November 26.53 26.37 26.96 22.02

December 30.58 28.20 29.38 25.09

Average 26.45 24.77 26.35 21.93

2003 January 33.40 30.56 32.89 29.38

February 35.65 29.25 34.74 30.80

March 34.29 26.23 31.32 26.51

April 29.54 24.47 28.23 23.33

May 28.33 25.36 26.75 23.42

June 29.49 (R) 28.21 29.58 (R) 25.06

July (R) 30.40 (R) 28.09 (R) 29.83 (R) 26.11

August 31.21 27.79 30.48 26.87

Persian

Gulf

Nations Total Total

(a) OPEC (b) Non-OPEC

1973 Average (c) 5.91 6.85 5.64

1974 Average 12.21 12.49 11.81

1975 Average 12.64 12.70 12.70

1976 Average 13.03 13.32 13.35

1977 Average 13.85 14.35 14.42

1978 Average 14.01 14.34 14.38

1979 Average 20.42 21.29 22.10

1980 Average 30.59 33.56 33.99

1981 Average 34.61 36.60 36.14

1982 Average 34.94 34.81 31.47

1983 Average 29.37 29.84 28.08

1984 Average 29.07 29.06 28.14

1985 Average 25.50 26.86 26.53

1986 Average 12.92 13.46 13.52

1987 Average 17.47 17.64 17.66

1988 Average 13.51 14.18 13.96

1989 Average 17.37 17.78 17.54

1990 Average 20.55 21.23 20.98

1991 Average 17.34 18.08 17.93

1992 Average 17.58 17.81 17.67

1993 Average 15.26 15.68 15.78

1994 Average 15.00 15.08 15.29

1995 Average 16.78 16.61 16.95

1996 Average 20.45 20.14 20.47

1997 Average 17.44 17.73 18.45

1998 Average 11.18 11.46 12.22

1999 Average 17.37 16.94 17.51

2000 Average 26.77 27.29 27.80

2001 January 23.51 24.08 24.01

February 22.96 23.90 24.61

March 22.49 23.21 22.46

April 22.23 23.26 22.79

May 22.47 23.67 24.73

June 22.25 23.26 24.40

July 22.28 22.43 23.51

August 22.06 22.70 23.93

September 19.91 21.06 23.55

October 16.99 17.58 19.28

November 16.17 16.12 16.37

December 15.87 16.02 16.09

Average 20.73 21.52 22.17

2002 January 18.02 17.57 16.95

February 20.67 19.68 18.58

March 23.31 22.79 21.72

April 24.06 24.03 24.26

May 24.33 24.11 24.78

June 24.48 23.98 23.93

July 25.77 25.06 24.98

August 26.51 25.94 25.92

September 25.97 26.37 27.16

October 24.92 24.73 26.30

November 25.86 24.53 23.92

December 27.91 28.07 26.32

Average 24.13 23.83 23.97

2003 January 30.22 30.79 29.99

February 29.85 30.73 31.93

March 27.01 28.24 29.52

April 24.27 24.86 25.63

May 25.11 25.28 25.51

June 28.10 (R) 27.38 (R) 27.33

July (R) 28.03 (R) 27.80 (R) 27.86

August 27.50 28.13 28.23

(a) Bahrain, Iran, Iraq, Kuwait, Qatar, Saudi Arabia, and

United Arab Emirates.

(b) Current members are Algeria, Indonesia, Iran, Iraq, Kuwait, Libya,

Nigeria, Qatar, Saudi Arabia, United Arab Emirates, and Venezuela.

Ecuador is included in the data through 1992 and Gabon through 1995.

(c) Based on October, November, and December data only.

(d) No data reported.

(R)=Revised.

NA=Not available.

W=Value withheld to avoid disclosure of individual company data.

Notes: * See Note 3 at end of section. * Values for the current 2

months are preliminary. * Prices through 1980 reflect the period of

reporting; prices since then reflect the period of loading. * Annual

averages are averages of the monthly prices, including prices not

published, weighted by volume. * Cargoes that are purchased on a

“netback” basis, or under similar contractual arrangements whereby

the actual purchase price is not established at the time the crude

oil is acquired for importation into the United States, are not

included in the published data until the actual prices have been

determined and reported. * U.S. geographic coverage is the 50

States and the District of Columbia.

Web Page: http://www.eia.doe..gov/emeu/mer/prices.html.

Sources: * October 1973-September 1977: Federal Energy Administration,

Form FEA-F701-M-0, “Transfer Pricing Report.” * October 1977-December

1977: Energy Information Administration (EIA), Form FEA-F701-M-0,

“Transfer Pricing Report.” * 1978 forward: EIA, Petroleum Marketing

Monthly, November 2003, Table 25.

Table 9.4 Motor Gasoline Retail Prices, U.S. City Average

(Cents per Gallon, Including Taxes)

Leaded Unleaded Unleaded

Regular Regular Premium All Types (a)

1973 Average 38.8 NA NA NA

1974 Average 53.2 NA NA NA

1975 Average 56.7 NA NA NA

1976 Average 59.0 61.4 NA NA

1977 Average 62.2 65.6 NA NA

1978 Average 62.6 67.0 NA 65.2

1979 Average 85.7 90.3 NA 88.2

1980 Average 119.1 124.5 NA 122.1

1981 Average (b) 131.1 137.8 (c) 147.0 135.3

1982 Average 122.2 129.6 141.5 128.1

1983 Average 115.7 124.1 138.3 122.5

1984 Average 112.9 121.2 136.6 119.8

1985 Average 111.5 120.2 134.0 119.6

1986 Average 85.7 92.7 108.5 93.1

1987 Average 89.7 94.8 109.3 95.7

1988 Average 89.9 94.6 110.7 96.3

1989 Average 99.8 102.1 119.7 106.0

1990 Average 114.9 116.4 134.9 121.7

1991 Average NA 114.0 132.1 119.6

1992 Average NA 112.7 131.6 119.0

1993 Average NA 110.8 130.2 117.3

1994 Average NA 111.2 130.5 117.4

1995 Average NA 114.7 133.6 120.5

1996 Average NA 123.1 141.3 128.8

1997 Average NA 123.4 141.6 129.1

1998 Average NA 105.9 125.0 111.5

1999 Average NA 116.5 135.7 122.1

2000 Average NA 151.0 169.3 156.3

2001 January NA 147.2 165.7 152.5

February NA 148.4 167.1 153.8

March NA 144.7 163.8 150.3

April NA 156.4 174.8 161.7

May NA 172.9 193.4 181.2

June NA 164.0 188.1 173.1

July NA 148.2 169.5 156.5

August NA 142.7 163.6 150.9

September NA 153.1 172.6 160.9

October NA 136.2 156.0 144.2

November NA 126.3 142.7 132.4

December NA 113.1 131.2 120.0

Average NA 146.1 165.7 153.1

2002 January NA 113.9 132.3 120.9

February NA 113.0 133.0 121.0

March NA 124.1 145.0 132.4

April NA 140.7 162.2 149.3

May NA 142.1 162.5 150.8

June NA 140.4 160.6 148.9

July NA 141.2 160.7 149.6

August NA 142.3 162.0 150.8

September NA 142.2 161.9 150.7

October NA 144.9 164.3 153.5

November NA 144.8 164.3 153.4

December NA 139.4 158.9 147.7

Average NA 135.8 157.8 144.1

2003 January NA 147.3 166.6 155.7

February NA 164.1 182.8 168.6

March NA 174.8 192.4 179.1

April NA 165.9 184.6 170.4

May NA 154.2 172.9 158.7

June NA 151.4 170.0 155.8

July NA 152.4 171.0 156.7

August NA 162.8 180.8 167.1

September NA 172.8 191.1 177.1

(a) Also includes types of motor gasoline not shown separately.

(b) In September 1981, the Bureau of Labor Statistics changed the

weights used in the calculation of average motor gasoline prices.

From September 1981 forward, gasohol is included in the average for

all types, and unleaded premium is weighted more heavily.

(c) Based on September through December data only.

NA=Not available.

Notes: * See Note 5 at end of section. * Geographic coverage for

1973-1977 is 56 urban areas. Geographic coverage for 1978 forward

is 85 urban areas.

Web Page: http://www.eia.doe.gov/emeu/mer/prices.html.

Sources: * Monthly Data: U.S. Department of Labor, Bureau of Labor

Statistics, Consumer Prices: Energy. * Annual Data: 1973–Platt’s

Oil Price Handbook and Oilmanac, 1974, 51st Edition. 1974

forward–calculated by the Energy Information Administration as

the simple averages of monthly data.

Table 9.5 Refiner Prices of Residual Fuel Oil

(Cents per Gallon, Excluding Taxes)

Residual

Fuel Oil

Sulfur

Residual Fuel Oil Content

Sulfur Content Less Greater

Than or Equal to Than 1

1 Percent Percent

Sales for Sales to Sales for

Resale End Users Resale

1978 Average 29.3 31.4 24.5

1979 Average 45.0 46.8 36.6

1980 Average 60.8 67.5 47.9

1981 Average 74.8 82.9 62.2

1982 Average 69.5 74.7 57.2

1983 Average 64.3 69.5 59.1

1984 Average 68.5 72.0 63.9

1985 Average 61.0 64.4 56.0

1986 Average 32.8 37.2 28.9

1987 Average 41.2 44.7 36.2

1988 Average 33.3 37.2 27.1

1989 Average 40.7 43.6 33.1

1990 Average 47.2 50.5 37.2

1991 Average 36.4 40.2 29.2

1992 Average 35.1 38.9 28.6

1993 Average 33.7 39.7 25.6

1994 Average 34.5 40.1 28.7

1995 Average 38.3 43.6 33.8

1996 Average 45.6 52.6 38.9

1997 Average 41.5 48.8 36.6

1998 Average 29.9 35.4 26.9

1999 Average 38.2 40.5 32.9

2000 Average 62.7 70.8 51.2

2001 January 64.6 74.0 48.5

February 62.5 69.7 49.5

March 57.6 66.6 47.8

April 57.5 64.0 41.8

May 58.4 63.9 44.2

June 53.0 64.1 42.4

July 50.0 63.2 42.2

August 50.4 59.7 41.3

September 51.2 62.2 44.9

October 44.8 59.2 40.0

November 40.5 52.3 31.9

December 40.0 51.2 30.7

Average 52.3 64.2 42.8

2002 January 40.4 51.8 33.7

February 37.1 52.2 33.7

March 46.0 53.5 40.5

April 53.8 59.4 48.0

May 56.3 63.5 52.1

June 53.5 61.4 53.3

July 55.7 63.2 50.9

August 60.6 67.4 55.8

September 60.1 67.8 56.8

October 65.1 72.7 54.5

November 59.1 73.6 58.2

December 67.6 73.9 59.7

Average 54.6 64.0 50.8

2003 January 79.5 86.1 NA

February 93.9 95.6 74.8

March 88.1 97.4 62.5

April 60.0 78.1 52.2

May 62.6 74.9 53.9

June 62.4 71.9 54.5

July (R) 65.0 (R) 74.5 58.4

August 67.0 75.4 60.5

Residual

Fuel Oil

Sulfur

Content

Greater

Than 1

Percent Average

Sales to Sales for Sales to

End Users Resale End Users

1978 Average 27.5 26.3 29.8

1979 Average 38.9 39.9 43.6

1980 Average 52.3 52.8 60.7

1981 Average 67.3 66.3 75.6

1982 Average 61.1 61.2 67.6

1983 Average 61.1 60.9 65.1

1984 Average 65.9 65.4 68.7

1985 Average 58.2 57.7 61.0

1986 Average 31.7 30.5 34.3

1987 Average 39.6 38.5 42.3

1988 Average 30.0 30.0 33.4

1989 Average 34.4 36.0 38.5

1990 Average 40.0 41.3 44.4

1991 Average 30.6 31.4 34.0

1992 Average 31.2 30.8 33.6

1993 Average 30.3 29.3 33.7

1994 Average 33.0 31.7 35.2

1995 Average 37.7 36.3 39.2

1996 Average 43.3 42.0 45.5

1997 Average 40.3 38.7 42.3

1998 Average 28.7 28.0 30.5

1999 Average 36.2 35.4 37.4

2000 Average 56.6 56.6 60.2

2001 January 55.9 56.4 61.5

February 55.1 55.9 59.5

March 52.9 51.8 57.1

April 48.9 48.3 53.0

May 50.2 50.3 53.5

June 49.0 47.9 52.4

July 47.2 46.3 51.5

August 48.0 45.7 51.0

September 51.2 48.9 53.3

October 46.6 42.4 49.2

November 40.2 36.9 42.8

December 39.6 36.3 42.0

Average 49.2 47.6 53.1

2002 January 41.6 38.2 44.4

February 40.9 35.9 43.3

March 48.3 43.7 49.7

April 55.0 51.2 56.0

May 56.6 54.5 58.1

June 57.2 53.4 58.2

July 56.8 53.7 58.6

August 59.2 58.4 61.4

September 62.6 58.7 63.8

October 63.7 60.7 65.8

November 54.8 58.7 60.1

December 56.6 64.1 62.0

Average 54.4 53.0 56.9

2003 January 70.9 72.2 75.4

February 77.0 85.8 83.8

March 72.3 77.2 81.3

April 59.4 56.6 64.5

May 58.8 57.7 61.9

June 60.0 57.6 63.9

July (R) 67.7 (R) 61.3 (R) 70.1

August 67.4 63.3 70.0

(R)=Revised.

NA=Not available.

Notes: * Sales for resale are those made to purchasers other than

ultimate consumers. Sales to end users are those made directly to

ultimate consumers, including bulk consumers (such as agriculture,

industry, and electric utilities) and commercial consumers. * Values

for the current month are preliminary. * Prices prior to 1983 are

Energy Information Administration (EIA) estimates. See Note 6 at end

of section. * Geographic coverage is the 50 States and the District

of Columbia.

Web Page: http://www.eia.doe.gov/emeu/mer/prices.html.

Source: EIA, Petroleum Marketing Monthly, November 2003, Table 19.

Table 9.6 Refiner Prices of Petroleum Products for Resale

(Cents per Gallon, Excluding Taxes)

Finished

Motor Finished Kerosene-

Gasoline Aviation Type

(a) Gasoline Jet Fuel Kerosene

1978 Average 43.4 53.7 38.6 40.4

1979 Average 63.7 72.1 66.0 62.4

1980 Average 94.1 112.8 86.8 86.4

1981 Average 106.4 125.0 101.2 106.6

1982 Average 97.3 122.8 95.3 101.8

1983 Average 88.2 117.8 85.4 89.2

1984 Average 83.2 116.5 83.0 91.6

1985 Average 83.5 113.0 79.4 87.4

1986 Average 53.1 91.2 49.5 60.6

1987 Average 58.9 85.9 53.8 59.2

1988 Average 57.7 85.0 49.5 54.9

1989 Average 65.4 95.0 58.3 66.9

1990 Average 78.6 106.3 77.3 83.9

1991 Average 69.9 100.1 65.0 72.2

1992 Average 67.7 99.1 60.5 63.2

1993 Average 62.6 96.5 57.7 60.4

1994 Average 59.9 93.3 53.4 61.8

1995 Average 62.6 97.5 53.9 58.0

1996 Average 71.3 105.5 64.6 71.4

1997 Average 70.0 106.5 61.3 65.3

1998 Average 52.6 91.2 45.0 46.5

1999 Average 64.5 100.7 53.3 55.0

2000 Average 96.3 133.0 88.0 96.9

2001 January 94.1 131.0 88.3 106.4

February 93.8 132.0 87.1 93.4

March 91.0 129.3 80.5 83.6

April 106.3 140.5 79.6 83.0

May 115.3 147.0 83.5 86.6

June 98.5 135.0 82.7 82.6

July 84.0 120.9 75.7 74.7

August 90.6 125.9 77.4 81.3

September 94.1 132.0 80.2 80.1

October 74.0 109.7 67.8 73.1

November 63.4 100.5 61.9 63.5

December 58.3 94.9 55.3 58.6

Average 88.6 125.6 76.3 82.1

2002 January 61.2 97.5 57.2 61.9

February 62.8 99.8 57.1 61.1

March 78.4 105.1 63.9 69.8

April 87.1 118.9 69.1 70.5

May 85.9 114.4 69.6 71.1

June 85.6 116.7 67.8 69.4

July 87.8 118.9 71.4 73.2

August 87.4 115.5 73.8 76.4

September 88.9 119.2 81.5 85.5

October 93.0 123.7 84.5 88.5

November 85.0 116.1 75.1 81.3

December 85.9 113.2 79.9 87.9

Average 82.8 114.6 71.6 75.2

2003 January 94.6 124.9 89.5 97.8

February 110.0 130.2 102.8 118.6

March 112.6 135.8 101.7 110.3

April 99.7 126.8 82.6 86.1

May 93.8 121.7 75.1 74.5

June 95.6 NA 77.0 77.5

July (R) 98.1 (R) 129.1 (R) 81.4 82.8

August 110.2 140.3 86.5 88.2

No. 2 No. 2 Propane

Fuel Diesel (Consumer

Oil Fuel (Grade)

1978 Average 36.9 36.5 23.7

1979 Average 56.9 57.4 29.1

1980 Average 80.3 80.1 41.5

1981 Average 97.6 97.2 46.6

1982 Average 91.4 91.4 42.7

1983 Average 81.5 80.8 48.4

1984 Average 82.1 80.3 45.0

1985 Average 77.6 77.2 39.8

1986 Average 48.6 45.2 29.0

1987 Average 52.7 53.4 25.2

1988 Average 47.3 47.3 24.0

1989 Average 56.5 56.7 24.7

1990 Average 69.7 69.4 38.6

1991 Average 62.2 61.5 34.9

1992 Average 57.9 59.1 32.8

1993 Average 54.4 57.0 35.1

1994 Average 50.6 52.9 32.4

1995 Average 51.1 53.8 34.4

1996 Average 63.9 65.9 46.1

1997 Average 59.0 60.6 41.6

1998 Average 42.2 44.4 28.8

1999 Average 49.3 54.6 34.2

2000 Average 88.6 89.8 59.5

2001 January 90.0 90.6 86.4

February 82.4 85.9 66.9

March 76.2 78.1 60.1

April 79.1 82.6 58.5

May 82.3 89.9 56.2

June 79.0 85.4 48.7

July 72.7 75.6 43.5

August 76.6 80.9 45.3

September 78.7 84.2 46.4

October 68.2 71.3 46.0

November 60.6 61.5 41.6

December 56.6 54.7 38.1

Average 75.6 78.4 54.0

2002 January 57.6 54.6 37.4

February 57.8 56.7 36.4

March 64.5 66.6 39.7

April 68.3 70.9 41.6

May 68.4 70.6 40.8

June 66.0 68.2 37.9

July 68.9 71.0 37.5

August 71.3 75.7 41.5

September 78.3 83.4 47.1

October 79.6 85.7 48.9

November 74.8 78.7 49.4

December 80.8 82.0 53.3

Average 69.4 72.4 43.1

2003 January 89.5 89.2 60.5

February 107.8 108.1 72.8

March 104.5 102.1 69.1

April 82.4 86.7 53.9

May 75.5 79.3 54.3

June 76.8 81.1 57.5

July 78.9 83.8 (R) 55.9

August 83.5 89.0 58.5

(a) See Note 5 at end of section.

(R)=Revised. NA=Not available.

Notes: * Sales for resale are those made to purchasers other than

ultimate consumers. Sales to end users are shown in Table 9.7; they

are sales made directly to ultimate consumers, including bulk consumers

(such as agriculture, industry, and electric utilities) and residential

and commercial consumers. * Values for the current month are

preliminary. * Prices prior to 1983 are Energy Information

Administration (EIA) estimates. See Note 6 at end of section.

* Geographic coverage is the 50 States and the District of Columbia.

Web Page: http://www.eia.doe.gov/emeu/mer/prices.html.

Source: EIA, Petroleum Marketing Monthly, November 2003, Table 4.

Table 9.7 Refiner Prices of Petroleum Products to End Users

(Cents per Gallon, Excluding Taxes)

Finished Finished Kerosene-

Motor Aviation Type

Gasoline (a) Gasoline Jet Fuel Kerosene

1978 Average 48.4 51.6 38.7 42.1

1979 Average 71.3 68.9 54.7 58.5

1980 Average 103.5 108.4 86.8 90.2

1981 Average 114.7 130.3 102.4 112.3

1982 Average 106.0 131.2 96.3 108.9

1983 Average 95.4 125.5 87.8 96.1

1984 Average 90.7 123.4 84.2 103.6

1985 Average 91.2 120.1 79.6 103.0

1986 Average 62.4 101.1 52.9 79.0

1987 Average 66.9 90.7 54.3 77.0

1988 Average 67.3 89.1 51.3 73.8

1989 Average 75.6 99.5 59.2 70.9

1990 Average 88.3 112.0 76.6 92.3

1991 Average 79.7 104.7 65.2 83.8

1992 Average 78.7 102.7 61.0 78.8

1993 Average 75.9 99.0 58.0 75.4

1994 Average 73.8 95.7 53.4 66.0

1995 Average 76.5 100.5 54.0 58.9

1996 Average 84.7 111.6 65.1 74.0

1997 Average 83.9 112.8 61.3 74.5

1998 Average 67.3 97.5 45.2 50.1

1999 Average 78.1 105.9 54.3 60.5

2000 Average 110.6 130.6 89.9 112.3

2001 January 106.8 128.5 88.3 126.0

February 106.7 129.2 87.0 122.1

March 103.9 124.5 81.1 112.8

April 117.7 134.9 80.2 100.6

May 130.1 150.9 84.0 94.1

June 120.7 145.1 83.6 93.8

July 103.2 134.6 76.8 83.4

August 102.5 136.3 77.8 84.2

September 109.2 142.4 82.4 94.9

October 89.9 125.3 67.5 94.2

November 76.9 119.4 62.5 100.9

December 68.5 115.8 55.6 98.1

Average 103.2 132.3 77.5 104.5

2002 January 70.6 111.8 58.2 98.0

February 71.8 110.6 58.5 99.6

March 87.2 122.6 64.4 101.3

April 100.4 129.8 70.1 87.3

May 99.9 128.9 70.9 91.5

June 99.1 127.3 68.8 83.6

July 100.3 139.2 72.2 80.7

August 100.1 136.9 75.3 79.8

September 100.1 139.1 82.8 99.1

October 104.0 143.0 84.7 111.1

November 101.2 141.8 76.7 104.4

December 98.1 139.8 81.1 115.2

Average 94.7 128.8 72.1 99.0

2003 January 106.0 139.7 91.5 121.0

February 122.1 W 101.8 137.4

March 130.0 W 104.4 138.7

April 120.1 W 82.2 127.9

May 110.0 139.8 75.8 NA

June 109.3 145.1 76.8 90.8

July (R) 110.6 (R) 151.9 81.8 (R) 89.8

August 123.1 162.2 87.3 100.7

No. 2 No. 2 Propane

Fuel Diesel (Consumer

Oil Fuel Grade)

1978 Average 40.0 37.7 33.5

1979 Average 51.6 58.5 35.7

1980 Average 78.8 81.8 48.2

1981 Average 91.4 99.5 56.5

1982 Average 90.5 94.2 59.2

1983 Average 91.6 82.6 70.9

1984 Average 91.6 82.3 73.7

1985 Average 84.9 78.9 71.7

1986 Average 56.0 47.8 74.5

1987 Average 58.1 55.1 70.1

1988 Average 54.4 50.0 71.4

1989 Average 58.7 58.5 61.5

1990 Average 73.4 72.5 74.5

1991 Average 66.5 64.8 73.0

1992 Average 62.7 61.9 64.3

1993 Average 60.2 60.2 67.3

1994 Average 57.2 55.4 53.0

1995 Average 56.2 56.0 49.2

1996 Average 67.3 68.1 60.5

1997 Average 63.6 64.2 55.2

1998 Average 48.2 49.4 40.5

1999 Average 55.8 58.4 45.8

2000 Average 92.7 93.5 60.3

2001 January 99.6 96.2 82.3

February 94.3 91.9 67.0

March 86.6 84.2 57.6

April 86.1 86.3 57.0

May 90.1 93.0 54.3

June 84.8 90.6 50.5

July 78.1 81.4 45.1

August 82.1 84.6 46.3

September 88.8 89.5 43.7

October 72.4 77.2 44.7

November 65.8 68.5 43.5

December 62.7 60.9 40.2

Average 82.9 84.2 50.6

2002 January 63.6 60.5 38.1

February 62.3 61.6 35.0

March 70.1 70.2 39.5

April 72.0 75.3 41.7

May 70.9 75.5 40.5

June 67.8 73.7 37.9

July 70.9 75.6 38.4

August 73.4 79.5 41.5

September 81.8 86.7 46.9

October 81.8 89.1 47.1

November 80.0 84.0 46.9

December 87.5 85.9 49.9

Average 73.7 76.2 41.9

2003 January 96.3 93.3 57.4

February 113.5 110.2 69.6

March 110.0 111.7 67.3

April 91.0 94.4 52.6

May 80.9 85.7 53.9

June 81.5 86.5 56.0

July 82.8 (R) 88.5 54.3

August 86.8 94.4 55.3

(a) See Note 5 at end of section.

(R)=Revised.

NA=Not available.

W=Value withheld to avoid disclosure of individual company data.

Notes: * Sales to end users are those made directly to ultimate

consumers, including bulk consumers (such as agriculture, industry,

and electric utilities) and residential and commercial consumers.

Sales for resale are shown in Table 9.6; they are sales made to

purchasers other than ultimate consumers. * Values for the current

month are preliminary. * Prices prior to 1983 are Energy Information

Administration (EIA) estimates. See Note 6 at end of section.

* Geographic coverage is the 50 States and the District of Columbia.

Web Page: http://www.eia.doe.gov/emeu/mer/prices.html.

Source: EIA, Petroleum Marketing Monthly, November 2003, Table 2.

Table 9.8a No. 2 Distillate Prices to Residences: Northeastern States

(Cents per Gallon, Excluding Taxes)

New

Maine Hampshire Vermont

1978 Average 48.6 50.3 50.8

1979 Average 68.8 72.5 72.5

1980 Average 96.3 100.4 101.5

1981 Average 120.4 123.7 125.4

1982 Average 115.5 117.4 120.1

1983 Average 102.8 104.1 112.9

1984 Average 103.9 108.4 111.9

1985 Average 99.7 102.4 107.7

1986 Average 74.4 75.9 86.6

1987 Average 74.7 76.5 81.1

1988 Average 77.7 78.2 82.6

1989 Average 89.4 89.3 90.5

1990 Average 98.9 102.8 107.0

1991 Average 96.0 91.6 101.9

1992 Average 87.1 85.6 92.1

1993 Average 82.6 82.8 90.4

1994 Average 81.8 79.2 87.6

1995 Average 78.7 77.9 85.3

1996 Average 97.2 94.0 96.9

1997 Average 94.2 94.2 98.7

1998 Average 78.8 78.8 87.3

1999 Average 81.3 77.0 85.4

2000 Average 129.7 128.1 125.5

2001 January 132.5 134.9 132.8

February 129.5 133.3 130.8

March 125.6 130.1 129.1

April 122.9 126.7 128.0

May 121.8 124.5 124.8

June 121.6 125.5 125.0

July 117.8 121.2 122.7

August 115.2 118.9 121.9

September 118.7 118.4 123.0

October 114.6 117.6 121.1

November 110.2 114.8 118.9

December 108.7 114.2 117.3

Average 121.7 125.6 126.1

2002 January 109.5 113.2 117.9

February 108.6 114.1 117.6

March 112.2 110.1 116.2

April 111.4 109.7 117.7

May 111.5 108.4 118.1

June 110.1 104.6 114.0

July 109.5 101.4 111.5

August 107.7 102.2 112.1

September 111.2 106.0 114.3

October 116.7 111.4 117.6

November 115.4 113.4 117.9

December 119.4 118.1 120.5

Average 112.9 111.9 117.2

2003 January 127.9 127.4 126.5

February 142.5 145.0 138.9

March 147.0 148.4 144.0

April 130.0 132.6 131.9

May 125.2 126.4 125.7

June 124.9 121.4 122.1

July 121.3 (R) 118.6 (R) 120.3

August 120.8 119.1 121.0

Rhode

Massachusetts Island Connecticut

1978 Average 48.8 50.7 50.1

1979 Average 70.9 72.8 72.0

1980 Average 97.8 101.1 98.3

1981 Average 121.3 123.8 121.7

1982 Average 117.6 120.1 118.3

1983 Average 109.1 110.5 109.1

1984 Average 111.6 111.4 112.1

1985 Average 107.0 106.7 108.0

1986 Average 82.1 82.8 89.0

1987 Average 80.6 82.5 83.4

1988 Average 82.1 83.6 85.3

1989 Average 92.6 93.9 92.9

1990 Average 108.4 108.6 109.8

1991 Average 103.0 99.9 106.2

1992 Average 92.5 91.2 94.7

1993 Average 89.7 89.3 91.9

1994 Average 87.0 88.5 89.0

1995 Average 84.4 87.4 86.4

1996 Average 97.6 98.6 98.6

1997 Average 96.0 98.9 96.3

1998 Average 81.8 86.8 83.1

1999 Average 83.6 85.8 85.2

2000 Average 127.3 125.9 129.1

2001 January 132.7 133.9 136.8

February 129.5 129.4 132.0

March 125.6 125.5 129.0

April 124.3 124.1 127.2

May 122.7 122.4 125.1

June 119.8 121.6 119.1

July 113.8 117.2 113.1

August 113.5 118.0 110.8

September 115.9 119.7 116.2

October 113.4 117.4 113.4

November 109.9 113.9 109.2

December 106.9 111.3 107.4

Average 122.1 123.6 123.9

2002 January 107.4 112.1 108.3

February 106.9 110.9 106.6

March 111.2 107.7 109.1

April 114.0 112.0 109.6

May 113.6 109.8 108.9

June 110.9 106.1 110.6

July 111.3 105.6 106.4

August 112.5 107.7 107.3

September 113.7 110.6 110.7

October 116.2 110.5 112.0

November 118.5 114.4 115.5

December 125.0 120.8 121.5

Average 114.1 112.4 111.8

2003 January 135.4 132.3 130.9

February 153.8 151.8 149.7

March 153.0 151.4 152.5

April 136.3 131.7 134.0

May 132.8 124.0 127.5

June 129.6 119.9 125.9

July (R) 126.5 117.3 (R) 120.6

August 126.7 NA 121.1

New New

York Jersey Pennsylvania

1978 Average 50.1 49.6 48.8

1979 Average 71.2 71.0 69.8

1980 Average 98.2 97.9 96.4

1981 Average 123.2 121.5 118.1

1982 Average 120.5 117.4 113.7

1983 Average 112.1 107.9 105.8

1984 Average 115.5 111.0 107.9

1985 Average 111.3 105.9 102.3

1986 Average 91.1 90.2 81.4

1987 Average 85.2 84.3 76.9

1988 Average 86.3 84.8 77.8

1989 Average 95.8 91.8 85.1

1990 Average 112.5 108.7 102.6

1991 Average 111.3 104.0 99.7

1992 Average 102.8 93.9 89.0

1993 Average 100.1 92.4 86.3

1994 Average 96.6 89.5 85.7

1995 Average 95.5 88.8 82.6

1996 Average 106.3 102.4 95.3

1997 Average 106.5 103.3 95.0

1998 Average 94.8 89.2 81.4

1999 Average 96.9 91.3 81.5

2000 Average 144.2 140.4 122.4

2001 January 147.7 146.3 133.1

February 143.5 140.6 127.9

March 139.9 133.8 121.5

April 139.6 131.8 116.8

May 137.3 130.8 111.1

June 133.2 128.7 105.7

July 126.9 123.2 101.0

August 127.2 118.3 103.6

September 129.1 120.0 104.9

October 125.9 118.0 102.6

November 123.3 114.2 101.2

December 119.8 112.2 99.7

Average 136.3 131.4 115.9

2002 January 121.5 113.8 102.9

February 119.9 113.4 100.2

March 119.0 117.0 104.6

April 120.0 121.0 106.6

May 117.6 119.6 104.3

June 115.9 116.7 102.8

July 114.2 113.4 95.2

August NA 114.7 96.1

September 116.6 120.7 101.4

October 120.1 123.6 106.6

November 125.1 127.5 111.3

December 130.1 135.4 117.5

Average 121.8 122.0 106.4

2003 January 138.7 146.5 127.5

February 156.1 167.4 147.7

March 160.0 170.9 153.7

April 141.6 146.2 131.4

May 137.1 135.6 124.0

June 130.0 133.9 NA

July (R) 128.2 (R) 128.5 (R) 105.6

August 125.3 NA 107.8

(R)=Revised.

NA=Not available.

Notes: * States are grouped in Tables 9.8a, 9.8b, and 9.8c by

geographic region of the country. * Values for the current month

are preliminary. * Prices prior to 1983 are Energy Information

Administration (EIA) estimates. See Note 6 at end of section.

Web Page: http://www.eia.doe.gov/emeu/mer/prices.html.

Source: EIA, Petroleum Marketing Monthly, November 2003, Table 18.

Table 9.8b No. 2 Distillate Prices to Residences: Selected South

Atlantic and Midwestern States

(Cents per Gallon, Excluding Taxes)

District

of

Delaware Columbia Maryland Virginia

1978 Average 47.8 50.7 49.2 49.1

1979 Average 68.2 74.2 70.1 70.4

1980 Average 95.4 102.6 97.9 98.5

1981 Average 117.3 127.4 121.4 120.5

1982 Average 111.3 124.5 117.1 117.7

1983 Average 106.0 117.0 110.3 108.7

1984 Average 109.6 118.7 113.5 110.5

1985 Average 104.6 114.3 108.8 106.3

1986 Average 85.0 93.1 91.4 86.6

1987 Average 79.3 91.8 86.6 79.5

1988 Average 80.1 91.6 87.0 80.5

1989 Average 88.2 98.6 93.8 87.0

1990 Average 105.8 107.8 111.9 110.6

1991 Average 99.7 112.2 108.4 101.1

1992 Average 92.3 105.7 100.0 92.8

1993 Average 89.9 104.5 98.1 89.3

1994 Average 89.4 100.0 95.0 85.3

1995 Average 87.0 101.0 93.6 84.4

1996 Average 98.4 117.8 106.3 95.2

1997 Average 98.4 117.4 105.7 94.8

1998 Average 85.8 102.2 90.2 85.6

1999 Average 88.4 101.1 90.7 87.0

2000 Average 127.0 W 135.1 126.9

2001 January 139.8 W 150.3 141.4

February 137.6 W 146.5 133.4

March 129.3 W 140.8 122.8

April 123.2 W 137.2 117.4

May 113.3 W 128.7 112.8

June 110.8 W 123.2 112.7

July 102.0 W 116.9 106.6

August 101.5 W 117.0 107.6

September 106.2 W 120.0 110.4

October NA W 117.7 106.9

November 110.3 W 117.1 102.4

December 108.8 W 114.3 97.8

Average 123.4 143.1 134.2 120.2

2002 January 114.2 W 115.8 101.7

February 111.0 W 115.1 99.9

March 113.0 W 117.6 102.2

April 116.2 129.2 118.9 100.7

May 106.1 NA 114.2 97.2

June 100.5 111.5 111.5 97.1

July 98.2 W 109.4 98.0

August 99.5 W 110.9 100.2

September 111.2 W 116.4 103.1

October 114.8 129.2 120.1 108.7

November 119.8 W 124.7 111.1

December 129.1 W 131.3 120.2

Average 116.4 W 120.1 105.7

2003 January 138.4 W 141.4 130.5

February 161.7 W 159.9 146.4

March 167.5 W 166.8 142.5

April 142.3 NA 146.4 126.4

May 129.8 NA 136.7 117.4

June 125.8 127.6 129.4 119.1

July (R) 119.1 124.3 (R) 124.4 117.5

August 117.1 W 124.7 118.9

West

Virginia Ohio Michigan Indiana

1978 Average 46.2 47.4 47.9 48.5

1979 Average 65.1 68.6 70.9 72.7

1980 Average 92.2 91.9 97.8 99.6

1981 Average 115.0 113.2 118.3 118.5

1982 Average 109.3 110.2 113.9 114.3

1983 Average 101.0 101.3 106.4 100.7

1984 Average 102.1 102.1 105.0 103.1

1985 Average 98.0 99.7 102.1 99.1

1986 Average 74.6 77.7 81.0 74.8

1987 Average 76.4 74.7 77.5 75.4

1988 Average 74.2 74.7 77.5 75.4

1989 Average 83.0 81.6 85.3 83.2

1990 Average 99.1 98.1 100.9 99.3

1991 Average 93.4 91.0 94.2 91.8

1992 Average 86.4 83.6 87.2 81.2

1993 Average 85.6 84.0 87.2 81.0

1994 Average 80.9 81.2 86.3 81.2

1995 Average 81.5 80.8 86.0 81.6

1996 Average 96.0 92.1 97.7 91.2

1997 Average 96.2 91.3 94.2 86.5

1998 Average 81.8 76.7 80.4 74.8

1999 Average 78.9 82.0 88.3 79.3

2000 Average 125.1 122.0 NA 120.7

2001 January 137.1 131.7 NA 127.0

February 127.3 126.9 NA 123.1

March 119.1 117.4 NA 114.1

April 117.1 117.5 NA 112.3

May 113.7 120.5 NA 117.8

June 112.5 112.9 NA 109.8

July 104.5 104.7 NA 102.9

August 109.3 110.4 NA 111.7

September 112.0 119.1 136.4 118.0

October 104.3 108.4 122.1 108.3

November NA 100.8 112.0 98.2

December 95.5 95.0 108.3 93.4

Average 113.9 116.0 NA 113.3

2002 January 96.7 94.2 102.2 91.7

February 95.7 94.3 101.8 95.7

March 99.5 101.4 103.6 93.9

April 101.5 103.1 108.3 94.9

May 102.3 100.6 106.4 W

June 101.6 96.9 107.0 W

July 101.5 95.3 106.8 W

August 102.4 100.5 107.4 W

September 107.1 107.1 113.1 W

October 111.1 114.5 120.9 W

November 113.7 115.8 122.2 114.0

December 121.1 119.5 124.7 121.0

Average 105.4 105.8 110.9 102.5

2003 January 131.7 129.4 130.7 130.3

February 155.5 144.8 148.5 146.7

March 155.9 141.2 148.9 142.4

April 130.9 126.4 131.8 W

May 116.5 115.8 121.0 W

June 113.7 113.3 114.5 W

July 109.9 111.5 (R) 114.1 W

August 113.7 114.2 120.5 106.1

Illinois Wisconsin Minnesota

1978 Average 46.5 44.7 47.8

1979 Average 68.8 67.3 72.4

1980 Average 95.8 91.5 99.9

1981 Average 114.9 109.1 118.4

1982 Average 110.9 107.8 115.1

1983 Average 100.4 101.2 103.1

1984 Average 100.1 101.0 104.1

1985 Average 97.5 98.3 101.9

1986 Average NA 75.6 79.2

1987 Average 79.8 75.1 74.6

1988 Average 77.6 73.9 73.5

1989 Average 80.9 81.1 82.4

1990 Average 96.1 94.2 101.4

1991 Average 92.7 89.5 91.1

1992 Average 87.7 81.6 82.6

1993 Average 84.4 82.3 83.2

1994 Average 78.4 81.1 80.6

1995 Average 78.5 81.2 80.1

1996 Average 89.3 89.9 90.9

1997 Average 87.0 93.3 89.9

1998 Average 73.5 80.1 73.8

1999 Average 71.6 84.7 77.4

2000 Average 109.5 117.1 115.6

2001 January 122.7 128.1 124.9

February 118.9 126.6 120.4

March 115.7 120.1 114.7

April NA 119.3 118.0

May 111.3 121.9 118.7

June 105.6 117.1 114.0

July 102.2 110.6 106.4

August 111.8 117.6 115.4

September 118.3 122.1 116.3

October 109.5 112.8 105.5

November 98.2 106.1 99.9

December 91.7 96.5 91.0

Average 112.1 118.0 112.2

2002 January 87.0 97.0 91.2

February 84.4 95.9 91.6

March 85.0 100.3 94.0

April 84.7 105.3 102.0

May 83.7 106.4 102.6

June NA 101.7 101.7

July 96.6 102.0 101.9

August NA 103.3 105.2

September 101.2 112.3 111.1

October 105.6 118.0 116.6

November 111.9 120.2 114.9

December 111.0 121.5 117.0

Average 97.5 107.3 105.1

2003 January 125.0 127.1 122.0

February 134.9 137.0 136.5

March 130.1 140.5 136.7

April 115.1 125.5 120.9

May 108.1 117.5 114.5

June 105.5 115.3 115.6

July NA (R) 112.1 114.9

August 114.9 114.2 116.7

(R)=Revised.

NA=Not available.

W=Value withheld to avoid disclosure of individual company data.

Notes: * States are grouped in Tables 9.8a, 9.8b, and 9.8c by

geographic region of the country * Values for the current month

are preliminary. * Prices prior to 1983 are Energy Information

Administration (EIA) estimates. See Note 6 at end of section.

Web Page: http://www.eia.doe.gov/emeu/mer/prices.html.

Source: EIA, Petroleum Marketing Monthly, November 2003, Table 18.

Table 9.8c No. 2 Distillate Prices to Residences: Selected Western

States and U.S. Average

(Cents per Gallon, Excluding Taxes)

Idaho Washington Oregon

1978 Average 43.6 48.6 45.8

1979 Average 62.1 69.7 68.0

1980 Average 91.6 100.8 97.3

1981 Average 110.4 116.5 111.4

1982 Average 110.4 117.6 111.6

1983 Average 101.8 109.0 103.6

1984 Average 98.5 102.6 99.3

1985 Average 97.2 101.1 97.1

1986 Average 73.8 77.5 70.4

1987 Average 68.8 79.5 72.5

1988 Average 68.8 78.5 70.9

1989 Average 77.8 87.4 80.2

1990 Average 97.4 102.9 97.0

1991 Average 95.1 101.6 93.3

1992 Average 85.7 94.0 87.6

1993 Average 86.2 99.9 91.8

1994 Average 78.9 95.0 88.7

1995 Average 83.9 96.2 89.4

1996 Average 93.3 108.0 98.9

1997 Average 95.3 113.9 103.1

1998 Average 78.4 97.8 86.1

1999 Average 76.2 106.5 93.8

2000 Average 117.0 144.5 136.8

2001 January 120.8 144.0 134.3

February 114.0 145.4 134.4

March 109.4 141.9 129.7

April 110.1 141.8 130.3

May 114.0 144.6 133.8

June 111.9 141.3 130.0

July 100.3 122.7 115.4

August 101.2 119.0 116.8

September 107.7 127.9 120.6

October 100.2 NA 111.0

November 90.2 118.1 103.6

December 75.8 110.2 95.0

Average 103.8 133.6 121.1

2002 January 74.7 108.9 93.7

February 74.5 108.2 94.4

March 82.2 117.0 104.3

April 92.6 124.1 108.0

May 90.0 124.9 107.5

June 89.0 122.4 103.9

July 88.0 117.7 NA

August 89.9 117.0 107.6

September 96.6 124.2 115.5

October 103.4 128.5 118.5

November 103.5 131.2 119.3

December 103.0 131.2 118.0

Average 91.9 120.4 106.0

2003 January 107.2 137.1 124.5

February 126.5 156.1 144.6

March 133.9 179.5 158.8

April 121.0 154.8 131.2

May 111.3 143.0 121.6

June NA 143.3 126.6

July (R) 118.6 (R) 139.1 (R) 132.4

August 121.9 143.7 133.5

U.S.

Alaska Average

1978 Average 53.2 49.0

1979 Average 68.2 70.4

1980 Average 97.8 97.4

1981 Average 118.0 119.4

1982 Average 117.4 116.0

1983 Average 108.8 107.8

1984 Average 106.9 109.1

1985 Average 108.3 105.3

1986 Average 94.9 83.6

1987 Average 86.5 80.3

1988 Average 86.9 81.3

1989 Average 96.4 90.0

1990 Average 110.1 106.3

1991 Average 105.0 101.9

1992 Average 94.1 93.4

1993 Average 96.1 91.1

1994 Average 86.5 88.4

1995 Average 83.4 86.7

1996 Average 90.9 98.9

1997 Average 97.3 98.4

1998 Average 85.2 85.2

1999 Average 96.6 87.6

2000 Average 133.7 131.1

2001 January NA 138.6

February 147.5 134.3

March NA 129.4

April NA 127.3

May 145.6 124.9

June 140.6 120.3

July 131.8 113.6

August 124.6 114.3

September NA 117.5

October 131.1 114.2

November 125.7 111.0

December 119.9 108.0

Average 137.7 125.0

2002 January 114.0 109.7

February 114.5 108.4

March 110.4 110.0

April 111.8 111.6

May 104.6 109.3

June 106.0 105.7

July 102.7 102.9

August 105.8 103.8

September 110.0 109.9

October 110.5 114.8

November 113.0 118.0

December 113.9 123.8

Average 108.7 112.9

2003 January 116.7 133.3

February 121.1 150.7

March 137.4 153.9

April 131.1 134.6

May 123.5 126.7

June 128.2 122.0

July (R) 124.5 (R) 116.4

August 127.2 117.5

(R)=Revised.

NA=Not available.

Notes: * States are grouped in Tables 9.8a, 9.8b, and 9.8c by

geographic region of the country. * Values for the current month

are preliminary. * Prices prior to 1983 are Energy Information

Administration (EIA) estimates. See Note 6 at end of section.

Web Page: http://www.eia.doe.gov/emeu/mer/prices.html.

Source: EIA, Petroleum Marketing Monthly, November 2003, Table 18.

[FIGURES 9.2-9.3 OMITTED]

Table 9.9 Average Retail Prices of Electricity

(Cents per Kilowatthour, Excluding Taxes)

Residential Commercial Industrial

1973 Average 2.5 2.4 1.3

1974 Average 3.1 3.0 1.7

1975 Average 3.5 3.5 2.1

1976 Average 3.7 3.7 2.2

1977 Average 4.1 4.1 2.5

1978 Average 4.3 4.4 2.8

1979 Average 4.6 4.7 3.1

1980 Average 5.4 5.5 3.7

1981 Average 6.2 6.3 4.3

1982 Average 6.9 6.9 5.0

1983 Average 7.2 7.0 5.0

1984 Average 7.15 7.13 4.83

1985 Average 7.39 7.27 4.97

1986 Average 7.42 7.20 4.93

1987 Average 7.45 7.08 4.77

1988 Average 7.48 7.04 4.70

1989 Average 7.65 7.20 4.72

1990 Average 7.83 7.34 4.74

1991 Average 8.04 7.53 4.83

1992 Average 8.21 7.66 4.83

1993 Average 8.32 7.74 4.85

1994 Average 8.38 7.73 4.77

1995 Average 8.40 7.69 4.66

1996 Average 8.36 7.64 4.60

1997 Average 8.43 7.59 4.53

1998 Average 8.26 7.41 4.48

1999 Average 8.16 7.26 4.43

2000 Average 8.24 7.43 4.64

2001 January 7.78 7.36 4.99

February 8.09 7.54 4.83

March 8.35 7.70 4.87

April 8.52 7.73 4.87

May 8.87 7.74 4.99

June 9.08 8.10 5.18

July 9.06 8.39 5.48

August 9.02 8.35 5.40

September 8.94 8.23 5.25

October 8.91 8.30 5.01

November 8.53 7.76 4.75

December 8.35 7.68 4.78

Average 8.62 7.93 5.04

2002 January 8.08 7.47 4.73

February 8.18 7.69 4.77

March 8.16 7.72 4.78

April 8.37 7.64 4.71

May 8.64 7.80 4.73

June 8.71 8.08 4.94

July 8.80 8.29 5.13

August 8.75 8.23 5.05

September 8.65 8.07 4.89

October 8.50 8.07 4.84

November 8.33 7.68 4.68

December 8.09 7.64 4.68

Average 8.45 7.89 4.83

2003 January 7.98 7.77 4.67

February 8.00 7.76 4.82

March 8.31 7.84 4.89

April 8.82 8.03 4.86

May 9.00 8.15 4.92

June 9.21 8.52 5.07

July 9.15 8.60 5.28

7-Month Average 8.62 8.12 4.94

2002 7-Month Average 8.43 7.83 4.83

2001 7-Month Average 8.51 7.81 5.03

Other (a) Total

1973 Average 2.1 2.0

1974 Average 2.8 2.5

1975 Average 3.1 2.9

1976 Average 3.3 3.1

1977 Average 3.5 3.4

1978 Average 3.6 3.7

1979 Average 4.0 4.0

1980 Average 4.8 4.7

1981 Average 5.3 5.5

1982 Average 5.9 6.1

1983 Average 6.4 6.3

1984 Average 5.90 6.25

1985 Average 6.09 6.44

1986 Average 6.11 6.44

1987 Average 6.21 6.37

1988 Average 6.20 6.35

1989 Average 6.25 6.45

1990 Average 6.40 6.57

1991 Average 6.51 6.75

1992 Average 6.74 6.82

1993 Average 6.88 6.93

1994 Average 6.84 6.91

1995 Average 6.88 6.89

1996 Average 6.91 6.86

1997 Average 6.91 6.85

1998 Average 6.63 6.74

1999 Average 6.35 6.64

2000 Average 6.56 6.81

2001 January 6.63 6.90

February 6.91 6.93

March 6.95 7.05

April 6.98 7.06

May 7.09 7.20

June 7.08 7.56

July 7.23 7.86

August 7.18 7.82

September 6.92 7.62

October 7.31 7.46

November 7.04 7.05

December 7.00 7.08

Average 7.03 7.32

2002 January 6.63 6.96

February 6.81 6.99

March 6.84 6.98

April 6.91 6.95

May 6.84 7.09

June 6.88 7.39

July 6.71 7.62

August 6.62 7.56

September 6.61 7.36

October 6.80 7.20

November 6.76 6.95

December 7.00 6.97

Average 6.78 7.19

2003 January 6.68 7.02

February 6.90 7.02

March 7.19 7.14

April 7.20 7.27

May 7.17 7.40

June 7.15 7.71

July 6.98 7.91

7-Month Average 7.04 7.37

2002 7-Month Average 6.80 7.16

2001 7-Month Average 6.99 7.24

(a) Public street and highway lighting, other sales to

public authorities, sales to railroads and railways, and

interdepartmental sales.

Notes: * Prices are calculated by dividing revenue by sales. Revenue

may not correspond to sales for a particular month because of energy

service provider billing and accounting procedures. That lack of

correspondence could result in uncharacteristic increases or

decreases in the monthly prices. See Note 7 at end of section.

* Geographic coverage is the 50 States and the District of Columbia.

Web Page: http://www.eia.doe.gov/emeu/mer/prices.html.

Sources: * 1973-September 1977: Federal Power Commission, Form

FPC-5, “Monthly Statement of Electric Operating Revenues and

Income.” * October 1977-February 1980: Federal Energy Regulatory

Commission (FERC), Form FPC-5, “Monthly Statement of Electric

Operating Revenues and Income.” * March 1980-1982: FERC, Form

FERC-5, “Electric Utility Company Monthly Statement.” * 1983:

Energy Information Administration (EIA), Form EIA-826, “Electric

Utility Company Monthly Statement.” * 1984-1989: EIA, Form EIA-861,

“Annual Electric Utility Report.” * 1990 forward: EIA, Electric

Power Monthly, October 2003, Table 5.3.

Table 9.10 Cost of Fossil-Fuel Receipts at Electric Generating Plants

(Cents per Million Btu)

Petroleum

Residual All

Fuel Natural Fossil

Coal Oil (a) Total (b) Gas (c) Fuels

1973 Average 40.5 78.5 80.0 33.8 47.6

1974 Average 70.9 189.0 191.0 48.2 91.4

1975 Average 81.4 200.5 202.3 75.2 104.4

1976 Average 84.8 195.2 199.0 103.4 111.9

1977 Average 94.7 219.8 224.9 129.1 129.7

1978 Average 111.6 212.5 219.1 142.2 141.1

1979 Average 122.4 298.8 307.2 174.9 163.9

1980 Average 135.1 426.7 435.1 219.9 192.8

1981 Average 153.2 533.4 542.5 280.5 225.6

1982 Average 164.7 483.2 492.2 337.6 224.9

1983 Average 165.6 457.8 462.8 347.4 220.6

1984 Average 166.4 481.2 486.3 360.3 219.1

1985 Average 164.8 424.4 431.7 344.4 209.4

1986 Average 157.9 240.1 243.7 235.1 175.0

1987 Average 150.6 297.6 301.1 224.0 170.6

1988 Average 146.6 240.5 243.9 226.3 164.3

1989 Average 144.5 284.6 289.3 235.5 167.5

1990 Average 145.5 331.9 335.3 232.1 168.8

1991 Average 144.7 246.5 252.7 215.3 160.2

1992 Average 141.2 247.5 251.4 232.8 158.9

1993 Average 138.5 236.2 237.3 256.0 159.4

1994 Average 135.5 240.9 242.3 223.0 152.5

1995 Average 131.8 258.6 256.6 198.4 145.2

1996 Average 128.9 303.4 302.6 264.1 151.8

1997 Average 127.3 278.8 273.0 276.0 152.0

1998 Average 125.2 207.9 202.1 238.1 143.5

1999 Average 121.6 243.6 235.9 257.4 143.8

2000 Average 120.0 429.4 417.9 430.2 173.5

2001 January 122.3 422.3 457.7 920.7 214.1

February 123.9 442.6 441.4 694.7 189.1

March 122.6 402.4 401.1 573.8 178.3

April 123.9 388.4 388.6 563.7 191.9

May 124.5 376.7 378.6 514.2 186.3

June 124.8 380.1 369.7 425.1 178.3

July 122.5 359.7 349.2 374.3 176.4

August 123.3 347.7 331.2 355.8 169.6

September 123.4 341.3 316.0 295.5 156.4

October 121.0 309.0 287.5 271.5 142.2

November 123.7 280.0 268.8 324.1 145.1

December 122.0 274.5 256.1 307.6 141.7

Average 123.2 372.6 369.3 448.7 173.0

2002 January (d) 126.2 278.7 254.1 299.9 162.8

February 128.2 273.0 244.9 272.9 158.6

March 125.3 311.3 271.6 319.0 170.6

April 125.5 350.4 316.6 364.1 185.7

May 126.0 365.0 335.1 366.4 187.7

June 126.3 368.0 335.5 347.7 190.6

July 124.8 362.6 328.7 338.0 193.0

August 127.3 393.5 350.0 330.3 192.2

September 125.7 388.0 342.1 359.3 188.6

October 122.2 423.7 377.3 404.0 185.1

November 125.1 422.6 396.4 424.8 188.0

December 122.0 424.3 389.4 454.1 198.7

Average 125.3 372.7 336.3 354.7 183.8

2003 January 125.3 479.0 437.4 522.8 209.0

February 127.6 491.4 489.5 614.2 237.6

March 128.6 547.6 546.2 706.9 261.0

April 131.1 466.4 434.4 519.8 218.2

May 127.9 533.5 473.7 547.7 226.8

June 127.6 444.5 426.8 580.8 229.9

6-Month Average 128.0 500.3 476.7 581.3 230.5

2002 6-Month Average 126.3 334.0 300.8 330.5 175.9

2001 6-Month Average 123.7 401.7 409.2 589.1 189.8

(a) For 1973-2001, electric utility data are for heavy oil (fuel oil

nos. 5 and 6, and small amounts of fuel oil no. 4).

(b) Distillate fuel oil, residual fuel oil, petroleum coke, jet fuel,

kerosene, other petroleum, and waste oil. For 1973-1982, data do not

include refined motor oil, bunker oil, and liquefied petroleum gas.

For 1973-1989, data do not include petroleum coke.

(c) Natural gas, including a small amount of supplemental

gaseous fuels.

(d) Through 2001, data are for electric utilities only. Beginning in

2002, data also include independent power producers, and electric

generating plants in the commercial and industrial sectors. See

Note 8 at end of section for plant coverage.

Notes: * Receipts are purchases of fuel. * Yearly costs are averages

of monthly values, weighted by quantities in Btu. * Geographic

coverage is the 50 States and the District of Columbia.

Web Page: http://www.eia.doe.gov/emeu/mer/prices.html.

Sources: See end of section.

[FIGURE 9.4 OMITTED]

Table 9.11 Natural Gas Prices

(Dollars per Thousand Cubic Feet)

Consuming Sectors (a)

Residential

City

Wellhead Gate Percentage

Price Price Price (e) of Sector (f)

1973 Average 0.22 NA 1.29 NA

1974 Average .30 NA 1.43 NA

1975 Average .44 NA 1.71 NA

1976 Average .58 NA 1.98 NA

1977 Average .79 NA 2.35 NA

1978 Average .91 NA 2.56 NA

1979 Average 1.18 NA 2.98 NA

1980 Average 1.59 NA 3.68 NA

1981 Average 1.98 NA 4.29 NA

1982 Average 2.46 NA 5.17 NA

1983 Average 2.59 NA 6.06 NA

1984 Average 2.66 3.95 6.12 NA

1985 Average 2.51 3.75 6.12 NA

1986 Average 1.94 3.22 5.83 NA

1987 Average 1.67 2.87 5.54 NA

1988 Average 1.69 2.92 5.47 NA

1989 Average 1.69 3.01 5.64 99.9

1990 Average 1.71 3.03 5.80 99.3

1991 Average 1.64 2.90 5.82 99.2

1992 Average 1.74 3.01 5.89 99.1

1993 Average 2.04 3.21 6.16 99.1

1994 Average 1.85 3.07 6.41 99.1

1995 Average 1.55 2.78 6.06 99.1

1996 Average 2.17 3.34 6.34 99.1

1997 Average 2.32 3.66 6.94 98.8

1998 Average 1.96 3.07 6.82 97.7

1999 Average 2.19 3.10 6.69 95.2

2000 Average 3.69 4.62 7.76 92.6

2001 January 6.82 8.91 10.12 NA

February 5.08 7.08 10.26 NA

March 4.37 6.10 9.85 NA

April 4.52 6.30 10.16 NA

May 4.36 5.77 11.14 NA

June 3.80 5.38 11.59 NA

July 3.36 4.03 11.22 NA

August 3.34 4.32 10.89 NA

September 2.94 3.66 10.17 NA

October 2.81 3.37 8.24 NA

November 3.42 4.02 7.98 NA

December 3.44 3.90 7.30 NA

Average 4.02 5.72 9.64 92.3

2002 January (E) 2.35 4.04 (R) 7.35 NA

February (E) 2.14 3.77 (R) 7.23 NA

March (E) 2.52 3.85 (R) 7.10 NA

April (E) 3.02 4.17 (R) 7.68 NA

May (E) 3.01 4.07 (R) 8.55 NA

June (E) 2.94 4.14 (R) 9.59 NA

July (E) 2.89 3.92 (R) 10.17 NA

August (E) 2.77 (R) 3.63 (R) 10.42 NA

September (E) 2.98 3.96 10.19 NA

October (E) 3.35 4.29 8.56 NA

November (E) 3.59 4.62 (R) 7.93 NA

December (E) 3.84 4.69 7.80 NA

Average (E) 2.95 4.14 (R) 7.87 NA

2003 January (E) 4.47 5.26 8.07 NA

February (E) 5.45 (R) 5.87 8.42 NA

March (E) 6.69 (R) 7.58 9.71 NA

April (E) 4.71 (R) 5.60 (R) 10.03 NA

May (E) 4.97 5.66 10.55 NA

June (E) 5.35 6.39 11.78 NA

6-Month Average (E) 5.27 6.00 9.11 NA

2002 6-Month Average (E) 2.66 3.97 7.53 NA

2001 6-Month Average 4.83 7.01 10.24 NA

Consuming Sectors (a)

Indus-

Commercial (b) trial (c)

Percentage

Price (e) of Sector (f) Price (e)

1973 Average 0.94 NA 0.50

1974 Average 1.07 NA .67

1975 Average 1.35 NA .96

1976 Average 1.64 NA 1.24

1977 Average 2.04 NA 1.50

1978 Average 2.23 NA 1.70

1979 Average 2.73 NA 1.99

1980 Average 3.39 NA 2.56

1981 Average 4.00 NA 3.14

1982 Average 4.82 NA 3.87

1983 Average 5.59 NA 4.18

1984 Average 5.55 NA 4.22

1985 Average 5.50 NA 3.95

1986 Average 5.08 NA 3.23

1987 Average 4.77 93.1 2.94

1988 Average 4.63 90.7 2.95

1989 Average 4.74 89.1 2.96

1990 Average 4.83 86.6 2.93

1991 Average 4.81 85.1 2.69

1992 Average 4.88 83.2 2.84

1993 Average 5.22 83.9 3.07

1994 Average 5.44 79.3 3.05

1995 Average 5.05 76.7 2.71

1996 Average 5.40 77.6 3.42

1997 Average 5.80 70.8 3.59

1998 Average 5.48 67.0 3.14

1999 Average 5.33 66.1 3.12

2000 Average 6.59 62.9 4.45

2001 January 9.50 72.7 8.77

February 9.80 71.6 7.24

March 9.13 69.0 6.35

April 9.01 66.3 6.16

May 9.19 60.7 5.49

June 8.50 59.3 4.80

July 7.90 54.2 4.13

August 7.61 53.6 4.01

September 6.96 53.8 3.56

October 6.39 59.9 3.23

November 6.79 64.8 3.92

December 6.35 67.9 3.75

Average 8.43 65.8 5.28

2002 January (R) 6.49 (R) 79.0 (R) 4.09

February (R) 6.44 79.5 3.72

March 6.26 79.3 3.80

April 6.55 (R) 75.7 3.62

May 6.63 (R) 72.8 4.02

June (R) 6.60 (R) 73.3 (R) 3.82

July 6.52 (R) 71.6 3.78

August 6.38 70.0 3.64

September 6.44 68.9 3.87

October 6.51 73.0 4.15

November 6.75 79.0 4.67

December 7.07 79.4 4.87

Average 6.57 76.6 4.00

2003 January (R) 7.31 (R) 81.7 5.31

February (R) 7.82 79.1 6.17

March (R) 8.95 79.8 (R) 8.05

April 8.73 (R) 75.9 5.88

May 8.72 73.0 5.60

June 8.86 71.8 6.38

6-Month Average 8.18 78.4 6.22

2002 6-Month Average 6.46 77.6 3.84

2001 6-Month Average 9.34 68.8 6.66

Consuming Sectors (a)

Indus-

trial (c) Electric Power (d)

Percentage Percentage

of Sector (f) Price of Sector (f)

1973 Average NA 0.38 92.1

1974 Average NA .51 92.7

1975 Average NA .77 96.1

1976 Average NA 1.06 96.2

1977 Average NA 1.32 97.1

1978 Average NA 1.48 98.0

1979 Average NA 1.81 96.1

1980 Average NA 2.27 96.9

1981 Average NA 2.89 97.6

1982 Average 85.1 3.48 92.6

1983 Average 80.7 3.58 93.9

1984 Average 74.7 3.70 94.4

1985 Average 68.8 3.55 94.0

1986 Average 59.8 2.43 91.7

1987 Average 47.4 2.32 91.6

1988 Average 42.6 2.33 89.6

1989 Average 36.9 2.43 88.6

1990 Average 35.2 2.38 89.2

1991 Average 32.7 2.18 93.2

1992 Average 30.3 2.36 93.2

1993 Average 29.7 2.61 93.4

1994 Average 25.5 2.28 93.5

1995 Average 24.5 2.02 92.0

1996 Average 19.4 2.69 92.2

1997 Average 18.1 2.78 91.0

1998 Average 16.1 2.40 82.5

1999 Average 18.8 2.62 75.3

2000 Average 19.8 4.38 64.3

2001 January 22.1 9.55 41.6

February 21.7 7.18 38.4

March 20.4 5.91 40.9

April 19.5 5.82 48.2

May 17.9 5.29 48.7

June 17.6 4.37 44.5

July 18.5 3.85 45.8

August 18.0 3.65 41.4

September 18.2 3.03 42.1

October 18.7 2.78 36.9

November 18.7 3.33 33.4

December 19.4 3.15 35.4

Average 19.3 4.61 41.9

2002 January 17.4 (d) 3.13 (d) 80.8

February 17.9 (R) 2.87 87.4

March 17.7 (R) 3.31 86.1

April 23.2 (R) 3.82 84.4

May 21.0 3.61 81.8

June (R) 22.8 (R) 3.50 78.7

July (R) 21.0 3.43 74.5

August 19.4 3.72 78.6

September 19.5 (R) 4.20 79.1

October 18.8 (R) 4.41 81.0

November 18.8 (R) 4.76 84.9

December (R) 20.2 3.70 88.2

Average (R) 19.8 3.67 81.1

2003 January (R) 22.3 5.31 83.8

February (R) 21.7 6.47 83.5

March 21.2 7.19 86.1

April (R) 21.1 5.38 89.8

May 20.5 5.71 88.5

June 20.0 5.99 83.0

6-Month Average 20.0 NA NA

2002 6-Month Average 19.9 NA NA

2001 6-Month Average 20.0 NA NA

(a) See Note 9 at end of section.

(b) Commercial sector, including commercial combined-heat-and-power

(CHP) and commercial electricity-only plants. See note at end of

Section 7.

(c) Industrial sector, including industrial combined-heat-and-power

(CHP) and industrial electricity-only plants. See note at end of

Section 7.

(d) The electric power sector comprises electricity-only and

combined-heat-and-power (CHP) plants within the NAICS 22 category

whose primary business is to sell electricity, or electricity and

heat, to the public. Through 2001, data are for electric utilities

only; beginning in 2002, data also include independent power

producers. See Note 8 at end of section for plant coverage.

(e) Includes taxes.

(f) The percentage of the sector’s consumption in Table 4.4 for

which price data are available.

(R)=Revised. NA=Not available. (E)=Estimate.

Notes: * Prices are for natural gas, including a small amount of

supplemental gaseous fuels. * Prices are intended to include all

taxes. See Note 9 at end of section. * Wellhead annual and

year-to-date prices are simple averages of the monthly prices;

all other annual and year-to-date prices are volume-weighted

averages of the monthly prices. * Geographic coverage is the

50 States and the District of Columbia.

Web Page: http://www.eia.doe.gov/emeu/mer/prices.html.

Sources: See end of section.

Energy Prices

Note 1. The average domestic first purchase price represents the average price at which all domestic crude oil is purchased. Prior to February 1976, the price represented an estimate of the average of posted prices; beginning with February 1976, the price represents an average of actual first purchase prices. The data series was previously called “Actual Domestic Wellhead Price.”

Note 2. F.O.B. literally means “Free on Board.” It denotes a transaction whereby the seller makes the product available with an agreement on a given port at a given price; it is the responsibility of the buyer to arrange for the transportation and insurance.

Note 3. The landed cost of imported crude oil from selected countries does not represent the total cost of all imported crude. Prior to April 1975, imported crude costs to U.S. company-owned refineries in the Caribbean were not included in the landed cost, and costs of crude oil from countries that export only small amounts to the United States were also excluded. Beginning in April 1975, however, coverage was expanded to include U.S. company-owned refineries in the Caribbean. Landed costs do not include supplemental fees.

Note 4. Beginning with January 1981, refiner acquisition costs of crude oil are from data collected on Energy Information Administration (EIA) Form EIA-14, “Refiners’ Monthly Cost Report.” Those costs were previously published from data collected on Economic Regulatory Administration (ERA) Form ERA-49, “Domestic Crude Oil Entitlements Program Refiners Monthly Report.” Form ERA-49 was discontinued with the decontrol of crude oil on January 28, 1981. Crude oil purchases and costs are defined for Form EIA-14 in accordance with conventions used for Form ERA49. The respondents for the two forms are also essentially the same. However, due to possible different interpretations of the filing requirements and a different method for handling prior period adjustments, care must be taken when comparing the data collected on the two forms.

The refiner acquisition cost of crude oil is the average price paid by refiners for crude oil booked into their refineries in accordance with accounting procedures generally accepted and consistently and historically applied by the refiners concerned. Domestic crude oil is that oil produced in the United States or from the outer continental shelf as defined in 43 USC Section 1331. Imported crude oil is either that oil reported on Form ERA-51, “Transfer Pricing Report,” or any crude oil that is not domestic oil. The composite cost is the weighted average of domestic and imported crude oil costs.

Crude oil costs and volumes reported on Form ERA-49 excluded unfinished oils but included the Strategic Petroleum Reserve (SPR). Crude oil costs and volumes reported on Federal Energy Administration (FEA) Form FEA-P110-M-1, “Refiners’ Monthly Cost Allocation Report,” included unfinished oils but excluded SPR. Imported averages derived from Form ERA-49 exclude oil purchased for SPR, whereas the composite averages derived from Form ERA-49 include SPR. None of the prices derived from Form EIA-14 include either unfinished oils or SPR.

Note 5. Several different series of motor gasoline prices are published in this section. U.S. city average retail prices of motor gasoline are calculated monthly by the Bureau of Labor Statistics during the development of the Consumer Price Index (CPI). These prices include all Federal, State, and local taxes paid at the time of sale. From 1974-1977, prices were collected in 56 urban areas. From 1978 forward, prices were collected from a new sample of service stations in 85 urban areas selected to represent all urban consumers-about 80 percent of the total U.S. population. The service stations are selected initially, and on a replacement basis, in such a way that they represent the purchasing habits of the CPI population. Service stations in the current sample include those providing all types of service (i.e., full-, mini-, and self-serve).

Refiner prices of finished motor gasoline for resale and to end users are determined by the EIA in a monthly survey of refiners and gas plant operators (Form EIA-782A). The prices do not include any Federal, State, or local taxes paid at the time of sale. Estimates of prices prior to January 1983 are based on Form FEA-P302-M-1/EIA-460, “Petroleum Industry Monthly Report for Product Prices,” and also exclude all Federal, State, or local taxes paid at the time of sale. Sales for resale are those made to purchasers who are other-than-ultimate consumers. Sales to end users are sales made directly to the consumer of the product, including bulk consumers (such as agriculture, industry, and utilities) and residential and commercial consumers.

Note 6. Starting in January 1983, Form EIA-782, “Monthly Petroleum Product Sales Report,” replaced 10 previous surveys. Every attempt was made to continue the most important price series. However, prices published through December 1982 and those published since January 1983 do not necessarily form continuous data series due to changes in survey forms, definitions, instructions, populations, samples, processing systems, and statistical procedures. To provide historical data, continuous series were generated for annual data 1978-1982 and for monthly data 1981 and 1982 by estimating the prices that would have been published had Form EIA-782 survey and system been in operation at that time. This form of estimation was performed after detailed adjustment was made for product and sales type matching and for discontinuity due to other factors. An important difference between the previous and present prices is the distinction between wholesale and resale and between retail and end user. The resale category continues to include sales among resellers. However, sales to bulk consumers, such as utility, industrial, and commercial accounts previously included in the wholesale category, are now counted as made to end users. The end-user category continues to include retail sales through company-owned and operated outlets but also includes sales to the bulk consumers such as agriculture, industry, and electric utilities. Additional information may be found in “Estimated Historic Time Series for the EIA-782,” a feature article reprinted from the December 1983 [3] Petroleum Marketing Monthly, published by EIA.

Note 7. Preliminary monthly data are based on submissions from over 250 publicly and privately owned electric utilities reporting on Form EIA-826, “Monthly Electric Utility Sales and Revenue Report With State Distributions.” These utilities are statistically chosen as a cutoff sample from more than 3,000 electric utilities that report annually on Form EIA-861, “Annual Electric Utility Report.” Preliminary annual values are the sum of the monthly revenues divided by the sum of the monthly sales. When final Form EIA-861 annual data become available each year, their ratios to the preliminary Form EIA-826 values are used to derive adjusted final monthly values. Prior to January 1986, only privately owned electric utilities were included in the monthly survey and the sample was chosen using stratification techniques through December 1992.

Note 8. Data for 1973-1982 cover all regulated electric generating plants at which the generator nameplate capacity of all steam-electric units combined totaled 25 megawatts or greater. From 1974-1982, peaking units were included in the data and counted towards the 25-megawatt-or-greater total. Data for 1983-1990 cover all regulated electric generating plants at which the generator nameplate capacity of all steam-electric units combined totaled 50 megawatts or greater. Data for 1991-2001 cover all regulated electric generating plants at which the generator nameplate capacity of all steam-electric units and combined-cycle units together totaled 50 megawatts or greater. Data for 2002 forward cover the aforementioned regulated generating plants plus unregulated generating plants (independent power producers, as well as combined-heat-and-power generating plants and electricity-only plants in the commercial and industrial sector) whose total facility fossil-fueled nameplate generating capacity is 50 or more megawatts, regardless of unit type.

Note 9. Natural gas prices are intended to include all taxes. Instructions on the data collection forms specifically direct that all Federal, State, and local taxes, surcharges, and/or adjustments billed to consumers are to be included. However, sales and other taxes itemized on more than 3,000 consumers’ bills are sometimes excluded by the reporting utilities. Delivered-to-consumers prices for 1987 forward represent natural gas delivered and sold to residential, commercial, industrial, and electric power consumers. They do not include the price of natural gas delivered to industrial and commercial consumers on behalf of third parties. Volumes of natural gas delivered on behalf of third parties are included in the consumption data shown in Table 4.4. Additional information is available in the EIA Natural Gas Monthly, Appendix C.

Table 9.1 Sources

Domestic First Purchase Price

1973-1976: U.S. Department of the Interior (DOI), Bureau of Mines (BOM), Minerals Yearbook, “Crude Petroleum and Petroleum Products” chapter.

1977: Federal Energy Administration (FEA), based on Form FEA-P124, “Domestic Crude Oil Purchaser’s Monthly Report.”

1978 forward: Energy Information Administration (EIA), Petroleum Marketing Monthly, November 2003, Table 1.

F.O.B. and Landed Cost of Imports

December 1973-September 1977: Federal Energy Administration, Form FEA-F701-M-0, “Transfer Pricing Report.” October-December 1977: EIA, Form FEA-F701-M-0, “Transfer Pricing Report.”

1978 forward: EIA, Petroleum Marketing Monthly, November 2003, Table 1.

Refiner Acquisition Cost

1973: EIA estimates. The domestic price was derived by adding estimated transportation costs to the reported domestic first purchase price. The imported price was derived by adding an estimated ocean transport cost to the average “Free Alongside Ship” value published by the U.S. Bureau of the Census.

1974-1976: DOI, BOM, Minerals Yearbook, “Crude Petroleum and Petroleum Products” chapter.

1977: January-September, FEA, based on Form FEA-P110-M-1, “Refiners’ Monthly Cost Allocation Report.” October-December, EIA, based on Form FEA-P110-M-1, “Refiners’ Monthly Cost Allocation Report.” 1978 forward: EIA, Petroleum Marketing Monthly, November 2003, Table 1.

Table 9.2 Sources

October 1973-September 1977: Federal Energy Administration, Form FEA-F701-M-0, “Transfer Pricing Report.”

October 1977-December 1977: Energy Information Administration (EIA), Form FEA-F701-M-0, “Transfer Pricing Report.”

1978 forward: EIA, Petroleum Marketing Monthly, November 2003, Table 24.

Table 9.10 Sources

1973-July 1977: Federal Power Commission, Form FPC423, “Monthly Report on Cost and Quality of Fuels for Electric Utility Plants.”

June 1977-December 1977: Federal Energy Regulatory Commission, Form FERC-423, “Monthly Report on Cost and Quality of Fuels for Electric Utility Plants.”

1978 and 1979: Energy Information Administration (EIA), Form FERC-423, “Monthly Report on Cost and Quality of Fuels for Electric Utility Plants.”

1980-1989: EIA, Electric Power Monthly, April issues.

1990-2000: EIA, Electric Power Monthly, March 2003, Table 26.

2001 forward: EIA, Electric Power Monthly, October 2003, Table 4.1; Federal Energy Regulatory Commission, Form FERC-423, “Monthly Report on Cost and Quality of Fuels for Electric Utility Plants”; and EIA, Form EIA-423, “Monthly Cost and Quality of Fuels for Electric Plants Report.”

Table 9.11 Sources

Wellhead Price:

1973-1996: Energy Information Administration (EIA), Natural Gas Annual 2000, Table 96. 1997 forward: EIA, Natural Gas Monthly, September 2003, Table 4.

City Gate Price:

1984-1987: EIA, Natural Gas Monthly, March 1990, Table 4; 1988-1992: EIA, Natural Gas Monthly, March 1995, Table 4;

1993-1996: EIA, Natural Gas Monthly, December 1999, Table 4.

1997 forward: EIA, Natural Gas Monthly, September 2003, Table 4.

Residential, Commercial, and Industrial Sector Prices:

1973-1996: EIA, Natural Gas Annual 2001, Table 96. 1997 forward: EIA, Natural Gas Monthly, September 2003, Table 4.

Percentage of Residential, Commercial, and Industrial Sectors, Annual

Calculated from EIA, Natural Gas Annual, Volume 1, report series, Table 1, “Summary Statistics for Natural Gas in the United States,” as total amount of natural gas delivered to the sector’s consumers minus the amount delivered for the account of others (to derive the amount on system) divided by the total amount delivered to the sector.

Percentage of Commercial, and Industrial Sectors, Monthly

EIA, table titled, “Percentage of Total Deliveries

Represented by Onsystem Sales, by State,” in the Natural Gas Monthly issues as follows:

April 1988-March 1989 Table C-1

April 1989-December 1991 Table 33

January 1992-February 1993 Table 32

March 199–October 1995 Table 28

November 1995-December 1997 Table 24

January 1998-Present Table 25

Electric Power Sector Price:

1973-1996: EIA, Natural Gas Annual 2001, Table 96.

1997-2001: EIA, Natural Gas Monthly, October 2003, Table 4.

2002 and 2003: Federal Energy Regulatory Commission, Form FERC-423, “Monthly Report on Cost and Quality of Fuels for Electric Utility Plants,” and EIA, Form EIA-423 “Monthly Cost and Quality of Fuels for Electric Plants Report.”

Percentage of Electric Power Sector:

1973-2001: Calculated by EIA as the quantity of natural gas receipts reported on FERC Form-423, “Monthly Report on Cost and Quantity of Fuels for Electric Utility Plants” (and predecessor forms) divided by the quantity of natural gas consumed in the electric power sector, as shown on Monthly Energy Review Table 7.3b. Natural gas receipts, 1973 -1975: Federal Power Commission, “Annual Summary of Cost and Quality of Steam-Electric Plant Fuels,” 1973 edition (page ii), 1974 edition (page ii), and 1975 edition (Table 3); 1976-1981: EIA, Electric Power Annual, November 1982, Table 68; 1982-1985: EIA, Electric Power Annual 1986, September 1987, Table 16; 1986-1995: EIA, Electric Power Monthly, December 1996, Table 26; 1996-2000: EIA, Electric Power Monthly, March 2002, Table 26; and 2001: EIA, Electric Power Monthly, October 2003, Table 4.1.

2002 and 2003: Calculated by EIA as the quantity of natural gas receipts reported on FERC Form-423, “Monthly Report on Cost and Quantity of Fuels for Electric Utility Plants” (and published in EIA, Electric Power Monthly, October 2003, Table 4.1), and Form EIA-423, “Monthly Cost and Quality of Fuels for Electric Plants Report,” divided by the quantity of natural gas consumed in the electric power sector, as shown on Monthly Energy Review Table 7.3b.

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