Table 5.22   Refiner Sales Prices and Refiner Margins for Selected Petroleum Products, 1990-2006
                        (Nominal Cents 1 per Gallon, Excluding Taxes)
Product 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 P
Sales Prices to Resellers: 2
  Aviation Gasoline
 106.3 100.1 99.1 96.5 93.3 97.5 105.5 106.5 91.2 100.7 133.0 125.6 114.6 128.8 162.7 R 207.6 249.0
  Motor Gasoline
 78.6 69.9 67.7 62.6 59.9 62.6 71.3 70.0 52.6 64.5 96.3 88.6 82.8 100.2 128.8 R 167.0 196.8
    Leaded Regular
 75.4 65.7 69.3 NA NA NA NA NA NA NA NA NA NA NA NA NA NA
    Unleaded Regular
 75.8 67.2 64.5 59.3 56.6 59.3 68.5 67.3 49.9 62.0 94.2 86.5 80.6 98.1 126.9 R 165.4 195.0
    Unleaded Midgrade
 81.4 73.3 70.8 66.0 63.8 67.0 75.9 74.9 57.6 69.6 101.3 94.5 88.5 106.1 134.0 R 170.8 201.6
    Premium
 87.4 79.2 77.4 72.2 69.5 72.2 80.3 79.2 61.7 72.6 105.5 98.0 92.8 111.3 140.8 R 178.9 211.6
  Kerosene
 83.9 72.2 63.2 60.4 61.8 58.0 71.4 65.3 46.5 55.0 96.9 82.1 75.2 95.5 127.1 R 175.7 200.8
  Jet Fuel, Kerosene-Type
 77.3 65.0 60.5 57.7 53.4 53.9 64.6 61.3 45.0 53.3 88.0 76.3 71.6 87.1 120.8 R 172.3 196.4
  No. 1 Distillate 
 83.8 73.0 65.2 64.6 61.5 62.5 75.1 72.3 51.3 63.4 101.9 88.3 80.5 103.3 128.9 R 180.1 204.0
  No. 2 Distillate 
 69.5 61.8 58.5 55.9 52.2 53.0 65.3 60.2 43.9 53.6 89.6 77.9 71.8 88.2 117.8 R 172.0 199.2
    No. 2 Fuel Oil
 69.7 62.2 57.9 54.4 50.6 51.1 63.9 59.0 42.2 49.3 88.6 75.6 69.4 88.1 112.5 R 162.3 183.5
    No. 2 Diesel Fuel
 69.4 61.5 59.1 57.0 52.9 53.8 65.9 60.6 44.4 54.6 89.8 77.5 72.4 88.3 118.7 R 173.7 201.3
  No. 4 Fuel 3
 59.0 55.6 49.5 48.8 46.2 46.3 60.3 55.1 38.3 43.0 77.8 69.7 66.3 79.3 103.3 137.7 151.5
  Residual Fuel Oil
 41.3 31.4 30.8 29.3 31.7 36.3 42.0 38.7 28.0 35.4 56.6 47.6 53.0 66.1 68.1 R 97.1 113.4
    1% or Less Sulfur Content
 47.2 36.4 35.1 33.7 34.5 38.3 45.6 41.5 29.9 38.2 62.7 52.3 54.6 72.8 76.4 R 111.5 120.2
    Greater Than 1% Sulfur Content
 37.2 29.2 28.6 25.6 28.7 33.8 38.9 36.6 26.9 32.9 51.2 42.8 50.8 58.8 60.1 R 84.2 107.9
  Propane (Consumer Grade)
 38.6 34.9 32.8 35.1 32.4 34.4 46.1 41.6 28.8 34.2 59.5 54.0 43.1 60.7 75.1 R 93.3 103.1

Sales Prices to End Users: 2
  Aviation Gasoline
 112.0 104.7 102.7 99.0 95.7 100.5 111.6 112.8 97.5 105.9 130.6 132.3 128.8 149.3 181.9 R 223.1 268.2
  Motor Gasoline
 88.3 79.7 78.7 75.9 73.8 76.5 84.7 83.9 67.3 78.1 110.6 103.2 94.7 115.6 143.5 R 182.9 213.0
    Leaded Regular
 83.1 71.5 78.5 NA NA NA NA NA NA NA NA NA NA NA NA NA NA
    Unleaded Regular
 84.9 76.1 74.3 71.2 68.9 71.7 80.7 79.8 63.0 74.2 107.3 99.7 91.2 112.3 140.4 R 180.2 210.1
    Unleaded Midgrade
 92.1 84.3 82.7 80.5 78.5 80.8 89.6 89.5 72.8 83.5 116.8 110.0 101.0 121.8 149.9 189.3 220.8
    Premium
 98.5 90.7 91.4 88.9 86.5 89.0 97.2 97.3 80.5 90.6 124.2 117.5 108.8 130.5 159.6 R 199.2 232.1
  Kerosene
 92.3 83.8 78.8 75.4 66.0 58.9 74.0 74.5 50.1 60.5 112.3 104.5 99.0 122.4 116.0 R 195.7 223.8
  Jet Fuel, Kerosene-Type
 76.6 65.2 61.0 58.0 53.4 54.0 65.1 61.3 45.2 54.3 89.9 77.5 72.1 87.2 120.7 R 173.5 199.8
  No. 1 Distillate 
 81.9 74.0 66.6 66.6 64.0 62.0 72.6 68.9 55.1 62.1 98.8 90.2 82.8 101.7 126.2 R 183.2 214.0
  No. 2 Distillate 
 72.6 65.0 62.0 60.2 55.6 56.0 68.0 64.2 49.2 58.0 93.4 84.0 75.9 94.2 123.5 R 177.7 206.8
    No. 2 Fuel Oil
 73.4 66.5 62.7 60.2 57.2 56.2 67.3 63.6 48.2 55.8 92.7 82.9 73.7 93.3 117.3 170.5 197.2
    No. 2 Diesel Fuel
 72.5 64.8 61.9 60.2 55.4 56.0 68.1 64.2 49.4 58.4 93.5 84.2 76.2 94.4 124.3 R 178.6 207.5
  No. 4 Fuel 3
 62.2 58.0 52.6 50.1 50.1 50.5 60.3 56.5 42.8 47.4 76.9 67.9 65.7 85.6 101.7 W W
  Residual Fuel Oil
 44.4 34.0 33.6 33.7 35.2 39.2 45.5 42.3 30.5 37.4 60.2 53.1 56.9 69.8 73.9 R 104.8 121.8
    1% or Less Sulfur Content
 50.5 40.2 38.9 39.7 40.1 43.6 52.6 48.8 35.4 40.5 70.8 64.2 64.0 80.4 83.5 R 116.8 134.2
    Greater Than 1% Sulfur Content
 40.0 30.6 31.2 30.3 33.0 37.7 43.3 40.3 28.7 36.2 56.6 49.2 54.4 65.1 69.2 R 97.4 117.2
  Propane (Consumer Grade)
 74.5 73.0 64.3 67.3 53.0 49.2 60.5 55.2 40.5 45.8 60.3 50.6 41.9 57.7 83.9 R 108.9 135.6

Refiner Margins 4
  Motor Gasoline
 25.7 24.5 23.8 23.5 22.8 21.6 22.0 24.7 22.8 22.8 29.0 34.0 25.4 32.3 40.8 R 47.4 53.5
  Jet Fuel, Kerosene-Type
 24.4 19.6 16.5 18.6 16.3 12.9 15.3 16.0 15.2 11.6 20.7 21.7 14.2 19.2 32.8 R 52.7 53.0
  No. 2 Distillate 
 16.6 16.4 14.6 16.8 15.1 12.0 16.0 14.9 14.1 11.9 22.3 23.3 14.4 20.3 29.8 R 52.4 55.7
  Residual Fuel Oil
 -11.6 -14.0 -13.2 -9.8 -5.4 -4.8 -7.2 -6.6 -1.8 -6.3 -10.7 -7.0 -4.4 -1.8 -19.9 R -22.5 -30.0
  Composite 5
 22.1 20.7 19.8 19.0 19.8 18.1 19.4 20.0 19.5 18.9 26.1 29.7 21.6 28.1 36.7 R 48.4 53.1
1See "Nominal Price" in Glossary. 5A volume weighted average of the refiner prices to resellers for aviation gasoline, kerosene-type jet
fuel, kerosene, motor gasoline, distillate fuel nos. 1, 2, and 4, and residual fuel oil.
2Sales for resale (wholesale sales) are those made to purchasers who are other than ultimate
consumers.  Sales to end users are those made directly to the ultimate consumer, including bulk
customers, such as agriculture, industry, and utilities, as well as residential and commercial customers.		 R=Revised.  P=Preliminary.  NA=Not available.  W=Value withheld to avoid disclosure of individual
company data.  
3Includes No. 4 fuel oil and No. 4 diesel fuel. Web Page:  See http://www.eia.doe.gov/oil_gas/petroleum/info_glance/petroleum.html for related
information.
4In this table, refiner margin is the difference between the composite refiner acquisition price of crude
oil and the price to resellers.		 Sources:  ·  1990-2005—Energy Information Administration (EIA), Petroleum Marketing Annual, annual
reports.  ·  2006—EIA, Petroleum Marketing Monthly (March 2007).