Petroleum Prices by Product
Kerosene ($34.16) had the highest price among the petroleum products in 2023, followed by aviation gasoline ($32.62), distillate fuel ($28.45), motor gasoline ($28.29), jet fuel ($20.75), propane ($16.73), and residual fuel ($17.90).
From 2022 to 2023, all fuel prices fell. Distillate fuel decreased 28.5 percent, motor gasoline decreased 28.3 percent, jet fuel decreased 19.9 percent, propane decreased 18.2 percent, kerosene decreased 12.3 percent, residual fuel decreased 10.2 percent, and aviation gasoline decreased 9.4 percent.
The prices in the data table and Figure 1 are in nominal dollars per million Btu to make a comparison easier among the petroleum products.
| Attachment | Size |
|---|---|
| 2010 - 2023 | 43.22 KB |
| 1990 - 2009 | 43.59 KB |
| 1970 - 1989 | 43.63 KB |
Sources: State Energy Price and Expenditure Report. Energy Information Administration, Washington, DC. Nebraska Department of Water, Energy, and Environment, Lincoln, NE.
This report was updated on March 3, 2026.
Typically, there is a week between updates.