Petroleum Prices by Product
Aviation gasoline ($28.86) had the highest price among the petroleum products in 2021, followed by motor gasoline ($24.22), kerosene ($22.28), distillate fuel ($22.02), propane ($19.45), jet fuel ($14.48), and residual fuel ($12.47).
From 2020 to 2021, propane increased 62.4 percent, jet fuel increased 59.1 percent, residual fuel increased 49.5 percent, kerosene increased 45.7 percent, motor gasoline increased 41.2 percent, distillate fuel increased 34.8 percent, and aviation gasoline increased 29.2 percent.
The prices in the table and graph below are in nominal dollars per million Btu to make a comparison easier among the petroleum products.
Nebraska Petroleum Average Annual Prices by Product 2010 – 2021
(Nominal Dollars per Million Btu)
| Year | Aviation Gasoline | Distillate Fuel | Jet Fuel | Kerosene | Motor Gasoline | Propane | Residual Fuel |
|---|---|---|---|---|---|---|---|
| 2021 | $28.86 | $22.02 | $14.48 | $22.28 | $24.22 | $19.45 | $12.47 |
| 2020 | $22.34 | $16.33 | $9.10 | $15.29 | $17.15 | $11.98 | $8.34 |
| 2019 | $25.57 | $20.45 | $14.37 | $21.80 | $20.90 | $13.04 | $11.27 |
| 2018 | $27.04 | $21.60 | $15.64 | $24.03 | $21.93 | $15.07 | $11.07 |
| 2017 | $24.13 | $17.87 | $12.10 | $16.89 | $19.78 | $14.37 | $9.75 |
| 2016 | $21.62 | $15.37 | $9.72 | $13.52 | $17.62 | $11.02 | $0.00 |
| 2015 | $24.86 | $18.24 | $11.88 | $16.95 | $19.80 | $19.82 | $0.00 |
| 2014 | $33.16 | $26.74 | $20.59 | $31.19 | $27.59 | $27.06 | $15.88 |
| 2013 | $32.71 | $27.62 | $22.89 | $29.30 | $28.85 | $23.43 | $0.0 |
| 2012 | $33.04 | $27.72 | $22.97 | $28.59 | $29.59 | $21.67 | $12.73 |
| 2011 | $31.64 | $27.31 | $23.03 | $27.37 | $28.96 | $23.86 | $9.86 |
| 2010 | $25.19 | $21.07 | $16.78 | $24.02 | $22.74 | $19.50 | $9.21 |
Nebraska Petroleum Average Annual Prices by Product 1990 – 2009
(Nominal Dollars per Million Btu)
| Year | Aviation Gasoline | Distillate Fuel | Jet Fuel | Kerosene | Motor Gasoline | Propane | Residual Fuel |
|---|---|---|---|---|---|---|---|
| 2009 | $20.32 | $16.92 | $12.20 | $19.87 | $19.00 | $17.58 | $7.54 |
| 2008 | $27.23 | $26.10 | $22.56 | $22.86 | $25.38 | $22.13 | $12.28 |
| 2007 | $23.70 | $20.19 | $16.00 | $21.73 | $22.94 | $19.44 | $7.90 |
| 2006 | $22.31 | $18.54 | $14.70 | $18.82 | $20.49 | $17.61 | $7.71 |
| 2005 | $18.56 | $16.28 | $13.19 | $15.25 | $17.92 | $15.69 | $6.46 |
| 2004 | $15.13 | $11.90 | $8.77 | $10.70 | $14.58 | $13.05 | $5.02 |
| 2003 | $12.42 | $9.66 | $6.59 | $8.90 | $12.24 | $11.45 | $3.87 |
| 2002 | $10.72 | $8.40 | $5.44 | $7.95 | $10.88 | $9.32 | $3.40 |
| 2001 | $11.01 | $9.03 | $5.94 | $8.53 | $11.58 | $11.16 | $4.04 |
| 2000 | $10.87 | $9.82 | $6.76 | $8.76 | $12.07 | $10.34 | $3.88 |
| 1999 | $8.81 | $7.09 | $4.08 | $4.97 | $8.72 | $7.28 | $2.65 |
| 1998 | $8.11 | $6.36 | $3.49 | $4.46 | $8.19 | $6.92 | $2.55 |
| 1997 | $9.39 | $7.56 | $4.59 | $5.84 | $9.62 | $8.78 | $2.65 |
| 1996 | $9.29 | $8.00 | $4.89 | $6.07 | $10.02 | $8.75 | $2.94 |
| 1995 | $8.36 | $6.91 | $4.01 | $5.20 | $9.21 | $7.13 | $2.38 |
| 1994 | $7.96 | $6.86 | $3.99 | $5.60 | $9.21 | $7.07 | $2.08 |
| 1993 | $8.24 | $6.99 | $4.33 | $5.95 | $9.11 | $6.81 | $2.27 |
| 1992 | $8.54 | $7.03 | $4.64 | $6.57 | $9.09 | $7.57 | $1.97 |
| 1991 | $8.71 | $7.19 | $5.01 | $6.61 | $9.43 | $8.08 | $2.02 |
| 1990 | $9.32 | $7.51 | $6.03 | $8.12 | $9.49 | $9.17 | $2.22 |
Nebraska Petroleum Average Annual Prices by Product 1970 – 1989
(Nominal Dollars per Million Btu)
| Year | Aviation Gasoline | Distillate Fuel | Jet Fuel | Kerosene | Motor Gasoline | Propane | Residual Fuel |
|---|---|---|---|---|---|---|---|
| 1989 | $8.28 | $6.31 | $4.54 | $6.06 | $8.42 | $7.65 | $2.04 |
| 1988 | $7.41 | $5.62 | $4.14 | $4.91 | $7.22 | $7.12 | $2.17 |
| 1987 | $7.55 | $6.03 | $4.38 | $5.14 | $7.58 | $6.98 | $2.53 |
| 1986 | $8.41 | $5.61 | $4.43 | $5.05 | $7.28 | $7.30 | $2.71 |
| 1985 | $9.99 | $6.51 | $6.19 | $7.60 | $9.67 | $7.22 | $4.28 |
| 1984 | $10.27 | $6.79 | $6.50 | $7.69 | $9.55 | $6.38 | $4.65 |
| 1983 | $10.44 | $6.82 | $6.63 | $7.58 | $9.61 | $6.62 | $4.46 |
| 1982 | $10.92 | $7.07 | $7.19 | $7.05 | $10.71 | $6.21 | $4.22 |
| 1981 | $10.84 | $7.60 | $7.60 | $7.57 | $11.37 | $5.94 | $4.38 |
| 1980 | $9.02 | $6.24 | $6.47 | $5.56 | $10.06 | $5.78 | $3.21 |
| 1979 | $5.73 | $4.24 | $4.03 | $4.24 | $7.41 | $4.33 | $2.26 |
| 1978 | $4.29 | $3.06 | $2.90 | $3.44 | $5.50 | $3.67 | $1.70 |
| 1977 | $3.97 | $2.92 | $2.69 | $3.23 | $5.29 | $3.94 | $1.86 |
| 1976 | $3.59 | $2.61 | $2.26 | $2.88 | $5.06 | $3.50 | $1.76 |
| 1975 | $3.45 | $2.38 | $2.09 | $2.63 | $4.76 | $3.14 | $1.74 |
| 1974 | $3.23 | $2.20 | $1.60 | $2.42 | $4.27 | $2.99 | $1.62 |
| 1973 | $2.36 | $1.28 | $0.93 | $1.51 | $3.21 | $2.61 | $0.70 |
| 1972 | $2.19 | $1.01 | $0.78 | $1.23 | $3.00 | $1.61 | $0.71 |
| 1971 | $2.21 | $0.99 | $0.78 | $1.21 | $3.00 | $1.55 | $0.60 |
| 1970 | $2.17 | $0.95 | $0.75 | $1.18 | $3.03 | $1.59 | $0.48 |
Sources: State Energy Price and Expenditure Report. Energy Information Administration, Washington, DC. Nebraska Department of Environment and Energy, Lincoln, NE.