Petroleum Prices by Product
Kerosene ($38.94) had the highest price among the petroleum products in 2022, followed by aviation gasoline ($36.02), distillate fuel ($34.02), motor gasoline ($31.90), jet fuel ($25.89), propane ($20.46), and residual fuel ($19.93).
From 2021 to 2022, jet fuel increased 78.8 percent, kerosene increased 74.8 percent, residual fuel increased 59.8 percent, distillate fuel increased 54.6 percent, motor gasoline increased 31.7 percent, aviation gasoline increased 24.8 percent, and propane increased 5.7 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 – 2022
(Nominal Dollars per Million Btu)
| Year | Aviation Gasoline | Distillate Fuel | Jet Fuel | Kerosene | Motor Gasoline | Propane | Residual Fuel |
|---|---|---|---|---|---|---|---|
| 2022 | $36.02 | $34.02 | $25.89 | $38.94 | $31.90 | $20.46 | $19.93 |
| 2021 | $28.86 | $22.00 | $14.48 | $22.28 | $24.22 | $19.36 | $12.47 |
| 2020 | $22.34 | $16.33 | $9.10 | $15.29 | $17.15 | $12.15 | $8.34 |
| 2019 | $25.57 | $20.45 | $14.37 | $21.80 | $20.90 | $13.17 | $11.27 |
| 2018 | $27.04 | $21.60 | $15.64 | $24.03 | $21.93 | $15.42 | $11.07 |
| 2017 | $24.13 | $17.87 | $12.10 | $16.89 | $19.78 | $14.41 | $9.75 |
| 2016 | $21.62 | $15.37 | $9.72 | $13.52 | $17.62 | $11.03 | $0.00 |
| 2015 | $24.86 | $18.26 | $11.88 | $16.95 | $19.81 | $12.19 | $0.00 |
| 2014 | $33.16 | $26.77 | $20.59 | $31.19 | $27.60 | $20.89 | $15.88 |
| 2013 | $32.71 | $27.65 | $22.89 | $29.30 | $28.87 | $17.17 | $0.00 |
| 2012 | $33.04 | $27.74 | $22.97 | $28.59 | $29.59 | $16.59 | $12.73 |
| 2011 | $31.64 | $27.33 | $23.03 | $27.37 | $28.99 | $20.84 | $9.86 |
| 2010 | $25.19 | $21.08 | $16.78 | $24.02 | $22.79 | $18.92 | $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 | $16.93 | $12.20 | $19.87 | $19.04 | $17.58 | $7.54 |
| 2008 | $27.23 | $26.10 | $22.56 | $22.86 | $25.48 | $22.13 | $12.28 |
| 2007 | $23.70 | $20.19 | $16.00 | $21.73 | $23.00 | $19.44 | $7.90 |
| 2006 | $22.31 | $18.54 | $14.70 | $18.82 | $20.52 | $17.61 | $7.71 |
| 2005 | $18.56 | $16.28 | $13.19 | $15.25 | $17.94 | $15.69 | $6.46 |
| 2004 | $15.13 | $11.90 | $8.77 | $10.70 | $14.59 | $13.05 | $5.02 |
| 2003 | $12.42 | $9.66 | $6.59 | $8.90 | $12.25 | $11.45 | $3.87 |
| 2002 | $10.72 | $8.40 | $5.44 | $7.95 | $10.91 | $9.32 | $3.40 |
| 2001 | $11.01 | $9.03 | $5.94 | $8.53 | $11.61 | $11.16 | $4.04 |
| 2000 | $10.87 | $9.82 | $6.76 | $8.76 | $12.10 | $10.34 | $3.88 |
| 1999 | $8.81 | $7.09 | $4.08 | $4.97 | $8.74 | $7.28 | $2.65 |
| 1998 | $8.11 | $6.36 | $3.49 | $4.46 | $8.21 | $6.92 | $2.55 |
| 1997 | $9.39 | $7.56 | $4.59 | $5.84 | $9.64 | $8.78 | $2.65 |
| 1996 | $9.29 | $8.00 | $4.89 | $6.07 | $10.03 | $8.75 | $2.94 |
| 1995 | $8.36 | $6.91 | $4.01 | $5.20 | $9.24 | $7.13 | $2.38 |
| 1994 | $7.96 | $6.86 | $3.99 | $5.60 | $9.24 | $7.07 | $2.08 |
| 1993 | $8.24 | $6.99 | $4.33 | $5.95 | $9.14 | $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.