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Estimated Fuel Price Surge Analysis
Comparison of recent fuel price increases for power generation fuels in Sri Lanka.
Primary Sources
Electricity tariff hike raises questions over fuel pricing transparency ...
The much discussed latest electricity tariff debate has taken a controversial turn, with senior power sector officials and independent energy analysts questioning whether opaque fuel pricing mechanisms are artificially inflating the cost of electricity generation while shielding politically sensitive petroleum losses. At the centre of the controversy is the widening gap between diesel pricing and the steep increases imposed on Heavy Fuel Oil (HFO) and naphtha — two fuels heavily used by the Ceylon Electricity Board (CEB)� for thermal power generation. Energy analysts argue that while electricity tariffs are officially calculated on a “cost reflective” basis, the fuel pricing structure feeding into those calculations appears far from transparent. A senior CEB official told The Island Financial Review that the present fuel pricing pattern raises “serious economic and policy concerns.” “The entire electricity tariff framework is built on the assumption that fuel supplied to the power sector reflects actual import costs. But if fuel pricing itself is distorted, then tariff calculations become distorted too,” the official said. According to CEB operational data reviewed by sector analysts, the utility regularly consumes nearly two-and-a-half times more HFO than diesel for thermal generation. Yet recent fuel revisions saw diesel prices rise only marginally — despite allegations that diesel cargoes had been procured at extraordinarily high dollar values. Industry analysts pointed out that diesel imported at around USD 286 per barrel resulted in only about a Rs. 10 domestic price increase, while HFO prices surged by nearly Rs. 42 per litre and naphtha by around Rs. 34 — increases estimated at roughly 25 percent. “This creates the impression that losses on diesel are being absorbed by overpricing HFO and naphtha,” an energy economist said. “If CPC is maintaining artificially low diesel prices for political or inflation management reasons, the burden appears to be transferred to electricity consumers through thermal generation costs.” The analyst noted that because the CEB relies heavily on HFO for regular dispatch operations, even relatively small increases in HFO pricing can translate into billions of rupees in additional annual generation costs. In dollar terms, the implications are substantial. Power sector officials estimate that every major upward revision in HFO pricing adds several billion rupees to annual generation expenditure, particularly during periods...
Gasoline and Diesel Fuel Update - U.S. Energy Information ...
U.S. Regular Gasoline Prices*(dollars per gallon) full history XLS Change from 04/20/26 04/27/26 05/04/26 2 year ago year ago week ago U.S. 4.044 4.123 4.452 0.809 1.305 0.329 East Coast (PADD1) 3.888 3.958 4.251 0.702 1.253 0.293 New England (PADD1A) 3.918 4.087 4.378 0.767 1.419 0.291 Central Atlantic (PADD1B) 4.025 4.131 4.420 0.735 1.307 0.289 Lower Atlantic (PADD1C) 3.794 3.817 4.113 0.664 1.178 0.296 Midwest (PADD2) 3.789 3.884 4.399 1.003 1.372 0.515 Gulf Coast (PADD3) 3.617 3.675 3.902 0.658 1.180 0.227 Rocky Mountain (PADD4) 3.936 4.016 4.359 0.896 1.241 0.343 West Coast (PADD5) 5.320 5.412 5.583 0.829 1.427 0.171 West Coast less California 4.929 4.967 5.135 0.777 1.414 0.168 See less See more States Change from 04/20/26 04/27/26 05/04/26 2 year ago year ago week ago California 5.648 5.785 5.959 0.843 1.407 0.174 Colorado 3.809 3.930 4.346 1.122 1.359 0.416 Florida 3.900 3.883 4.288 0.744 1.300 0.405 Massachusetts 3.883 4.006 4.343 0.756 1.419 0.337 Minnesota 3.662 3.747 4.073 0.823 1.078 0.326 New York 4.004 4.102 4.399 0.762 1.367 0.297 Ohio 3.684 3.871 4.776 1.438 1.663 0.905 Texas 3.587 3.662 3.877 0.609 1.152 0.215 Washington 5.225 5.299 5.529 0.987 1.437 0.230 Cities Boston 3.914 4.029 4.383 0.785 1.456 0.354 Chicago 4.245 4.277 4.922 0.949 1.555 0.645 Cleveland 3.773 3.957 4.872 1.450 1.691 0.915 Denver 3.769 3.916 4.317 1.117 1.362 0.401 Houston 3.625 3.693 3.799 0.617 1.122 0.106 Los Angeles 5.647 5.772 5.943 0.895 1.474 0.171 Miami 3.992 3.931 4.308 0.730 1.324 0.377 New York City 3.927 4.092 4.409 0.809 1.441 0.317 San Francisco 5.688 5.879 6.092 0.804 1.340 0.213 Seattle 5.449 5.480 5.674 0.954 1.345 0.194 U.S. On-Highway Diesel Fuel Prices*(dollars per gallon)full history XLS Change from 04/20/26 04/27/26 05/04/26 2 year ago year ago week ago U.S. 5.403 5.351 5.640 1.746 2.143 0.289 East Coast (PADD1) 5.494 5.425 5.504 1.538 1.937 0.079 New England (PADD1A) 5.862 5.834 5.863 1.586 1.968 0.029 Central Atlantic (PADD1B) 5.924 5.843 5.873 1.665 2.077 0.030 Lower Atlantic (PADD1C) 5.297 5.229 5.331 1.485 1.883 0.102 Midwest (PADD2) 5.165 5.131 5.742 1.928 2.310 0.611 Gulf Coast (PADD3) 5.069 5.012 5.178 1.561 2.004 0.166 Rocky Mountain (PADD4) 5.213 5.270 5.517 1.732 2.057 0.247 West Coast (PADD5) 6.620 6.530 6.631 2.051 2.427 0.101 West Coast less California 6.010 5.926 6.000 1.921 2.250 0.074 California 7.325 7.228 7.360 2.205 2.632 0.132 *prices include all taxes
Jones demands audit of Newsom's gas 65-cent per gallon price hike to ...
Jones has been a leading voice in the fight to repeal Newsom's 65-cent gas hike and lower fuel costs for Californians. He sounded the alarm early in an op-ed published in the San Diego Union-Tribune, exposing Newsom's plan to raise gas prices and push drivers out of gas-powered cars and into electric vehicles.
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