Graphic by Emily Metcalf
Graphic by Emily Metcalf

The June 2011 Monthly Energy Trend Data are just released.

Following are highlights:

1.        Crude oil price at the New York Mercantile Exchange averaged $96.29 per barrel in June 2011 which was 27.7% higher compared to the same month last year.  Crude oil price decreased $5.07 per barrel or 5.0% from May 2011.

2.        In April 2011 import of foreign crude oil totaled 1.9 million barrels or down 43.2% compared to the same month a year ago.  The foreign crude oil imported showed a decrease of 2.0 million barrels or 51.7% from the previous month.  Year-to-date through April crude oil imports from foreign sources decreased 11.9% from the same period last year.  Foreign imports of jet fuel kero totaled 298 thousand barrels and propane foreign imports totaled 54 thousand barrels.  Year-to-date foreign imports of jet fuel kero totaled 924 thousand barrels or an increase of 2.2% from the same period last year, while propane foreign imports totaled 160 thousand barrels or an increase of 1.3% from the same period as last year.

3.        In June 2011, the national average price for regular gasoline was $3.6709 per gallon, which represented a 34.6% increase from the same month a year ago and a decrease of 5.95% from the previous month May 2011.  Hawaii’s June 2011 price for regular gasoline averaged $4.047, which was about $0.377 or 10.3% higher than the national average for the same month.  Hawaii’s June 2011 price for regular gasoline decreased $0.331 or 7.6% from May 2011.  Among the prices of regular gasoline for Honolulu, Wailuku, and Hilo, as reported by the American Automobile Association, Wailuku had the highest average price at $4.432 and decreased $0.362 or 7.6% from the previous month (May 2011).  The average price of regular gasoline for Honolulu was $3.935 which was a decrease of $0.323 or 7.6% from May 2011.  Hilo’s average price of regular gasoline was $3.990 and represented a decrease of $0.336 or 7.8% from May 2011.

4.        In June 2011, the national average price for diesel was $3.969 per gallon, which was an increase of 33.2% from the same month a year ago and a decrease 3.2% from May 2011.  In Hawaii, the average price for diesel in June 2011 was $4.764 which was $0.795 or 20.04% higher than the national average.  In June 2011, Wailuku had the highest average price of diesel, at $4.916, among Hawaii’s market, which represented a decrease of $0.042 or 0.8% from the previous month.  The average diesel price for Hilo was $4.909, which was a decrease of $0.131 or 2.6% from May 2011.  Honolulu’s average price for diesel was $4.659 which was a decrease of $0.068 or 1.4% from the previous month.

5.        Hawaii’s statewide demand for gasoline, as measured by the gasoline tax base, increased 7.6% in April 2011 from the same month a year ago.  The total April 2011 gasoline was distributed to   the various counties as follows:  City and County of Honolulu, 61.98%; Maui County, 14.35%; Hawaii County 17.11%; and Kauai County, 6.56%.  Year-to-date, the Department of Taxation data showed that fuel distributors shipped 165.8 million gallons of gasoline, representing an increase of 24.8% from the same period last year.

6.        Hawaii’s April 2011 demand for diesel, highway use, as measured by the diesel oil tax base, was 3.6 million gallons, representing a decrease of 1.3% compared to the same period a year ago.  Year-to-date, Hawaii’s demand for diesel, highway use, totaled 18.4 million gallons or a 0.6% decrease during the same period a year ago.

7.        In April 2011, the Department of Taxation showed aviation fuel increased 53.4% from the same period a year ago statewide.  The 16.96 million gallons of aviation fuel distributed in April 2011 were shipped to the various counties as follows:  City and County of Honolulu, 47.2%; Maui County, 30.6%; Hawaii County, 13.2%; and Kauai County, 9.1%.  Year-to-date, the amount of aviation fuel distributed totaled 85.5 million gallons or a 54.3% increase compared to the same period a year ago.

8.        As of June 2011, there were 942,421 registered taxable gasoline passenger vehicles in the state, 3.0% increase from the same period last year (June 2010).  There were 10,015 registered passenger hybrid vehicles, accounted for 1.04% of the total 961,245 registered passenger vehicles in June 2011, and represented an increase of 103 vehicles or 1.04% from May 2011.  There were 21,497 registered taxable diesel freight vehicles, 0.2% decrease from the same period last year.  The number of hybrid freight vehicles totaled 63 in June 2011.  There were 339 registered taxable electric passenger vehicles or an increase of 101.8% from June 2010.  The number of registered taxable electric passenger vehicles increased by 27 or 9.4% from May 2011.

9.        In May 2011, Kauai Island Utility Cooperative (KIUC) generated 36.1 MWh of electricity or a decrease of 1.3% compared to May 2010.  During the same period, electricity generated by steam decreased 29.3%, while that generated by diesel increased by 1.7%.  Electricity generated by KIUC’s hydro sources decreased 79.3%.  Electricity purchased from independent power producers (IPPs) increased 50.6% from the same period last year.  The electricity purchased from the IPPs represented about 9.6% of the electricity sent to the system in May 2011.  Year-to-date (January through May 2011), KIUC generated 175.9 MWh of electricity, an increase of 1.9% from the same period a year ago.  Year-to-date purchase of electricity from the IPPS was 15.5 MWh, an increase of 22.1% from the same period in 2010.  Year-to-date electricity generated by hydro by KIUC was down 5.8% from last year.

10.        The average cost per barrel of diesel oil consumed by Kauai Island Utility Cooperative (KIUC) in May 2011 was $134.44, up 38.7% from the average cost a year ago.  The total diesel oil consumption in May 2011 was 60,761 barrels, down 0.6% when compared to the consumption in May 2010.  The cost of diesel oil per kWh generated in May 2011 was $0.236, up 35.5% compared to the same month a year ago.  In comparison to the previous month (April), the total diesel oil consumed decreased 884 barrels or 1.5%.  Year-to-date (January through May 2011), diesel oil consumption was up 2.7%, while the total cost of diesel oil consumed was up 30.0% compared to the same period a year ago.  The year-to-date average cost of diesel oil per kWh generated was $0.213, an increase of 30.1% from the same period a year ago.

11.        In May 2011, total electricity sales by KIUC increased 5.1% from May 2010 and 0.2% from April 2011.  Residential electricity sales increased 9.0% from May 2010 and decreased 0.6% from April 2011.  Sales to the commercial sector increased 3.0% from May 2010 and increased 0.6% from April 2011.  Year-to-date electricity sales were 180.6 GWh, an increase of 3.4% from the same period in 2010.

12.        The total net revenue for KIUC in May 2011 totaled $15.9 million reflecting an increase of 28.3% from May 2010.  For May 2011, residential and commercial revenues increased by 34.9% and 24.7%, respectively, from May 2010.  The 2011 year-to-date net revenues was $73.5 million or an increase of 19.4% from the same period in 2010.  The 2011 year-to-date net revenue for the residential sector total $28.6 million  or up 22.3%, and for the commercial sector, net revenue totaled $44.2 million  or up 17.7% from the same period in 2010.

13.        For May 2011, the average Kauai residential retail price was 45.30 cents per kWh, an increase of 23.8% from May 2010 and a 3.1% increase from April 2011.  The average commercial retail price was 42.71 cents per kWh or an increase of 21.0% from May 2010 and a 3.9% from April 2011.  Year-to-date 2011 average residential retail prices increased to 42.16 cents per kWh, representing a 17.8% increase from the same period in 2010.

14.        The energy cost adjustment factor for electricity effective June 1, 2011 for each of the island was as follows:  Kauai (0.09273 $/kWh); Oahu (0.10777 $/kWh); Maui (0.08176 $/kWh); Lanai (0.09649 $/kWh); Molokai (0.08833 $/kWh); and Hawaii (0.10635 $/kWh).

To see or download the data, you can go to the following link:

http://hawaii.gov/dbedt/info/economic/data_reports/info/economic/data_reports/energy-trends

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