| Type of fuel | FPC form No. 423 price data1 | Monthly energy review price data2 | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| 1976 | 1977 | 1978 | 1979 | January 1980 | 1976 | 1977 | 1978 | 1979 | January 1980 | |
| Cents per MMBtu | ||||||||||
| Fuel Oil: | ||||||||||
| No. 2 | 235.1 | 264.3 | 271.9 | 402.1 | 564.4 | 226.4 | 257.3 | 268.2 | 403.1 | 537.2 |
| Low Sulfur No. 6 | 207.1 | 229.1 | 225.1 | 320.2 | 453.3 | 193.6 | 221.3 | 216.8 | 322.4 | 466.5 |
| High Sulfur No. 6 | 168.7 | 199.9 | 186.7 | 264.7 | 361.4 | 165.9 | 195.2 | 186.1 | 261.5 | 349.6 |
| All No. 6 | 195.9 | 220.4 | 212.3 | 299.7 | 423.5 | 182.8 | 210.4 | 202.7 | 297.0 | 417.7 |
| Coal: All Grades | 84.8 | 94.7 | 111.6 | 122.4 | 128.7 | (3) | (3) | (3) | (3) | (3) |
| Natural Gas | 103.4 | 130.0 | 143.8 | 175.4 | 194.8 | 97.2 | 131.9 | 154.1 | 201.8 | 237.3 |
| Actual price difference (fuel oil and coal versus natural gas) | ||||||||||
| Fuel Oil: | ||||||||||
| No. 2 | 131.7 | 134.3 | 128.1 | 226.7 | 369.6 | 129.2 | 125.4 | 114.1 | 201.3 | 299.9 |
| Low Sulfur No. 6 | 103.7 | 99.1 | 81.3 | 144.8 | 258.5 | 96.4 | 89.4 | 62.7 | 120.6 | 229.2 |
| High Sulfur No. 6 | 65.3 | 69.1 | 42.9 | 89.3 | 166.6 | 68.7 | 66.3 | 32.0 | 59.7 | 112.3 |
| All No. 6 | 92.5 | 90.4 | 68.5 | 124.3 | 228.7 | 85.6 | 78.5 | 48.6 | 95.2 | 180.4 |
| Coal: All Grades | (18.6) | (35.3) | (32.2) | (53.0) | (66.1) | (3) | (3) | (3) | (3) | (3) |
| Price difference ratio4 (fuel oil and coal versus natural gas)—ratio | ||||||||||
| Fuel Oil: | ||||||||||
| No. 2 | 1.274 | 1.033 | .891 | 1.292 | 1.897 | 1.329 | .951 | .740 | .998 | 1.264 |
| Low Sulfur No. 6 | 1.003 | .762 | .565 | .826 | 1.327 | .992 | .678 | .407 | .598 | .966 |
| High Sulfur No. 6 | .632 | .538 | .298 | .509 | .855 | .707 | .480 | .208 | .296 | .473 |
| All No. 6 | .895 | .695 | .476 | .709 | 1.174 | .881 | .595 | .315 | .472 | .760 |
| Coal: All Grades | (.180) | (.272) | (.224) | (.302) | (.339) | (3) | (3) | (3) | (3) | (3) |
1As reported in DOE/EIA Energy Data Report entitled Cost and Quality of Fuels for Electric Utility Plants (Annual summary data 1976-1979) and Monthly Report for January 1980). Note: All prices are delivered prices to steam electric plants. Prices paid for No. 6 fuel oil include prices paid for minor amounts of No. 4 and No. 5 fuel oil, crude and topped crude.
2Fuel oil prices are reported on FEA Form P302-M-1, “Petroleum Industry Monthly Report for Product Prices.” Natural Gas Prices are those paid by industrial customers of major interstate pipeline companies as reported on FPC Form No. 11, “Natural Gas Pipeline Company Monthly Statement.”
3The price data for coal is the same as shown under FPC Form No. 423 price data.
4Mathematically the price difference ratio is P2—P1/P1; Where P2=the price of fuel oil or coal and P1=the price of natural gas. The ratio indicates the percent difference between natural gas and alternate fuel prices. For example in January 1980 electric utilities reported that in that month they paid 1.897 times more (189.7 percent) for No. 2 fuel oil than they paid for natural gas.
As determined in Docket No. RM79-40 NOPR issued June 3, 1980, corrected for clerical/typographical error.
[Order 55-B, 45 FR 54740, Aug. 18, 1980]
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