Code of Federal Regulations > Title 18 > Chapter I > Part 281 > Subpart C > Appendix Appendix A - Appendix A 1 to Part 281—Comparison of Selected Fuel Price Data, FPC Form No. 423 Versus Monthly Energy Review, 1976

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Title 18 - Conservation of Power and Water Resources last revised: Oct 23, 2024

Appendix Appendix A - Appendix A 1 to Part 281—Comparison of Selected Fuel Price Data, FPC Form No. 423 Versus Monthly Energy Review, 1976—January 1980

Type of fuel	FPC form No. 423 price data ¹					Monthly energy review price data ²
Type of fuel	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 ratio ⁴ (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)

¹ As 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.

² Fuel 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.”

³ The price data for coal is the same as shown under FPC Form No. 423 price data.

⁴ Mathematically 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]

authority: 15 U.S.C. 717-717w,3301; 16 U.S.C. 2601-2645; 42 U.S.C. 7101-7352.

source: Order 10-B, 44 FR 13470, Mar. 12, 1979, unless otherwise noted.