Is refining supply still tight?
3-2-1 crack spread (WTI–Gulf Coast spot) · Weekly
History: 92 observations · Local history available
Calculated from same-week spot averages: (2 × Gulf Coast gasoline + Gulf Coast ultra-low sulfur diesel) × 42 ÷ 3 − Cushing WTI. Product prices are converted from USD/gal to USD/bbl. This reference spread is neither a futures spread nor realized refinery profit; location basis, transport and other refining costs are not deducted.
New observations from reports
Unverified report excerpts. This separate curve does not replace or extend the main chart above. See the main chart’s source label for its verification status.
Read observation dates and evidence
View data table (last 24 observations)
| Period | Value (USD/bbl) | Type |
|---|---|---|
| 2026-10-02 | 70.98 | Calculated value |
| 2026-09-25 | 85.07 | Calculated value |
| 2026-09-18 | 77.12 | Calculated value |
| 2026-09-11 | 70.88 | Calculated value |
| 2026-09-04 | 71.22 | Calculated value |
| 2026-08-28 | 75.01 | Calculated value |
| 2026-08-21 | 71.41 | Calculated value |
| 2026-08-14 | 64.43 | Calculated value |
| 2026-08-07 | 58.23 | Calculated value |
| 2026-07-31 | 69.95 | Calculated value |
| 2026-07-24 | 67.74 | Calculated value |
| 2026-07-17 | 65.71 | Calculated value |
| 2026-07-10 | 60.95 | Calculated value |
| 2026-07-03 | 60.17 | Calculated value |
| 2026-06-26 | 53.85 | Calculated value |
| 2026-06-19 | 44.58 | Calculated value |
| 2026-06-12 | 41.64 | Calculated value |
| 2026-06-05 | 40.09 | Calculated value |
| 2026-05-29 | 44.9 | Calculated value |
| 2026-05-22 | 49.03 | Calculated value |
| 2026-05-15 | 52.18 | Calculated value |
| 2026-05-08 | 51.55 | Calculated value |
| 2026-05-01 | 53.18 | Calculated value |
| 2026-04-24 | 51.16 | Calculated value |
View sources and verification dates
Report and verification dates are labeled separately. Original release timestamps are shown when explicitly provided by the source. Quotations retain their source language.
- 2026-10-02 · Verified on 2026-10-09 · EIA spot prices · Local calculation
Calculated from same-week EIA spot averages. Crude is Cushing WTI; gasoline and ultra-low sulfur diesel are Gulf Coast prices. Location basis, transport and other refining costs are not deducted.
Calculation inputs (USD/bbl)WTI: 98.07 USD/bbl · Gasoline: 3.672 USD/gal · Diesel: 4.731 USD/gal
(2 × 3.672 + 4.731) × 42 ÷ 3 − 98.07 = 70.98 USD/bbl
- 2026-09-25 · Verified on 2026-10-09 · EIA spot prices · Local calculation
Calculated from same-week EIA spot averages. Crude is Cushing WTI; gasoline and ultra-low sulfur diesel are Gulf Coast prices. Location basis, transport and other refining costs are not deducted.
Calculation inputs (USD/bbl)WTI: 93.57 USD/bbl · Gasoline: 3.945 USD/gal · Diesel: 4.87 USD/gal
(2 × 3.945 + 4.87) × 42 ÷ 3 − 93.57 = 85.07 USD/bbl
- 2026-09-18 · Verified on 2026-10-09 · EIA spot prices · Local calculation
Calculated from same-week EIA spot averages. Crude is Cushing WTI; gasoline and ultra-low sulfur diesel are Gulf Coast prices. Location basis, transport and other refining costs are not deducted.
Calculation inputs (USD/bbl)WTI: 103.54 USD/bbl · Gasoline: 3.888 USD/gal · Diesel: 5.128 USD/gal
(2 × 3.888 + 5.128) × 42 ÷ 3 − 103.54 = 77.12 USD/bbl
- 2026-09-11 · Verified on 2026-10-09 · EIA spot prices · Local calculation
Calculated from same-week EIA spot averages. Crude is Cushing WTI; gasoline and ultra-low sulfur diesel are Gulf Coast prices. Location basis, transport and other refining costs are not deducted.
Calculation inputs (USD/bbl)WTI: 99.08 USD/bbl · Gasoline: 3.629 USD/gal · Diesel: 4.882 USD/gal
(2 × 3.629 + 4.882) × 42 ÷ 3 − 99.08 = 70.88 USD/bbl
- 2026-09-04 · Verified on 2026-10-09 · EIA spot prices · Local calculation
Calculated from same-week EIA spot averages. Crude is Cushing WTI; gasoline and ultra-low sulfur diesel are Gulf Coast prices. Location basis, transport and other refining costs are not deducted.
Calculation inputs (USD/bbl)WTI: 91.18 USD/bbl · Gasoline: 3.494 USD/gal · Diesel: 4.612 USD/gal
(2 × 3.494 + 4.612) × 42 ÷ 3 − 91.18 = 71.22 USD/bbl
- 2026-08-28 · Verified on 2026-10-09 · EIA spot prices · Local calculation
Calculated from same-week EIA spot averages. Crude is Cushing WTI; gasoline and ultra-low sulfur diesel are Gulf Coast prices. Location basis, transport and other refining costs are not deducted.
Calculation inputs (USD/bbl)WTI: 84.62 USD/bbl · Gasoline: 3.564 USD/gal · Diesel: 4.274 USD/gal
(2 × 3.564 + 4.274) × 42 ÷ 3 − 84.62 = 75.01 USD/bbl
- 2026-08-21 · Verified on 2026-10-09 · EIA spot prices · Local calculation
Calculated from same-week EIA spot averages. Crude is Cushing WTI; gasoline and ultra-low sulfur diesel are Gulf Coast prices. Location basis, transport and other refining costs are not deducted.
Calculation inputs (USD/bbl)WTI: 87.35 USD/bbl · Gasoline: 3.436 USD/gal · Diesel: 4.468 USD/gal
(2 × 3.436 + 4.468) × 42 ÷ 3 − 87.35 = 71.41 USD/bbl
- 2026-08-14 · Verified on 2026-10-09 · EIA spot prices · Local calculation
Calculated from same-week EIA spot averages. Crude is Cushing WTI; gasoline and ultra-low sulfur diesel are Gulf Coast prices. Location basis, transport and other refining costs are not deducted.
Calculation inputs (USD/bbl)WTI: 84.05 USD/bbl · Gasoline: 3.193 USD/gal · Diesel: 4.22 USD/gal
(2 × 3.193 + 4.22) × 42 ÷ 3 − 84.05 = 64.43 USD/bbl
- 2026-08-07 · Verified on 2026-10-09 · EIA spot prices · Local calculation
Calculated from same-week EIA spot averages. Crude is Cushing WTI; gasoline and ultra-low sulfur diesel are Gulf Coast prices. Location basis, transport and other refining costs are not deducted.
Calculation inputs (USD/bbl)WTI: 78.94 USD/bbl · Gasoline: 2.992 USD/gal · Diesel: 3.814 USD/gal
(2 × 2.992 + 3.814) × 42 ÷ 3 − 78.94 = 58.23 USD/bbl
- 2026-07-31 · Verified on 2026-10-09 · EIA spot prices · Local calculation
Calculated from same-week EIA spot averages. Crude is Cushing WTI; gasoline and ultra-low sulfur diesel are Gulf Coast prices. Location basis, transport and other refining costs are not deducted.
Calculation inputs (USD/bbl)WTI: 84.51 USD/bbl · Gasoline: 3.417 USD/gal · Diesel: 4.199 USD/gal
(2 × 3.417 + 4.199) × 42 ÷ 3 − 84.51 = 69.95 USD/bbl
- 2026-07-24 · Verified on 2026-10-09 · EIA spot prices · Local calculation
Calculated from same-week EIA spot averages. Crude is Cushing WTI; gasoline and ultra-low sulfur diesel are Gulf Coast prices. Location basis, transport and other refining costs are not deducted.
Calculation inputs (USD/bbl)WTI: 88.58 USD/bbl · Gasoline: 3.49 USD/gal · Diesel: 4.186 USD/gal
(2 × 3.49 + 4.186) × 42 ÷ 3 − 88.58 = 67.74 USD/bbl
- 2026-07-17 · Verified on 2026-10-09 · EIA spot prices · Local calculation
Calculated from same-week EIA spot averages. Crude is Cushing WTI; gasoline and ultra-low sulfur diesel are Gulf Coast prices. Location basis, transport and other refining costs are not deducted.
Calculation inputs (USD/bbl)WTI: 80.77 USD/bbl · Gasoline: 3.266 USD/gal · Diesel: 3.931 USD/gal
(2 × 3.266 + 3.931) × 42 ÷ 3 − 80.77 = 65.71 USD/bbl
- 2026-07-10 · Verified on 2026-10-09 · EIA spot prices · Local calculation
Calculated from same-week EIA spot averages. Crude is Cushing WTI; gasoline and ultra-low sulfur diesel are Gulf Coast prices. Location basis, transport and other refining costs are not deducted.
Calculation inputs (USD/bbl)WTI: 72.26 USD/bbl · Gasoline: 3.038 USD/gal · Diesel: 3.439 USD/gal
(2 × 3.038 + 3.439) × 42 ÷ 3 − 72.26 = 60.95 USD/bbl
- 2026-07-03 · Verified on 2026-10-09 · EIA spot prices · Local calculation
Calculated from same-week EIA spot averages. Crude is Cushing WTI; gasoline and ultra-low sulfur diesel are Gulf Coast prices. Location basis, transport and other refining costs are not deducted.
Calculation inputs (USD/bbl)WTI: 70.48 USD/bbl · Gasoline: 3.038 USD/gal · Diesel: 3.256 USD/gal
(2 × 3.038 + 3.256) × 42 ÷ 3 − 70.48 = 60.17 USD/bbl
- 2026-06-26 · Verified on 2026-10-09 · EIA spot prices · Local calculation
Calculated from same-week EIA spot averages. Crude is Cushing WTI; gasoline and ultra-low sulfur diesel are Gulf Coast prices. Location basis, transport and other refining costs are not deducted.
Calculation inputs (USD/bbl)WTI: 73.59 USD/bbl · Gasoline: 2.966 USD/gal · Diesel: 3.171 USD/gal
(2 × 2.966 + 3.171) × 42 ÷ 3 − 73.59 = 53.85 USD/bbl
- 2026-06-19 · Verified on 2026-10-09 · EIA spot prices · Local calculation
Calculated from same-week EIA spot averages. Crude is Cushing WTI; gasoline and ultra-low sulfur diesel are Gulf Coast prices. Location basis, transport and other refining costs are not deducted.
Calculation inputs (USD/bbl)WTI: 81.36 USD/bbl · Gasoline: 2.933 USD/gal · Diesel: 3.13 USD/gal
(2 × 2.933 + 3.13) × 42 ÷ 3 − 81.36 = 44.58 USD/bbl
- 2026-06-12 · Verified on 2026-10-09 · EIA spot prices · Local calculation
Calculated from same-week EIA spot averages. Crude is Cushing WTI; gasoline and ultra-low sulfur diesel are Gulf Coast prices. Location basis, transport and other refining costs are not deducted.
Calculation inputs (USD/bbl)WTI: 92.16 USD/bbl · Gasoline: 3.049 USD/gal · Diesel: 3.459 USD/gal
(2 × 3.049 + 3.459) × 42 ÷ 3 − 92.16 = 41.64 USD/bbl
- 2026-06-05 · Verified on 2026-10-09 · EIA spot prices · Local calculation
Calculated from same-week EIA spot averages. Crude is Cushing WTI; gasoline and ultra-low sulfur diesel are Gulf Coast prices. Location basis, transport and other refining costs are not deducted.
Calculation inputs (USD/bbl)WTI: 96.87 USD/bbl · Gasoline: 3.067 USD/gal · Diesel: 3.649 USD/gal
(2 × 3.067 + 3.649) × 42 ÷ 3 − 96.87 = 40.09 USD/bbl
- 2026-05-29 · Verified on 2026-10-09 · EIA spot prices · Local calculation
Calculated from same-week EIA spot averages. Crude is Cushing WTI; gasoline and ultra-low sulfur diesel are Gulf Coast prices. Location basis, transport and other refining costs are not deducted.
Calculation inputs (USD/bbl)WTI: 93.45 USD/bbl · Gasoline: 3.148 USD/gal · Diesel: 3.586 USD/gal
(2 × 3.148 + 3.586) × 42 ÷ 3 − 93.45 = 44.9 USD/bbl
- 2026-05-22 · Verified on 2026-10-09 · EIA spot prices · Local calculation
Calculated from same-week EIA spot averages. Crude is Cushing WTI; gasoline and ultra-low sulfur diesel are Gulf Coast prices. Location basis, transport and other refining costs are not deducted.
Calculation inputs (USD/bbl)WTI: 105.32 USD/bbl · Gasoline: 3.549 USD/gal · Diesel: 3.927 USD/gal
(2 × 3.549 + 3.927) × 42 ÷ 3 − 105.32 = 49.03 USD/bbl
- 2026-05-15 · Verified on 2026-10-09 · EIA spot prices · Local calculation
Calculated from same-week EIA spot averages. Crude is Cushing WTI; gasoline and ultra-low sulfur diesel are Gulf Coast prices. Location basis, transport and other refining costs are not deducted.
Calculation inputs (USD/bbl)WTI: 105.1 USD/bbl · Gasoline: 3.637 USD/gal · Diesel: 3.96 USD/gal
(2 × 3.637 + 3.96) × 42 ÷ 3 − 105.1 = 52.18 USD/bbl
- 2026-05-08 · Verified on 2026-10-09 · EIA spot prices · Local calculation
Calculated from same-week EIA spot averages. Crude is Cushing WTI; gasoline and ultra-low sulfur diesel are Gulf Coast prices. Location basis, transport and other refining costs are not deducted.
Calculation inputs (USD/bbl)WTI: 102.28 USD/bbl · Gasoline: 3.542 USD/gal · Diesel: 3.904 USD/gal
(2 × 3.542 + 3.904) × 42 ÷ 3 − 102.28 = 51.55 USD/bbl
- 2026-05-01 · Verified on 2026-10-09 · EIA spot prices · Local calculation
Calculated from same-week EIA spot averages. Crude is Cushing WTI; gasoline and ultra-low sulfur diesel are Gulf Coast prices. Location basis, transport and other refining costs are not deducted.
Calculation inputs (USD/bbl)WTI: 105.57 USD/bbl · Gasoline: 3.65 USD/gal · Diesel: 4.039 USD/gal
(2 × 3.65 + 4.039) × 42 ÷ 3 − 105.57 = 53.18 USD/bbl
- 2026-04-24 · Verified on 2026-10-09 · EIA spot prices · Local calculation
Calculated from same-week EIA spot averages. Crude is Cushing WTI; gasoline and ultra-low sulfur diesel are Gulf Coast prices. Location basis, transport and other refining costs are not deducted.
Calculation inputs (USD/bbl)WTI: 95.43 USD/bbl · Gasoline: 3.316 USD/gal · Diesel: 3.839 USD/gal
(2 × 3.316 + 3.839) × 42 ÷ 3 − 95.43 = 51.16 USD/bbl