Gasoline and Diesel Weekly: Fuels Roll Higher

September 3, 2013 11:14 AM
 

Gasoline and highway diesel moved strongly higher across the board this week with farm diesel not far behind.

Farm Diesel --

Farm diesel moved 1 cent higher with 7 of the 12 states in our Index unchanged. Nebraska farm diesel moved a full nickel higher to $3.50 during the report week and we expect more of the same next week although the expectation is still higher for nickel moves than dimes. However, don't get hung out to dry here as prices are currently 24 cents below year-ago and nearly overdue for annual increases.

Farm Diesel 9/3/13
Three Weeks Ago
Previous Week
Current Week
Change
Iowa
$3.37
$3.34
$3.36
+$0.02
Illinois
$3.51
$3.51
$3.51
unchanged
Indiana
$3.46
$3.46
$3.41
-$0.04
Wisconsin
$3.23
$3.23
$3.23
unchanged
Minnesota
$3.45
$3.45
$3.50
+$0.05
South Dakota
$3.44
$3.46
$3.46
unchanged
North Dakota
$3.49
$3.59
$3.61
+$0.02
Nebraska
$3.39
$3.39
$3.44
+$0.05
Missouri
$3.34
$3.32
$3.32
unchanged
Kansas
$3.36
$3.36
$3.36
unchanged
Ohio
$3.33
$3.29
$3.29
unchanged
Michigan
$3.46
$3.47
$3.47
unchanged
Midwest Average
$3.418
$3.421
$3.43
+$0.01

 

Gasoline-

The retail price for regular gasoline firmed 5 1/2 cents during the report week to a national average of $3.608 -- 23 1/2 cents below year-ago.

East Coast gasoline firmed 5 1/4 cents to $3.606; Midwest rose 11 cents to $3.633; Gulf coast 2 1/2 cents higher to $3.406; Rocky Mountain region adds 1/2 cent to $3.626 and West Coast gasoline 1/2 cent higher at $3.750.

Highway Diesel --

The national average price of highway diesel firmed 6 3/4 cents to $3.981 -- 14 1/2 cents below year-ago.

East Coast highway diesel firms 6 3/4 cents this week to $3.993; Midwest up 8 1/4 cents to $3.967; Gulf coast 6 3/4 cents higher to $3.897; Rocky Mountain diesel one penny higher to $3.937 and West Coast highway diesel up 5 1/2 cents to $4.128.


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