Wednesday, May 09, 2012

Diesel Price Drops Over a Penny

AgFax.Com - Your Online Ag News Source


Gasoline prices fall for fifth straight week
The national average diesel fuel price decreased by more than a penny to $4.06 per gallon, 5 cents per gallon lower than last year at this time. Prices dropped in all regions, with the Midwest and Gulf Coast prices the lowest in the Nation at $3.96 per gallon. The Rocky Mountain regional average price fell more than 2 cents to $4.05 per gallon, while the East Coast price decreased 2 cents to $4.11 per gallon. Rounding out the regions, the average diesel price on the West Coast fell nearly 2 cents, but remains the highest in the Nation at $4.31 per gallon.

The U.S. average retail price of regular gasoline decreased 4 cents this week to $3.79 per gallon, 18 cents per gallon lower than last year at this time. This marks the fifth straight week of decline, with the average price down 15 cents since April 2. The least expensive gasoline remains in the Gulf Coast for the third consecutive week, at $3.62 per gallon. The Midwest average price decreased about 3 cents to $3.72 per gallon, while the East Coast and Rocky Mountain prices both dropped to $3.76 per gallon. On the West Coast, the price increased by more than a cent to $4.14 per gallon, the most expensive in the Nation.

Propane stocks post a strong build
Last week, propane inventories grew across all regions of the United States, adding 2.5 million barrels to end at 51.0 million barrels, 77 percent higher than a year ago. The Gulf Coast region led the gain with 1.0 million barrels of new propane inventory, followed by the East Coast, which added 0.9 million barrels. The Midwest regional stocks grew by 0.5 million and the Rocky Mountain/West Coast region added 0.2 million barrels. Propylene non-fuel-use inventories represented 7.1 percent of total propane inventories.

Full report

Tags:


Leave a Reply

Name and Email Address are required fields. Your email will not be published or shared with third parties.

Sunbelt Ag News

    DTN Grain Midday: Positive Trade Action Continues4-1

    USDA Commodity Credit Corporation Lending, April 20154-1

    DTN Cotton Open: Languishes Ahead of Exports Report4-1

    Drought Outlook: Little Relief Expected in April4-1

    Soybeans Gain Popularity for Lower Inputs, Says Analyst4-1

    DTN Livestock Open: Spillover Selling, Short Covering4-1

    DTN Grain Open: Off to a Positive Start4-1

    Grain TV: Corn Hit by Double-Whammy3-31

    AFB Grain-Soybean Close: Corn Takes Bearish Hit3-31

    AFB Cotton Close: USDA Boosts Prices3-31

    AFB Rice Close: USDA Numbers Bearish3-31

    DTN Livestock Close: Lean Hog Futures See Follow-Through Buying3-31

    Planting Intentions Not a Surprise, Grain Stocks Another Matter – DTN3-31

    Wheat: Know When to Apply Right Herbicide at the Right Time3-31

    DTN Cotton Close: Rebounds Following Post-Report Dip3-31

    Welch on Wheat: Reports Mostly in Line with Expectations3-31

    Welch on Grain: Bearish Reports for Corn3-31

    DTN Grain Close: Reports Support Soybeans, Disappoint Corn, Wheat3-31

    USDA: Weekly National Peanut Prices3-31

    Good on Grain: USDA Has Friendly Surprise for Soybeans; Negative News for Corn3-31

    Shurley on Cotton: Acreage Intentions Meet High End of Expectations3-31

    Rice Stocks: Rough Rice Up 26%3-31

    Grain Stocks: Corn, Wheat, Soybeans All Increase3-31

    Indiana: Too Cold to Plant; Nebraska: Tillage, Weed Spray Started – DTN3-31

    USDA Conservation Service Has $332M to Give Away – Applications Due May 153-31

    USDA Perspective Plantings: Soybeans Gain. Otherwise, Slippage.3-31

    DTN Fertilizer Trends: Concerns About Dry Weather, Acid Shortage3-31

    DTN Livestock Midday: Lack of Buyer Interest3-31

    Soybeans: Climate Change Cost Farmers $11B Over Last 20 Years3-31

    Pecans: 11 Land-Grant Institutions Help Protect Yields3-31

    Tung Trees: Beautiful, Toxic, and Need to be Taken Out3-31

    Grain TV: Corn Exports Remain Strong3-30

    Almonds and Pistachios: Chinese Tastes for U.S. Nuts Fuel Demand3-30

    Video: 6 Need-To-Know Things About Tree Crops3-30

    Louisiana Rice: 2 New Clearfield Lines Show Some Promise3-30

    Corn, Soybeans: Expected Returns and Acre Shifts – farmdoc3-30

    Ag in Harvard? Spring Break Trip Explores Rural Life – DTN3-30

    DTN Fertilizer Outlook: Spot Shortages to Drive Domestic Prices3-30

    Corn: 3 Tips to Better Manage Cutworms3-30

    Flint on Crops: Best Time to Apply Lime? Whenever It’s Needed3-30

    Texas Rice: Section 18 Requires More Work Than You Might Think – Mo Way3-27

    Farmland Partners Buys 15,000 Row Crop Acres In Carolinas, Virginia3-27

    Rice Market: Export Pace Continues Strong, Still Not Much Planting3-27

    Rose on Cotton: Don’t Miss an Opportunity. Get Short Terms in Place.3-27

    Video: 8 Need-to-know Things About Southern Grain3-27

    Cover Crops: What’s the Cost? Online Tool Helps Figure it Out.3-27

    ARC-PLC Deadline Extension: 77% of Farmers Have Made a Decision – DTN3-27

    Soybeans: What Inputs Can You Cut Back? 5 Main Choices. – DTN3-27

    Cleveland On Cotton: “December has 70-cents-plus written all over it.”3-27

    Texas: Feral Hog, Predator Management Workshop, Rocksprings, April 243-27

    Weekly Cotton Market Review – USDA3-27

    Video: 13 Best Practices to Manage Tarnished Plant Bugs3-27

    Peanut Stocks: Utilization Up 7% Over Last Year3-27

    USDA: Peanut Price Highlights3-27

    Soybeans: How Has Chinese Demand Impacted the Market? – farmdoc3-27

    Oklahoma City Farm Show, April 3-53-27

    Texas: Hale and Swisher Crops Conference, Plainview, April 143-27

    Louisiana: Soybean Board Awards LSU $1.9M for Soy Research3-27

    Base Acres and ARC-PLC Deadline Extended to April 7 – No Surprise Here.3-27

    Mississippi: Students Learn Soil Management, Conservation by Getting Down in the Dirt3-27

    Estate Planning: Farmers Gift the Farm to Their Rural Community – DTN3-27

    Corn Maybe Has More Bullish Potential Than Beans Ahead Of USDA Projections3-27

    Georgia: Wheat Leaf Rust Detected, May Want to Check the Field3-27

    Death Tax: South Dakota Congressman Pushes Repeal, Tells Her Story – Video3-26

    Environmental Group Questions USDA’s Science Integrity – DTN3-26

    Making Money With Manure, Advantages of Composting and Additives – DTN3-26

    Sunbelt Ag Events

    Rice News

     

    About Us

    AgFax.Com covers agricultural trends and production topics, with an emphasis on news about cotton, rice, peanuts, corn, soybeans, wheat and tree crops, including almonds, pecans, walnuts and pistachios.

      

    This site also serves as the on-line presence of electronic crop and pest reports published by AgFax Media LLC (formerly Looking South Communications).

        

    Click here to subscribe to our free reports.

      

    We provide early warnings and confirmations about pests, diseases and other factors that influence yield. Our goal is to quickly provide farmers and crop advisors with information needed to make better and more profitable decisions.

         

    Our free weekly crop and pest advisories include:

    • AgFax Midsouth Cotton, covering cotton production and news in Alabama, Arkansas, Louisiana, Mississippi, Tennessee and Missouri.

    • AgFax Southeast Cotton, covering cotton production and news in Alabama, Florida, Georgia, North Carolina, South Carolina and Virginia.

    • AgFax Southwest Cotton (new for 2013!), covering cotton production and news in Texas, Oklahoma, Kansas and New Mexico.

    • AgFax West (formerly MiteFax: SJV Cotton), covering California cotton, alfalfa, tomatoes and other non-permanent crops in California's Central Valley.

    • AgFax Rice covering rice production and news in Arkansas, Louisiana, Mississippi, Missouri and Texas.

    • AgFax Peanuts, covering peanut production in Alabama, Arkansas, Florida, Georgia, Louisiana, Mississippi, North Carolina, South Carolina, Texas and Virginia.

    • AgFax Southern Grain: covering soybeans, corn, milo and small grains in Southern states.

    • AgFax Almonds, covering almonds, pistachios, walnuts and other tree crops in California's Central Valley.

    • AgCom 101, providing guidance to ag professionals involved in social media.

    Our newsletters are sponsored by the following companies: FMC Corporation Chemtura Dow AgroSciences.

          

    Mission statement:

    Make it as easy as possible for our community of readers to find and/or receive needed information.

              

    Contact Information:

    AgFax Media. LLC

    142 Westlake Drive Brandon, MS 39047

    601-992-9488 Office

    Owen Taylor Debra L. Ferguson Laurie Courtney

          

    Circulation Questions?

    Contact Laurie Courtney +