Wednesday, December 12, 2012
150px_diesel_gasoline

Diesel Price Drops 4 Cents

AgFax.Com - Your Online Ag News Source


Gasoline and diesel fuel prices fall again
The national average diesel fuel price decreased four cents to $3.99 per gallon, 10 cents higher than last year at this time. The U.S. average diesel price has been below the $4-per-gallon mark three out of the last five weeks. Prices decreased in all regions of the nation, with the largest decrease coming on the West Coast, where the price declined six cents to $4.04 per gallon. The Rocky Mountain price is $3.94 per gallon, down a nickel from last week. Decreasing four cents, the Midwest price is $3.98 per gallon, and both the East Coast and Gulf Coast prices dropped three cents, to $4.07 per gallon and $3.87 per gallon, respectively.

The U.S. average retail price of regular gasoline decreased five cents to $3.35 per gallon, six cents higher than last year at this time. Prices decreased in all regions of the nation for the second consecutive week, with the largest decrease coming in the Rocky Mountain region, where the price fell eight cents to $3.33 per gallon. The West Coast price has decreased 87 cents since reaching a high for the year in October, and is now $3.54 per gallon, down seven cents from last week. The East Coast, Midwest, and Gulf Coast prices all declined four cents from last week, to $3.42 per gallon, $3.28 per gallon, and $3.12 per gallon, respectively.

 

Propane inventories decline
U.S. propane stocks fell 1.3 million barrels to end at 71.2 million barrels last week, 12.0 million barrels (20 percent) higher than a year ago. Midwest regional inventories dropped by 0.9 million barrels, while Gulf Coast inventories declined by 0.4 million barrels. Rocky Mountain/West Coast stocks dropped by 0.1 million barrels, and the East Coast region gained slightly. Propylene non-fuel-use inventories represented 5.6 percent of total propane inventories.

Residential heating oil prices decrease while residential propane remains flat; wholesale prices see biggest decreases since start of season
Residential heating oil prices declined during the period ending December 10, 2012. The average residential heating oil price fell 4 cents to $3.96 per gallon, nearly 10 cents per gallon higher than the same time last year. Wholesale heating oil prices decreased by 16 cents per gallon last week to $3.06 per gallon, 8 cents per gallon more than last year at this time.

The average residential propane price was unchanged from last week’s price of $2.41 per gallon, 44 cents per gallon lower than the same period last year. Wholesale propane prices decreased by 8 cents to $0.83 per gallon for the week ending December 10, 2012, 60 cents per gallon lower than the December 12, 2011 price.

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

    AFB Grain-Soybean Close: Corn, Wheat Higher, Soybeans See Modest Losses11-26

    AFB Cotton Close: Prices Surge Higher11-26

    AFB Rice Close: Jan, March Chart Bullish Key Reversals11-26

    Energy: N. American Oil Companies See Improved Financial Results in 3rd Quarter11-26

    Residential Heating Oil Prices Lower11-26

    Propane Stocks Fall 2M Barrels11-26

    Gasoline Prices Drop 7 Cents11-26

    Diesel Prices Fall 3 Cents11-26

    Texas: Hopkins County Designated Natural Disaster Area11-26

    Kansas: 4 Counties Declared Natural Disaster Areas11-26

    Alabama: 4 Counties Designated as Primary Disaster Areas11-26

    Texas Pecans: Demand Good but Quality Variable11-26

    Louisiana Pecans: Light Deliveries, Good Buying Interest11-26

    Georgia Pecans: Prices Slightly Higher with Strong Trade11-26

    DTN Livestock Midday: Pressure Develops in Cattle Trade11-26

    DTN Grain Midday: Soybeans Slip 5 to 10 Lower11-26

    Farmers Share What They’re Thankful For — DTN11-26

    GMO Crops Have Facts on Their Side, but Debate Goes on — DTN11-26

    DTN Cotton Open: Posts Slight Gains in Quiet Trade11-26

    Wheat: Make One Last Scouting Trip This Fall — DTN11-26

    Farm Income Down 21%; Expenses Up 5.7% – USDA Forecast11-26

    DTN Livestock Open: Futures to Start on Mixed Basis11-26

    DTN Grain Open: Wheat Leads Markets Higher11-26

    Keith Good: Net Farm Income to Drop 21.1% from 2013, ERS Forecasts11-26

    DTN Livestock Close: Feeder Futures Knocked Hard for 2nd Session11-25

    Livestock: 6 Tips to Fight PEDv This Fall11-25

    Doane Cotton Close: Outside Strength Helps Prices Rebound11-25

    AgFax Cotton Review: New Stink Bug App; India Exports Drop11-25

    DTN Cotton Close: Higher on Light Volume11-25

    Tax Breaks: Waiting for 2014 Equipment Deduction, Biofuel – DTN11-25

    DTN Grain Close: Bean Complex Rallies, Grains Follow11-25

    USDA: Weekly National Peanut Prices11-25

    Georgia: 10 Farm Bill Meetings Scheduled for Mid Dec.11-25

    AgFax Rice Review: Iraq Resumes U.S. Purchases; Cambodia Wins Best Rice Award11-25

    Winter Weather Creates More Problems for Railroads — DTN11-25

    Future of Cellulosic Biofuels in U.S. Questioned — DTN11-25

    AgFax Peanut Review: Growers Urged to Plant Earlier; Texoma Sells Drying Facility11-25

    Shurley on Cotton: New Round of Weakness Sets In11-25

    Welch on Wheat: Crop Condition Down Slightly11-24

    Welch on Grain: Snow Keeps 770M Bushels of Corn in Field11-24

    Farmland Partners Buys 7 South Carolina Farms for $28M11-24

    Livestock: Hog and Pork Prices Return to Reality11-24

    Corn: Breaking Down Stalks Takes Thought, Planning — DTN11-24

    DTN Fertilizer Outlook: Winter’s Arrival May Delay Some Buying11-24

    Brazil Soybeans: Dry Conditions Still Cause for Concern11-24

    Flint on Crops: Low Input Farming May be Necessary in 201511-24

    Midwest Corn And Soybean Yields – Our Readers’ Reports – AgFax11-22

    Rice Comment: The Case for Neonicotinoid Seed Treatment11-22

    U.S. Rice: Rain Stalls Texas 2nd Crop Harvest; Crop Sales Continue11-22

    Rice Market: Sale to Iraq Moves the Market11-22

    Rose on Cotton: Looking for the Positives This Week11-21

    Grain Drying: 6 Questions About Effects Of Sudden Drop In Temps11-21

    Is Your Lifestyle Costing You the Farm?11-21

    Farmers Storing Grain Need to Weigh Risk Management Factors – DTN11-21

    Peanut Harvest Updates From Southeast, Delta And Southwest – AgFax11-21

    Cleveland on Cotton: 57 Cents – ‘The Bottom is In’11-21

    Ag Labor: Immigration Order Provides Little Long-Term Benefit – DTN11-21

    USDA: Peanut Price Highlights11-21

    Ag Policy: Farm Bills Need Long-Term View11-21

    Cotton Market Weekly Review by Region11-21

    Arkansas Cattle: Ranchers Should be Alert to Acorn Poisoning11-21

    Economist: Livestock Industry Will Have Strong Rebound11-21

    DTN Dried Distillers Grain: Cheaper Feed Source for Beef Producers?11-21

    Mississippi Outdoors: Common Deer Parasites Do Not Affect Venison11-21

    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 601-992-3503 Fax

    Owen Taylor Debra L. Ferguson Laurie Courtney

          

    Circulation Questions?

    Contact Laurie Courtney