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

    Feed Outlook: Record Corn Crop on Higher Yields9-15

    DTN Livestock Close: Futures Settle with Mixed Price Action9-15

    Doane Cotton Close: Post-Report Strength Wanes9-15

    DTN Cotton Close: Tumbles to Steep Losses9-15

    Corps of Engineers Vindicated in ’11 Missouri River Basin Flood — DTN9-15

    DTN Grain Close: Corn, Soybeans Higher in Mild Trade9-15

    Cotton Outlook: U.S. Production Cut Nearly 1M Bales9-15

    Oil Crops Outlook: U.S. Soybean Yields To Raise Ending Stocks to 8-Year High9-15

    Wheat Outlook: Higher Imports, Decreased Exports9-15

    DTN Livestock Midday: Mixed Prices Hold Across Complex9-15

    Good on Grain: Revisions to Corn, Soybean Acreage Estimates Possible9-15

    Choose Your Cover Crops Carefully — DTN9-15

    DTN Grain Midday: Corn, Soybeans Slightly Higher9-15

    GMO Critics to Get Their Say at D.C. Hearings — DTN9-15

    Arkansas Forage and Grassland Council Conference Set Oct. 30 in Conway9-15

    DTN Cotton Open: Falls to Sharp Losses on Brisk Volume9-15

    Arkansas Winter Forages: What to Plant and How Much9-15

    DTN Grain Open: Starting the Week Lower Again9-15

    DTN Livestock Open: Futures Staged for Mixed Start9-15

    Flint on Crops: Variety Trials are Worth Your Attention9-15

    Kansas Farmers Can Pursue Prizes for Soybean Yields, Values9-15

    Keith Good: Cargill Sues Syngenta Over GMO Corn Rejected by China9-15

    Farmland Auction: Arkansas, Louisiana, Mississippi Cropland – October 229-14

    Cotton – Southeast – More Cotton Defoliation; Rains Come Too Late – AgFax9-12

    Cotton – Midsouth – Picking Starts, More Cotton Defoliation Begins – AgFax9-12

    Soybeans – South – Variable Soybean Loopers; More Beans Cut – AgFax9-12

    Rice Crop: Harvest Zooms Along in Texas, Louisiana, Starts to Pick Up in the Delta9-12

    Rice Market: USDA Chops 11.5M CWT from Total Supply9-12

    Rose on Cotton: USDA Released a Bearish S&D Report9-12

    Environmental Groups Sue EPA Over Delay in Chlorpyrifos Ban – DTN9-12

    Cleveland on Cotton: Growers, Do Not Price Your Crop Right Now.9-12

    Welch on Wheat: U.S. and World Ending Stocks Increase9-12

    Welch on Grain: Increased Corn Production, Carryover9-12

    AFB Grain-Soybean Close: Soybeans Up, Wheat Lower, Corn Mixed9-12

    AFB Cotton Close: Slight Losses in Dec.9-12

    AFB Rice Close: Futures See More Solid Gains9-12

    Railroad Criticism a Long-Standing Refrain Among Farmers9-12

    Texas Sorghum: Sugarcane Aphids Confirmed on Southern High Plains9-12

    USDA: Peanut Price Highlights9-12

    AgFax Rice Review: New Reservoir for Texas Growers; Continued Drought Problems in California9-12

    Peanut Harvest Gains Momentum In SE, Starts In Delta – AgFax9-12

    Small Farms and the Affordable Care Act9-12

    Georgia: Plains Peanut Festival, September 27, Celebrates Peanuts And Legacy9-12

    Mississippi Outdoors: Litter is Illegal, Unattractive and Even Harmful9-12

    Farming on the Mother Road: Farmers Becoming Sparse in California — DTN9-12

    Cattle at the Crossroads: Impact of Herd Expansion9-12

    Georgia Gains Section 18 To Apply Transform On Grain Sorghum For Sugarcane Aphids9-12

    U.S. Grain Transportation: Total Inspections Highest Since May9-12

    Nimitz, Non-Fumigant Nematicide, Gains EPA Registration9-12

    Grain Transportation: Congress Attempts to Find Rail Delay Solution – DTN9-11

    Texas: Growers Get Financial Help with Organic Certification9-11

    USDA Pegs Average Corn, Soybean Yields at Record Highs – DTN9-11

    USDA: $328M to Conserve Wetlands and Farmland, Boost Economy9-11

    2nd Arkansas Soybean Grower Breaks 100 BPA, and State Record9-11

    Ethanol: 11th Hour RFS Campaigns – DTN9-11

    USDA Adds More Primary Natural Disaster Areas9-11

    Arkansas Soybean Producer Breaks 100-Bushel Barrier 2 Years In A Row9-11

    Shurley on Cotton: No Surprise — Crop Estimate Shrinks9-11

    USDA: Corn, Soybean Production Forecast Raised, Cotton Lowered9-11

    WASDE Cotton: U.S. Production Reduced 1M Bales9-11

    WASDE Rice: U.S. Supplies Reduced 11.5M CWT9-11

    WASDE Oilseeds: U.S. Soybean Projection Up 97M Bushels9-11

    WASDE Coarse Grains: U.S. Corn Production Boosted to 14,395M Bushels9-11

    WASDE Wheat: Projected U.S. Supplies Raised 10M Bushels9-11

    Delaware: Soybean Farmers Urge Neighbors to ‘Share the Road’9-11

    Farm Program Decisions: Choosing Between ARC-CO and PLC9-11

    Livestock: Cattle Market Is Extra Jumpy This Year – DTN9-11

    U.S. Energy: Demand for Ultra-Low Sulfur Diesel Likely to Rise9-11

    Gasoline Prices: Show Marginal Decrease9-11

    Propane Stocks: Inventories Down Slightly9-11

    Diesel Prices: Average Holds Steady9-11

    Farming on the Mother Road: Arizona Ranchers Crave Grass, Water — DTN9-11

    Soybeans, Corn in Midwest Facing Possible Early Frost – AgFax9-10

    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