Diesel, Gas Prices See Marginal Declines

Diesel fillup on the farm. ©Debra L Ferguson Stock Photography

The U.S. average diesel fuel price decreased less than 1 cent from last week to remain at $3.22 per gallon on August 13, 2018, 62 cents higher than a year ago. Midwest prices fell over one cent to $3.14 per gallon, Gulf Coast and West Coast prices each decreased by less than one cent to $2.99 per gallon and $3.71 per gallon, respectively, and Rocky Mountain and East Coast prices each decreased less than a cent, remaining virtually unchanged at $3.36 per gallon and $3.22 per gallon, respectively.

The U.S. average regular gasoline retail price decreased nearly 1 cent from last week to $2.84 per gallon on August 13, 2018, up 46 cents from the same time last year. Midwest prices decreased by almost three cents to $2.75 per gallon, West Coast prices fell over one cent to $3.33 per gallon, and Gulf Coast prices decreased less than a cent, remaining virtually unchanged at $2.59 per gallon. Rocky Mountain prices rose two cents to $2.94 per gallon, and East Coast prices increased slightly, remaining virtually unchanged at $2.80 per gallon.

U.S. propane/propylene stocks increased by 3.4 million barrels last week to 69.8 million barrels as of August 10, 2018, 7.4 million barrels (9.6%) lower than the five-year (2013-2017) average inventory level for this same time of year. Gulf Coast, Midwest, East Coast, and Rocky Mountain/West Coast inventories increased by 1.9 million barrels, 0.8 million barrels, 0.7 million barrels, and 0.1 million barrels, respectively. Propylene non-fuel-use inventories represented 4.2% of total propane/propylene inventories.


The Latest


Send press releases to Ernst@Agfax.com.

View All Events


Send press releases to Ernst@Agfax.com.

View All Events