This Week In Petroleum

Gasoline price increases for a fourth straight week
The U.S. average retail price of regular gasoline reached $3.39 per gallon after rising less than a penny this week. The average price increased over $0.16 per gallon in the last four weeks and was $0.29 per gallon higher than last year at this time. The largest regional increase occurred on the East Coast, a rise of almost two cents to $3.43 per gallon. The Gulf Coast region followed with an increase of a cent to land at $3.21 per gallon. The Midwest moved about a penny higher while the West Coast price was virtually unchanged after increasing just two-tenths of a cent. The West Coast average remained the highest in the Nation at $3.61 per gallon. The Rocky Mountain average decreased for the thirteenth consecutive week, dropping almost a penny to $3.00 per gallon.

The national average diesel price rose for the second consecutive week, increasing over two cents to $3.85 per gallon. The diesel price is $0.45 per gallon higher than last year at this time. The East Coast had the largest regional increase at three and a half cents per gallon to put the price at $3.94 per gallon. The Gulf Coast and Midwest regions both increased just under three cents per gallon to $3.78 per gallon and $3.75 per gallon, respectively. The West Coast average increased just over a penny to the highest regional price of $4.04 per gallon. The Rocky Mountain price went against the trend and decreased two cents to $3.82 per gallon.

U.S. average heating oil price increases
The residential heating oil price increased during the week ending January 16, 2012. The average residential heating oil price rose by $0.02 per gallon this week to reach $3.95 per gallon. This price is $0.50 per gallon higher than the same time last year. The wholesale heating oil price decreased by $0.04 per gallon this week to $3.12 per gallon, $0.38 per gallon higher than last year at this time.
The average residential propane price increased by less than $0.01 per gallon, nearly reaching $2.87 per gallon, which is $0.08 per gallon higher than last year. The average wholesale propane price decreased by $0.05 per gallon to nearly $1.21 per gallon. This was a decrease of $0.25 per gallon when compared with the January 17, 2011 price of $1.45 per gallon.

Propane inventories continue seasonal descent
Total U.S. propane stocks continued to drop last week, falling by 1.1 million barrels to end at 53.2 million barrels, which is at the upper end of the five-year range. The East Coast region led the draw, with stocks dropping by 0.4 million barrels. The Midwest and Gulf Coast regional inventories each fell by 0.3 million barrels and the Rocky Mountain/West Coast stocks declined slightly. Propylene non-fuel use inventories represented 10.0 percent of total propane inventories.

Propane inventories post first major seasonal drop
U.S. inventories of propane marked the first major seasonal outflow with a hefty 2.3-million-barrel drop to end at 56.9 million barrels. With last week's decline, stocks are still positioned in the lower half of the 5-year range for this time of year. The bulk of the draw occurred in the Midwest region, which fell by 1.1 million barrels. Meanwhile, the Gulf Coast regional stocks dropped by 0.9 million barrels, the East Coast was down 0.2 million barrels, and the Rocky Mountain/West Coast inventories declined by 0.1 million barrels. Propylene non-fuel use inventories represented 8.9 percent of total propane inventories.

___________________________________________________

FCA's New Bulk Lubricant's Delivery Truck

Farmers Cooperative Association operates bulk fuel facilities in both Gillette and Sundance, Wyoming, serving all of northeastern Wyoming.  We have a state of the art bulk plant in Gillette built in 2006, adding Sundance bulk fuel in 2007.  Out of these locations FCA owns six bulk fuel delivery trucks along with a dedicated petroleum team to service your fuel needs.  FCA also has the capability to deliver transport deliveries for large users.

We operate a keep-full program which insures you never run out of fuel.  We have specific routes on which we can run the same every month.

Our pricing structure is a cash discount if paid within 10 days of delivery, or 30 day charge (WAC).

Farmers Cooperative Association has the capability to offer forward contracts to customers, which helps reduce the risk and volatility of fuel prices.  Ask us, and we would be happy to explain the program.  We also offer storage tanks for our customers.

Farmers Cooperative Association handles only the highest quality of refined fuels in the industry.  We offer Ruby Fieldmaster diesel fuel for off road requirements, and Roadmaster for on road diesel fuel requirements.

Dennis Dunbar, Petroleum Dept. Manager

Premium Products

Cenex Ruby Fieldmaster has a complete additive package formulated for the rugged demands of agriculture.  Test results prove it!  Rigorous independent testing of Ruby Fieldmaster demonstrated a 4.5% increase in power compared to a standard #2 diesel fuel. 

Cenex Roadmaster is specifically formulated for the rugged demands of today's high-powered diesel engines.  Cenex Roadmaster maximizes engine power, improves fuel economy and protects your engine for less maintenance and longer life. 

For more inforamtion on Cenex Ruby Fieldmaster and Roadmaster, please see  www.Cenex.com.

Farmers Cooperative Association also offers regular unleaded as well as premium gasoline for your convenience.

All products are available for bulk delivery - bobtail and semi loads.

Farmers Cooperative Association also offers Cenex lube oil and greases along with many other products.  These products are available in all quantity sizes and can be delivered on routes.

Please try us, to order call 307-682-4468, 1-800-508-4468, Sundance 307-283-2540

 

Follow the links below to learn more about the benefits of E10 and Ethanol...

DrivingEthanol.org

Ethanol.org

Click here to visit the New York Mercantile Exchange web site

Click here  for information on our Cenex lubricants, including product data sheets, specs and more!