U.S. Rack ULSD Jumps to $5.37; Gasoline Up 16.13cts


   
Miguel E. Andujar
DTN Refined Fuels Market Reporter

   DAVENPORT, FL (DTN) -- U.S. wholesale ultra-low sulfur diesel (ULSD) rack 
prices rose in all five PADDs on Friday (9/11), as diesel futures remained 
above $5 gallon for the first time on record as the escalation in the Middle 
East continues. Gasoline racks also increased across all regions.

   Nationwide ULSD rack prices averaged $5.3657 gallon, up 16.10cts from the 
previous trading session. Friday's average was double the price recorded in the 
same day of last year when it stood at $2.5842 gallon, according to DTN data.

   Conventional unleaded gasoline rack prices averaged $3.5032 gallon, up 
16.13cts from Thursday. The national average stood 54.9% above the $2.2613 
gallon reported the previous year.

   The bullish sentiment was supported by a futures rally as the NYMEX WTI 
futures contract reached a session high of $104.46 bbl before paring gains to 
trade above $99 bbl Friday morning. Strength was especially pronounced in 
distillates, with front-month New York Harbor ULSD hitting an all times record 
of $5 gallon for the first time on record.

   Strong refining margins added support to the diesel market. The diesel crack 
spread traded above $112 bbl for the first time, compared with a gasoline crack 
above $41 bbl, giving refiners a strong incentive to maximize distillate 
production.

   That strength was reflected across regional ULSD racks. West Coast values 
posted the largest increase, rising 22.60cts to $6.0297 gallon on the day, 
followed by Gulf Coast prices, which jumped 19.77cts to $5.1968 gallon. Midwest 
ULSD increased 19.41cts to $5.3055 gallon, Rocky Mountain values rose 17.69cts 
to $5.4185 gallon and East Coast prices advanced 7.10cts to $5.1885 gallon. 
PADD 5 maintained the widest premium to the national average at 66.40cts, while 
PADD 1 held the largest discount at 17.72cts.

   Gasoline racks also rebounded sharply on Friday after falling across all 
regions Thursday. East Coast values rose 17.60cts to $3.3499 gallon, Gulf Coast 
gasoline climbed 16.99cts to $3.3462 gallon and Midwest prices increased 
15.78cts to $3.2783 gallon. Rocky Mountain values rose 14.77cts to $4.0122 
gallon and West Coast gasoline added 13.03cts to $4.2178 gallon.

   The gasoline rebound mirrored a hike on RBOB futures, which reached a 
session high of $3.4698 gallon before retreating to around $3.3467 gallon. PADD 
5 maintained the largest gasoline premium to the national average at 71.46cts, 
while PADD 2 held the widest discount at 22.49cts.

    




(c) Copyright 2026 DTN, LLC. All rights reserved.