U.S. Rack ULSD Falls 9.13cts; Gasoline Down 7.77cts
9/14 7:18 AM
U.S. Rack ULSD Falls 9.13cts; Gasoline Down 7.77cts Miguel E. Andujar DTN Refined Fuels Market Reporter DAVENPORT, FL (DTN) -- Volatility continued in U.S. wholesale rack markets Monday (9/14), with ultra-low sulfur diesel (ULSD) and gasoline prices falling across all five PADDs even as crude oil and refined-product futures rallied on renewed Middle East supply concerns. Nationwide ULSD rack prices averaged $5.2584 gallon, down 9.13cts from the previous trading session's $5.3496 gallon, according to DTN data. Conventional unleaded gasoline rack prices averaged $3.4255 gallon, down 7.77cts from Friday's $3.5032 gallon. The decline in rack prices contrasted with a strong futures rally Monday after drone strikes on Friday forced the shutdown of Saudi Arabia's East-West pipeline, which carries about 4 million bpd of crude to Red Sea export terminals and provides an alternative route around the Strait of Hormuz. NYMEX WTI futures traded above $103 bbl Monday morning, while front-month ULSD advanced above $5 gallon. Refining margins also remained elevated, with the diesel crack trading above $109 bbl and the gasoline crack near $64 bbl, maintaining strong incentives for refiners to maximize fuel production. The weaker rack prices were reflected across regional ULSD markets. Midwest values posted the largest decline, falling 13.37cts to $5.1718 gallon, followed by West Coast prices, which dropped 12cts to $5.9097 gallon. Gulf Coast ULSD fell 9.05cts to $5.1062 gallon, Rocky Mountain values declined 8.71cts to $5.3314 gallon and East Coast prices slipped 4.33cts to $5.0932 gallon. PADD 5 maintained the widest premium to the national average at 65.13cts, while PADD 1 held the largest discount at 16.52cts. Gasoline racks also fell across all five regions. Gulf Coast values posted the largest decline, dropping 9.66cts to $3.2496 gallon, followed by West Coast prices, which fell 8.60cts to $4.1318 gallon. East Coast gasoline declined 7.77cts to $3.2722 gallon, Midwest values fell 6.14cts to $3.2170 gallon and Rocky Mountain prices dropped 4.48cts to $3.9673 gallon. The rack decline came despite stronger RBOB futures, which surged more than 13cts Monday morning to trade above $3.44 gallon. PADD 5 maintained the largest gasoline premium to the national average at 70.63cts, while PADD 2 held the widest discount at 20.85cts. (c) Copyright 2026 DTN, LLC. All rights reserved.