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Tag Archives: diesel

FERTILIZER REPORT

The Illinois Department of Agriculture’s Fertilizer Report shows lower prices for virtually all products, except 28%.  The average price for diesel fuel was $2.16/gal.

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Transportation Coalition

Transportation for Illinois coalition in Springfield today presented its funding source for a capital plan.  It includes higher fuel taxes, ending ethanol credit. The coalition wants to raise the state gas tax 4 cents, diesel tax up 7 cents, plus raise vehicle registration fees and tax repairs & oil changes.

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FUEL PRICES

Agricultural producers in wide parts of the country are experiencing an easing in gas and diesel prices not seen in years. Gas prices for this time of year are the lowest since 2010 when they ran well under $3 per gallon. Diesel fuel is at its lowest price since 2012.

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ENERGY OUTLOOK

The U.S. annual average regular gasoline retail price, which averaged $3.51/gal in 2013, is projected to increase to an average of $3.54/gal in 2014 before falling to $3.45/gal in 2015. Diesel fuel prices, which averaged $3.92/gal in 2013, are projected to average $3.93/gal in 2014 and $3.88/gal in 2015, according to the Energy Information Administration.

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