U.S. Rack Gasoline Prices Climb 40.59cts on Week
3/09 8:43 AM
U.S. Rack Gasoline Prices Climb 40.59cts on Week Miguel E. Andujar DTN Refined Fuels Market Reporter DAVENPORT, FL (DTN) -- Wholesale rack prices for gasoline across the United States moved higher Monday as geopolitical tensions tied to Iran continued to inject risk premium into global energy markets, lifting refined products alongside crude benchmarks. Conventional unleaded gasoline rack prices averaged $2.8281 gallon, an increase of 9.75cts from Friday's $2.7306 gallon, according to DTN data. The national average has climbed 40.59cts since last Monday, when rack gasoline averaged $2.4222 gallon, reflecting the broader rally in crude and refined product futures over the past week. Nationwide ultra-low sulfur diesel (ULSD) rack prices averaged $3.7255 gallon, rising 2.72cts from Friday's $3.6983 gallon. The increase follows last week's sharp advance, when ULSD racks surged more than $1 gallon over the prior week. On gasoline racks, PADD 4 posted the largest increase, rising 10.71cts to $2.5025 gallon, followed by PADD 5, up 8.19cts to $3.4310 gallon. PADD 2 climbed 8.02cts to $2.3201 gallon, while PADD 3 increased 6.58cts to $2.3766 gallon. PADD 1 saw the smallest rise, gaining 6.38cts to $2.4635 gallon, the same data showed. Compared with the national average of $2.8281 gallon, all regions traded at a discount except PADD 5, which stood at a 60.29cts premium to the U.S. benchmark. The deepest discount was seen in PADD 2 at 50.80cts below the national average, followed by PADD 3 at 45.15cts, PADD 1 at 36.46cts, and PADD 4 at 32.56cts below the benchmark. ULSD racks were mixed across the five PADDs. The largest increase occurred in PADD 4, where prices rose 14.57cts to $3.4447 gallon. PADD 5 climbed 2.78cts to $4.2419 gallon, while PADD 1 increased 2.21cts to $3.9025 gallon. PADD 2 edged up 0.58cts to $3.4982 gallon, while PADD 3 slipped 0.20cts to $3.6940 gallon. Relative to the national ULSD rack average of $3.7255 gallon, PADD 5 held the strongest premium at 51.64cts, followed by PADD 1 at 17.70cts above the U.S. benchmark. PADD 3 traded slightly below the national average at a 3.15cts discount, while PADD 2 and PADD 4 stood at 22.73cts and 28.08cts below the national average, respectively. In the futures market, the front-month NYMEX ULSD contract for April delivery traded at $3.8340 gallon, up 30.89cts, while NYMEX RBOB gasoline for April rose 21.05cts to $2.9571 gallon. Crude benchmarks also extended gains, with WTI April crude trading at $101.14 barrel, up $10.19, marking the first time the benchmark has traded above $100 since the first half of 2022 as markets continued to price in geopolitical risk tied to developments in the Middle East. (c) Copyright 2026 DTN, LLC. All rights reserved.