Thursday, May 9, 2013

Chicago ULSD

Well as I'm sure most of you (in the Chicago market) have noticed ULSD skyrocketing earlier this week putting the price differential off Group 3 close to .25/gallon.  Anyone looking for cheap diesel in the Chicago market should look to finding supply out of Bettendorf, IA.  HWRT and Growmark have some pretty competitive pricing and they are not gouging based on Chicago basis.  With freight averaging between .10 & .12 per gallon, the savings is still substantial.  This also proves to be a competitive advantage heading into middle/southern Illinois as well as they are making increased profits based on Chicago ULSD basis jumping so high.

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