Ethanol and Unleaded Gasoline
Average Rack Prices

As of March 2020, the rack price of ethanol was $0.84 versus $1.14 for unleaded 87–octane gasoline—a difference of 30 cents per gallon. The average ethanol rack price fell 19 cents from last month's price and was down 34 cents from a year ago. Unleaded 87–octane gasoline's average rack price fell 64 cents from last month's price and was 90 cents lower than a year ago. Unleaded 84–octane gasoline's average rack price fell 71 cents compared to last month's price and was $1.00 lower than a year ago.

In Figure 1, the average annual rack prices for each type of fuel are shown.

In Tables 1 and 2 below Figure 1, average ethanol and unleaded 87–octane gasoline rack prices per gallon, F.O.B. Omaha, are given for each month with an average annual rack price for each year from 1982 to the present. In Table 3, average unleaded 84–octane gasoline rack prices per gallon, F.O.B. Omaha, are given for each month with an average annual rack price for each year from 2015 to the present.

This symbol indicates a rule of thumb follows. A general rule of thumb: An increase or decrease in the gasoline rack price is a clear indication of the direction of the gasoline price at the pump.

chart showing Ethanol and Unleaded Gasoline Rack Prices F.O.B. for Omaha, Nebraska.

Fuel Ethanol Average Rack Prices
F.O.B. Omaha, Nebraska, 1982 – 2020
Table 1 of 3

(Price per Gallon)

Fuel/Type
Year
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Annual
Average
Fuel Ethanol
Fuel Ethanol
Fuel/Type
Year
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Annual
Average
2020 $1.15 $1.03 $0.84 NA NA NA NA NA NA NA NA NA NA
2019 $1.09 $1.12 $1.18 $1.17 $1.21 $1.36 $1.31 $1.30 $1.22 $1.39 $1.44 $1.32 $1.26
2018 $1.00 $1.11 $1.25 $1.31 $1.34 $1.40 $1.41 $1.31 $1.20 $1.21 $1.19 $1.08 $1.23
2017 $1.52 $1.51 $1.55 $1.64 $1.62 $1.60 $1.62 $1.64 $1.55 $1.19 $0.98 $0.95 $1.45
2016 $1.43 $1.46 $1.42 $1.54 $1.60 $1.69 $1.64 $1.43 $1.51 $1.58 $1.64 $1.70 $1.55
2015 $1.60 $1.50 $1.53 $1.66 $1.71 $1.62 $1.67 $1.62 $1.61 $1.65 $1.57 $1.52 $1.61
2014 $2.10 $2.02 $2.70 $3.15 $2.44 $2.33 $2.26 $2.24 $2.19 $1.92 $2.38 $2.40 $2.34
2013 $2.32 $2.45 $2.54 $2.55 $2.65 $2.67 $2.58 $2.45 $2.58 $2.16 $2.19 $2.44 $2.47
2012 $2.21 $2.20 $2.29 $2.27 $2.22 $2.13 $2.55 $2.72 $2.52 $2.48 $2.43 $2.40 $2.37
2011 $2.39 $2.44 $2.58 $2.72 $2.72 $2.76 $2.90 $2.94 $2.88 $2.72 $2.88 $2.49 $2.70
2010 $1.95 $1.83 $1.70 $1.60 $1.68 $1.64 $1.62 $1.86 $2.18 $2.33 $2.47 $2.27 $1.93
2009 $1.67 $1.67 $1.62 $1.62 $1.70 $1.81 $1.72 $1.72 $1.69 $1.94 $2.14 $2.15 $1.79
2008 $2.29 $2.31 $2.46 $2.59 $2.73 $2.72 $2.90 $2.75 $2.68 $2.51 $2.10 $1.61 $2.47
2007 $2.26 $2.12 $2.31 $2.37 $2.46 $2.43 $2.51 $2.43 $1.93 $1.79 $2.08 $2.24 $2.24
2006 $2.13 $2.52 $2.42 $2.45 $3.04 $3.58 $3.14 $2.72 $2.33 $1.89 $2.25 $2.43 $2.58
2005 $1.72 $1.56 $1.31 $1.20 $1.20 $1.42 $1.78 $2.07 $2.74 $2.47 $2.09 $1.99 $1.80
2004 $1.40 $1.37 $1.69 $1.80 $1.73 $1.86 $1.68 $1.58 $1.56 $1.87 $1.97 $1.80 $1.69
2003 $1.15 $1.30 $1.44 $1.25 $1.12 $1.27 $1.28 $1.27 $1.38 $1.38 $1.65 $1.72 $1.35
2002 $0.94 $0.94 $1.12 $1.05 $0.95 $1.03 $1.16 $1.35 $1.28 $1.20 $1.25 $1.21 $1.12
2001 $1.77 $1.70 $1.51 $1.46 $1.76 $1.63 $1.41 $1.49 $1.53 $1.36 $1.14 $0.97 $1.48
2000 $1.10 $1.14 $1.14 $1.19 $1.25 $1.35 $1.33 $1.33 $1.48 $1.49 $1.66 $1.72 $1.35
1999 $0.94 $0.95 $1.01 $0.96 $0.95 $0.90 $0.95 $0.95 $0.96 $0.98 $1.09 $1.13 $0.98
1998 $1.16 $1.14 $1.04 $0.96 $0.95 $1.01 $1.06 $1.10 $1.12 $1.10 $1.06 $0.94 $1.05
1997 $1.13 $1.13 $1.13 $1.14 $1.16 $1.08 $1.09 $1.15 $1.19 $1.19 $1.19 $1.18 $1.15
1996 $1.22 $1.23 $1.23 $1.30 $1.37 $1.38 $1.40 $1.54 $1.56 $1.51 $1.30 $1.16 $1.35
1995 $1.25 $1.27 $1.19 $1.16 $1.12 $1.08 $1.08 $1.10 $1.11 $1.11 $1.12 $1.16 $1.15
1994 $1.13 $1.16 $1.13 $1.12 $1.12 $1.19 $1.25 $1.32 $1.26 $1.21 $1.22 $1.18 $1.19
1993 $1.14 $1.23 $1.20 $1.21 $1.19 $1.14 $1.09 $1.12 $1.12 $1.16 $1.11 $1.16 $1.16
1992 $1.22 $1.24 $1.29 $1.32 $1.37 $1.41 $1.35 $1.36 $1.41 $1.38 $1.33 $1.26 $1.33
1991 $1.30 $1.23 $1.25 $1.28 $1.33 $1.27 $1.24 $1.28 $1.21 $1.24 $1.33 $1.28 $1.27
1990 $1.26 $1.23 $1.21 $1.26 $1.29 $1.29 $1.26 $1.52 $1.56 $1.55 $1.50 $1.30 $1.35
1989 $1.15 $1.13 $1.23 $1.40 $1.38 $1.36 $1.31 $1.17 $1.25 $1.24 $1.09 $1.05 $1.23
1988 $1.05 $1.08 $1.09 $1.14 $1.14 $1.14 $1.23 $1.17 $1.13 $1.16 $1.15 $1.13 $1.13
1987 $0.89 $1.01 $1.13 $1.17 $1.36 $1.40 $1.43 $1.43 $1.28 $1.20 $1.12 $1.04 $1.21
1986 $1.52 $1.35 $1.27 $1.22 $1.14 $1.04 $0.95 $1.05 $0.96 $0.84 $0.77 $0.75 $1.07
1985 $1.57 $1.58 $1.57 $1.68 $1.62 $1.62 $1.61 $1.58 $1.59 $1.60 $1.60 $1.55 $1.60
1984 $1.54 $1.54 $1.54 $1.54 $1.54 $1.54 $1.54 $1.54 $1.58 $1.58 $1.56 $1.57 $1.55
1983 $1.69 $1.68 $1.64 $1.70 $1.70 $1.70 $1.70 $1.73 $1.80 $1.65 $1.65 $1.54 $1.68
1982 $1.75 $1.70 $1.66 $1.70 $1.70 $1.70 $1.70 $1.70 $1.70 $1.69 $1.72 $1.75 $1.71

Unleaded Gasoline (87 Octane) Average Rack Prices
F.O.B. Omaha, Nebraska, 1982 – 2020
Table 2 of 3

(Price per Gallon)

Fuel/Type
Year
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Annual
Average
Unleaded Gasoline (87 Octane)
Unleaded Gasoline (87 Octane)
Fuel/Type
Year
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Annual
Average
2020 $1.83 $1.78 $1.14 NA NA NA NA NA NA NA NA NA NA
2019 $1.51 $1.72 $2.04 $2.25 $2.20 $1.93 $2.11 $1.91 $1.99 $1.91 $1.89 $1.82 $1.94
2018 $2.08 $2.05 $2.06 $2.16 $2.31 $2.21 2.26 $2.25 $2.31 $2.22 $1.83 $1.54 $2.11
2017 $1.76 $1.74 $1.76 $1.82 $1.75 $1.64 $1.71 $1.82 $1.95 $1.95 $1.99 $1.84 $1.81
2016 $1.15 $1.02 $1.46 $1.57 $1.74 $1.82 $1.60 $1.73 $1.75 $1.71 $1.55 $1.67 $1.56
2015 $1.43 $1.76 $1.93 $1.89 $2.08 $2.28 $2.28 $2.19 $1.86 $1.91 $1.52 $1.38 $1.88
2014 $2.74 $2.82 $2.95 $2.94 $2.88 $2.97 $2.79 $2.75 $2.68 $2.46 $2.22 $1.73 $2.66
2013 $2.65 $3.14 $3.05 $2.89 $3.23 $2.90 $2.99 $3.02 $2.92 $2.79 $2.61 $2.59 $2.90
2012 $2.69 $2.98 $3.27 $3.16 $2.95 $2.84 $2.87 $3.11 $3.31 $2.93 $2.69 $2.59 $2.95
2011 $2.56 $2.66 $2.99 $3.27 $3.27 $2.97 $3.09 $2.97 $2.90 $2.83 $2.69 $2.60 $2.90
2010 $2.11 $2.03 $2.24 $2.31 $2.15 $2.11 $2.12 $2.09 $2.11 $2.19 $2.21 $2.41 $2.17
2009 $1.26 $1.28 $1.40 $1.43 $1.76 $2.03 $1.99 $2.00 $1.85 $1.99 $2.06 $2.01 $1.76
2008 $2.43 $2.53 $2.67 $2.89 $3.22 $3.37 $3.30 $3.10 $2.94 $2.02 $1.33 $1.07 $2.57
2007 $1.49 $1.74 $2.02 $2.25 $2.66 $2.41 $2.49 $2.33 $2.30 $2.24 $2.52 $2.35 $2.23
2006 $1.75 $1.67 $1.92 $2.22 $2.18 $2.22 $2.39 $2.31 $1.70 $1.62 $1.65 $1.69 $1.94
2005 $1.31 $1.37 $1.60 $1.64 $1.51 $1.60 $1.66 $2.00 $2.20 $1.82 $1.55 $1.63 $1.66
2004 $1.04 $1.10 $1.17 $1.23 $1.45 $1.27 $1.32 $1.27 $1.30 $1.42 $1.32 $1.17 $1.25
2003 $0.92 $1.11 $1.07 $0.95 $0.96 $0.94 $0.98 $1.10 $0.96 $0.98 $0.89 $0.91 $0.98
2002 $0.59 $0.61 $0.81 $0.86 $0.83 $0.82 $0.88 $0.85 $0.88 $0.96 $0.80 $0.85 $0.81
2001 $0.93 $0.91 $0.86 $1.08 $1.24 $0.85 $0.78 $1.01 $1.01 $0.70 $0.60 $0.56 $0.88
2000 $0.81 $0.86 $0.91 $0.98 $0.99 $1.09 $0.87 $0.91 $1.02 $0.98 $0.94 $0.80 $0.93
1999 $0.37 $0.36 $0.57 $0.57 $0.52 $0.55 $0.64 $0.63 $0.71 $0.66 $0.75 $0.74 $0.59
1998 $0.54 $0.47 $0.40 $0.47 $0.47 $0.43 $0.41 $0.38 $0.39 $0.43 $0.37 $0.41 $0.43
1997 $0.63 $0.59 $0.59 $0.56 $0.54 $0.52 $0.54 $0.52 $0.53 $0.52 $0.54 $0.54 $0.55
1996 $0.66 $0.67 $0.74 $0.82 $0.78 $0.71 $0.69 $0.69 $0.60 $0.64 $0.67 $0.65 $0.69
1995 $0.53 $0.56 $0.57 $0.63 $0.67 $0.61 $0.56 $0.57 $0.58 $0.58 $0.61 $0.63 $0.59
1994 $0.46 $0.51 $0.52 $0.55 $0.56 $0.59 $0.63 $0.68 $0.59 $0.52 $0.56 $0.50 $0.56
1993 $0.58 $0.59 $0.66 $0.65 $0.66 $0.62 $0.57 $0.58 $0.58 $0.61 $0.56 $0.46 $0.59
1992 $0.54 $0.57 $0.61 $0.64 $0.69 $0.70 $0.66 $0.65 $0.68 $0.67 $0.62 $0.59 $0.64
1991 $0.77 $0.67 $0.67 $0.73 $0.74 $0.68 $0.68 $0.73 $0.64 $0.64 $0.70 $0.59 $0.69
1990 $0.65 $0.63 $0.62 $0.67 $0.69 $0.67 $0.62 $0.85 $0.94 $0.95 $0.91 $0.76 $0.75
1989 $0.54 $0.52 $0.56 $0.63 $0.64 $0.71 $0.71 $0.56 $0.66 $0.63 $0.58 $0.55 $0.61
1988 $0.48 $0.50 $0.50 $0.57 $0.57 $0.55 $0.60 $0.59 $0.54 $0.51 $0.54 $0.53 $0.54
1987 $0.54 $0.52 $0.54 $0.56 $0.59 $0.61 $0.64 $0.63 $0.57 $0.58 $0.58 $0.49 $0.57
1986 $0.74 $0.60 $0.46 $0.50 $0.58 $0.54 $0.42 $0.47 $0.48 $0.45 $0.47 $0.46 $0.51
1985 $0.74 $0.73 $0.80 $0.88 $0.92 $0.93 $0.93 $0.91 $0.82 $0.82 $0.86 $0.82 $0.85
1984 $0.84 $0.86 $0.87 $0.88 $0.88 $0.87 $0.84 $0.84 $0.84 $0.85 $0.84 $0.74 $0.85
1983 $0.92 $0.88 $0.86 $0.90 $0.94 $0.95 $0.95 $0.95 $0.93 $0.91 $0.89 $0.87 $0.91
1982 $1.04 $1.01 $0.95 $0.90 $0.94 $1.05 $1.06 $1.05 $1.03 $1.02 $0.99 $0.96 $1.00

Unleaded Gasoline (84 Octane) Average Rack Prices
F.O.B. Omaha, Nebraska, 2015 – 2020
Table 3 of 3

(Price per Gallon)

Fuel/Type
Year
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Annual
Average
Unleaded Gasoline (84 Octane)
Unleaded Gasoline (84 Octane)
Fuel/Type
Year
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Annual
Average
2020 $1.70 $1.62 $0.91 NA NA NA NA NA NA NA NA NA NA
2019 $1.40 $1.61 $1.91 $2.09 $2.05 $1.78 $1.90 $1.73 $1.78 $1.76 $1.75 $1.71 $1.79
2018 $1.95 $1.92 $1.93 $2.03 $2.19 $2.10 $2.14 $2.12 $2.20 $2.10 $1.68 $1.44 $1.98
2017 $1.67 $1.64 $1.60 $1.66 $1.59 $1.49 $1.58 $1.69 $1.81 $1.80 $1.87 $1.75 $1.68
2016 $1.05 $0.95 $1.33 $1.38 $1.54 $1.57 $1.43 $1.55 $1.50 $1.51 $1.36 $1.59 $1.40
2015 $1.32 $1.69 $1.82 $1.78 $1.97 $2.03 $1.97 $1.77 $1.57 $1.63 $1.38 $1.25 $1.68

Sources: Nebraska Ethanol Board, Lincoln, NE. Nebraska Energy Office, Lincoln, NE.

Notes: The price excludes discounts and Superfund. The numbers in red indicate revised numbers. NA indicates data is not available.

The tables were updated on April 2, 2020.
Typically, there is one month between updates.

The figure was updated on January 3, 2020.
Typically, there is one year between updates.