Star Oilco

Crude oil is trading below $75 this past week, at a current price of $74.11/barrel. This is $0.45 higher than it was last week. Despite the rise, oil prices are still relatively low. With increased concerns of war in the Middle East, many fear oil prices may be bound to jump at any time but this has yet to happen.

Crude oil is the main ingredient for gasoline and diesel. Per AAA, on average about 50% of what you pay at the pump is the price of crude oil, breaking down as 25% refining, 11% distribution & marketing, and 14% taxes—a helpful breakdown for consumers wondering why they are paying the prices that they pay. Crude Oil is trading at $74.11/barrel compared to $73.66/barrel, last week and $81 a year ago.

It’s essential to recognize that fuel prices result from a complex interplay of the factors mentioned above and other factors regionally. Additionally, prices may vary by specific regions within Oregon and Washington. For the most precise and up-to-date information on fuel prices and the causes for these price changes within your area, use the links below for AAA & GasBuddy.

If you have any questions, feel free to contact Star Oilco and speak to one of our fuel market advisors to discuss how the market can impact your business.

For other news in the fuel market:

Join the Fuel Market Report newsletter for your weekly fill of updates!

October 10, 2024

Fuel Market Report: Sept 29th – Oct 5th, 2024 https://staroilco.net/wp-content/uploads/2023/12/trailer-trucks-driving-road-surrounded-by-beautiful-green-trees-1024x683.jpg 1024 683 Star Oilco Star Oilco //staroilco.net/wp-content/uploads/2022/10/StarOilco-Logo-RGB-C-Lg-Simple.png October 10, 2024 October 10, 2024

Fuel Market Report: Sept 29th – Oct 5th, 2024

Wholesale Price Average 10/5/24

	Wholesale Low	Wholesale Avg
E10	$2.05	$2.28
B5	$2.24	$2.58
B20	$2.28	$2.57

Average Retail Prices 10/5/24

	National	Oregon	Washington
E10	$3.18	$3.68	$4.04
B5	$3.59	$3.81	$4.35

Taxes

	Federal	State: OR	Local	State: WA
Gas	$0.184	$0.40	$0-.13	$0.494
Diesel	$0.244	$0.40	$0-.13	$0.494

Oregon Fuel Price Variance

Fuel Market News

Fuel prices jumped across the board this past week as rack averages are up in all product categories. Rack averages for E10 jumped $0.15/gal while B5 and B20 jumped over $0.17/gal. This is the largest jump we have seen in months. However, these shifts did not hit the retail market as the retail average only moved less than $0.05. The past weeks have been filled with stipulations on inflation due to the long shoremen strike and logistical challenges. Fortunately, the strike has been resolved for the time being and workers are back to the ports. Due to the resolution, we should see prices trickle back down over the next week.

US crude oil prices dipped below $70/barrel three weeks ago for the first time in a year pushing fuel prices lower across the board. Oil prices are still below $75/barrel. There are worries that OPEC+ may delay production increases into the fall which may cause upticks in domestic supply with low demand and further price dips.

Reasons For Price Variance

Oil Prices Below $75

Crude oil is trading below $75 this past week, at a current price of $73.66/barrel. This is $5.31 higher than it was last week. Despite the rise, oil prices are still relatively low.

Crude oil is the main ingredient for gasoline and diesel. Per AAA, on average about 50% of what you pay at the pump is the price of crude oil, breaking down as 25% refining, 11% distribution & marketing, and 14% taxes—a helpful breakdown for consumers wondering why they are paying the prices that they pay. Crude Oil is trading at $73.66/barrel compared to $68.35/barrel, last week and $79 a year ago.

If you have any questions, feel free to contact Star Oilco and speak to one of our fuel market advisors to discuss how the market can impact your business.

For other news in the fuel market:

Join the Fuel Market Report newsletter for your weekly fill of updates!

October 1, 2024

Fuel Market Report: Sept 22nd – Sept 28th, 2024 https://staroilco.net/wp-content/uploads/2023/12/trailer-trucks-driving-road-surrounded-by-beautiful-green-trees-1024x683.jpg 1024 683 Star Oilco Star Oilco //staroilco.net/wp-content/uploads/2022/10/StarOilco-Logo-RGB-C-Lg-Simple.png October 1, 2024 October 1, 2024

Fuel Market Report: Sept 22nd – Sept 28th, 2024

Wholesale Price Average 9/28/24

	Wholesale Low	Wholesale Avg
E10	$2.05	$2.13
B5	$2.24	$2.41
B20	$2.28	$2.44

Average Retail Prices 9/28/24

	National	Oregon	Washington
E10	$3.22	$3.66	$4.05
B5	$3.57	$3.88	$4.33

Taxes

	Federal	State: OR	Local	State: WA
Gas	$0.184	$0.40	$0-.13	$0.494
Diesel	$0.244	$0.40	$0-.13	$0.494

Oregon Fuel Price Variance

Fuel Market News

Fuel prices experienced mixed variation this past week within the Portland market. Rack averages for E10 gasoline have continued to drop with prices down $0.13 this past week. Rack averages for diesel jumped with B5 up $0.04/gal and B20 up $0.09/gal. Stations throughout Oregon are still making the switch to the winter blend of fuel and this should continue into October as some are still lagging behind. Prices can be expected to fall into the month of October with lower demand and higher supply throughout the region, combined with the winter blend of fuel which is cheaper to manufacture.

US crude oil prices dipped below $70/barrel two weeks ago for the first time in a year pushing fuel prices lower across the board. There are worries that OPEC+ may delay production increases into the fall which may cause upticks in domestic supply with low demand and further price dips.

Reasons For Price Variance

Oil Prices Below $70

Crude oil is trading below $70 this past week, at a current price of $68.35/barrel. This is $2.00 lower than it was last week.

Crude oil is the main ingredient for gasoline and diesel. Per AAA, on average about 50% of what you pay at the pump is the price of crude oil, breaking down as 25% refining, 11% distribution & marketing, and 14% taxes—a helpful breakdown for consumers wondering why they are paying the prices that they pay. Crude Oil is trading at $68.35/barrel compared to $70.45/barrel, last week and $80 a year ago.

If you have any questions, feel free to contact Star Oilco and speak to one of our fuel market advisors to discuss how the market can impact your business.

For other news in the fuel market:

Join the Fuel Market Report newsletter for your weekly fill of updates!

September 24, 2024

Fuel Market Report: Sept 15th – Sept 21st, 2024 https://staroilco.net/wp-content/uploads/2023/12/trailer-trucks-driving-road-surrounded-by-beautiful-green-trees-1024x683.jpg 1024 683 Star Oilco Star Oilco //staroilco.net/wp-content/uploads/2022/10/StarOilco-Logo-RGB-C-Lg-Simple.png September 24, 2024 September 24, 2024

Fuel Market Report: Sept 15th – Sept 21st, 2024

Wholesale Price Average 9/22/24

	Wholesale Low	Wholesale Avg
E10	$2.15	$2.26
B5	$2.23	$2.37
B20	$2.24	$2.35

Average Retail Prices 9/22/24

	National	Oregon	Washington
E10	$3.21	$3.71	$4.12
B5	$3.58	$3.90	$4.37

Taxes

	Federal	State: OR	Local	State: WA
Gas	$0.184	$0.40	$0-.13	$0.494
Diesel	$0.244	$0.40	$0-.13	$0.494

Oregon Fuel Price Variance

Fuel Market News

Fuel prices are down again this past week. Rack averages for E10 fell $0.15/gal while B5 dropped just $0.04/gal and B20 dropped $0.02/gal. The retail market did not see much of these price fluctuations as the retail average for gasoline in Portland dropped just $0.04 while jumping $0.03 for diesel. Refineries throughout California have had their seasonal maintenance in the past weeks which has caused reduced outputs of production affecting Oregon, Nevada, and Washington. September 22nd marked the official beginning of the autumn season. With winter fuel returning to supply within the market, we should see prices continue to drop over the coming weeks.

US crude oil prices dipped below $70/barrel last week for the first time in a year pushing fuel prices lower across the board. There are worries that OPEC+ may delay production increases into the fall which may cause upticks in domestic supply with low demand and further price dips.

Reasons For Price Variance

Oil Prices Below $80

Crude oil is trading slightly above $70 this past week, at a current price of $70.45/barrel, as oil prices are at the same level they were last week. This is the first time this year that the market has experienced this.

Crude oil is the main ingredient for gasoline and diesel. Per AAA, on average about 50% of what you pay at the pump is the price of crude oil, breaking down as 25% refining, 11% distribution & marketing, and 14% taxes—a helpful breakdown for consumers wondering why they are paying the prices that they pay. Crude Oil is trading at $70.45/barrel compared to $70.44/barrel, last week and $81 a year ago.

If you have any questions, feel free to contact Star Oilco and speak to one of our fuel market advisors to discuss how the market can impact your business.

For other news in the fuel market:

Join the Fuel Market Report newsletter for your weekly fill of updates!

September 21, 2024

Clear Premium Non-Ethanol Gasoline https://staroilco.net/wp-content/uploads/2024/06/different-colours-gas-station-pumps-683x1024.jpg 683 1024 Star Oilco Star Oilco //staroilco.net/wp-content/uploads/2022/10/StarOilco-Logo-RGB-C-Lg-Simple.png September 21, 2024 September 21, 2024

Clear Premium Non-Ethanol Gasoline

Do you need Non-Ethanol Gasoline in the Portland, Oregon area?

If you are looking for Non-Ethanol Premium Gasoline delivered to your bulk tank or available at a Commercial Cardlock, Star Oilco has your needs covered in the Pacific Northwest.

Premium Unleaded without Ethanol Content

Nonoxy Premium is the fuel you want in a gasoline tank if you are storing equipment with a full tank of fuel.

Premium gasoline without any ethanol blended into it goes by several names. Clear premium unleaded, Non-Oxy (non-oxygenated) premium, nonethanol gasoline, or Clear 91 Octane are a few of the terms used. Regardless of what it is called, getting gasoline without ethanol in the Portland, Oregon area requires buying a premium rated gasoline.

Call Us Today

Clear Gasoline Premium bulk tank delivery

Why is the only ethanol free gasoline in Oregon and Washington premium grade of 92 octane?

This is because of several laws in Oregon as well as Washington that require the blending of 10% ethanol with all gasoline with the exception of premium grades for small engines, classic cars, aviation uses, and other type specification needs.

With the blend requirements for 10% ethanol this changed the way gasoline was supplied in the Pacific Northwest. This was caused by the octane ratings of gasoline. Regular gasoline is a 87 octane rating. E98 ethanol has a 107 octane rating. With this blend requirement, the gasoline changed to account for the high octane of ethanol. So refiners and sellers of gasoline began to use what the industry calls a “sub-octane” gasoline at 85 octane because the guaranteed blend of 10% ethanol would boost the octane rating back up to 87 octane.

This is usually where people ask: “Why does this effect premium unleaded as well, and why the heck is clear premium so expensive?”

There are three reasons nonoxygenated gas costs more:

1- Ethanol is a lower cost fuel than gasoline, so less ethanol means a slight higher price of the fuel.

2- Fewer terminals carry a non-ethanol option for Premium unleaded reducing options for customers demanding the fuel and therefore higher prices.

3- CO2 regulations have raised the cost of fuels without biofuel blends in them as well.

REASON 1

The reason why is for several decades before the 10% ethanol blend mandate, the industry has been upgrading retail gas stations, cardlocks, and truckstops to blend regular gasoline and premium gasoline to the midgrade gasoline at the island. With a 10% ethanol blend mandate for regular unleaded and midgrade this required any and all retailers with blending pumps to use E10 (10% ethanol) premium to be legal with their midgrade product sold. This also means that a non-ethanol premium pump requires a stand alone pump, line set up, and infrastructure need.

REASON 2

The blend mandates for gasoline caused all of the major branded gas station chains to move to a defacto 10% blend at the terminal level reducing availability of non-ethanol or “Clear” premium gasolines. With far fewer petroleum terminals, brokers, refiners, and other upstream wholesale dealers of gasoline exiting the non-ethanol gasoline market due to far lower volumes of it, the price went up. This also means that there is far less volume of ethanol free premium unleaded being sold at the wholesale level. Reducing the volume of sales of a single fuel grade raises the cost risk in a volatile commodity market like gasoline.

REASON 3

Recently the entire western coastal states (Oregon, Washington, and California) passed laws around CO2 emissions and liquid fuels like gasoline. This means that there is a cost for fossil fuels over biofuels which prices into the gallon of fuel. The less biofuel the higher the CO2 cost for those buying it. Add to that the western states have Cap and Invest rules which put a total limit on volumes of fossil fuels. These “Cap at the Rack” charges for fossil fuel have been as high as a full $1 for a gallon of fossil fuel in past years. Cap at the Rack charges on fossil fuel gasoline is usually in the $.40 a gallon added cost range of the price you pay.

If Clear Premium Gas is so expensive why do people still use it?

It is the optimal fuel for small engines that have a habit of being stored for long periods of time without use. Nonethanol fuel stores stable for a longer time and has a better cold start performance than an E10 gasoline fuel that has sat for over a year. Add to that it also does not absorb water or impact plastic/rubber/elastomer seals in equipment. That is why people prefer it. Sure, the limited availability of terminals carrying this product makes it a specialty in Oregon and Washington. But the added cost is worth it for sensitive low tolerance engines or for vehicles with long periods of storage between uses.

Choose Star Oilco as your fuel provider for your clear premium non-ethanol gasoline

emergency-back-up-fuel-backup-generators

September 20, 2024

Backup Generator Fuel https://staroilco.net/wp-content/uploads/2023/08/1-1024x1024.png 1024 1024 Star Oilco Star Oilco //staroilco.net/wp-content/uploads/2022/10/StarOilco-Logo-RGB-C-Lg-Simple.png September 20, 2024 November 15, 2024

Backup Generator Fuel

Star Oilco Generator Refueling Service in the Portland area.

Line up a Generator Diesel Keep Full account with Star Oilco before the bad weather.

We will keep your generator fuel tank full before the power outage happens and keep it full while you rely on it. Choose Star Oilco for your emergency back up generator fuel in Portland, Oregon and Vancouver, Washington.

Remember that ordering diesel for your generator is a specialized service.

You want to stabilize and treat your diesel for generators and other back up equipment.

Order fuel treated for long term storage!

We often receive questions about backup generators, backup water pumps, and other emergency equipment. Fueling these critical pieces of equipment is a special kind of fueling service but we’re here to answer all your questions. We also encourage you to call with questions about generator fuel. If you have questions about your building’s back up diesel generator’s fuel quality in the Portland, Oregon area we will sample and test your fuel at not cost with if you have an account with Star Oilco.

Generator Fuel is a specially treated oxidative stabalized off-road fuel designed to store for years.

Fuel for a backup generator is a specialized product. Besides the fuel, the service itself takes a vendor who understands your needs and can keep you up and running in an emergency.

Generators take off-road diesel, of course, but you want an ultra low sulfur diesel to ensure it works with modern emission systems. Some companies may deliver a higher sulfur heating oil product that looks the same but can foul the emission systems of your equipment.

Beyond just the service provided by a truck and driver, you also want a vendor who offers a fuel stabilizer and biocide for the special long term storage needs of your backup generator. Star Oilco recommends you add a biocide and long term storage stabilizer to your fuel to ensure it is good whenever you need it. We use Valvtect Bioguard Plus 6 for generators, emergency water pumps, backup boiler fuel, and other long term storage purposes. This product kills any existing biological growth and stabilizes your fresh diesel fuel for long term storage. Make sure your diesel is ready the next time you need backup power.

As a complimentary service to our customers, Star Oilco will also test fuel for its quality. If you want to confirm fuel quality at the time of a top off, let us know and we will ensure the driver has a sample kit to get your backup fuel tested for peace of mind.

Feel free to message us if you need a backup tank filled. If you are in charge of Corporate Fueling, please call with any questions you may have.

Keep it simple with Star Oilco. We make it easy for you to be prepared.

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September 17, 2024

Fuel Market Report: Sept 8th – Sept 14th, 2024 https://staroilco.net/wp-content/uploads/2023/12/trailer-trucks-driving-road-surrounded-by-beautiful-green-trees-1024x683.jpg 1024 683 Star Oilco Star Oilco //staroilco.net/wp-content/uploads/2022/10/StarOilco-Logo-RGB-C-Lg-Simple.png September 17, 2024 September 17, 2024

Fuel Market Report: Sept 8th – Sept 14th, 2024

Wholesale Price Average 9/15/24

	Wholesale Low	Wholesale Avg
E10	$2.29	$2.41
B5	$2.30	$2.41
B20	$2.28	$2.37

Average Retail Prices 9/15/24

	National	Oregon	Washington
E10	$3.30	$3.75	$4.15
B5	$3.60	$3.93	$4.41

Taxes

	Federal	State: OR	Local	State: WA
Gas	$0.184	$0.40	$0-.13	$0.494
Diesel	$0.244	$0.40	$0-.13	$0.494

Oregon Fuel Price Variance

Fuel Market News

This past week oil prices and gasoline demand remained low. The wholesale market in Portland saw significant price dumps on diesel as rack averages for B5 and B20 fell $0.18/gal, while E10 jumped up $0.03/gal. The retail markets did not see this trickle down much as the retail average for both gas and diesel only moved a penny. The national average price of gasoline did drop $0.17/gal, but Oregon did not see this hit their markets. With demands still low and the winter blend of fuel coming back to the market, we can expect prices to remain relatively low over the next few weeks.

Reasons For Price Variance

Oil Prices Below $80

Phase Out Of B5 In Portland

Crude oil is trading slightly above $70 this past week, at a current price of $70.44/barrel, $1.69 higher than last week, as oil prices trended upward for the first time in 3 weeks.

If you have any questions, feel free to contact Star Oilco and speak to one of our fuel market advisors to discuss how the market can impact your business.

For other news in the fuel market:

Oil Prices Below $70 For The First Time In Weeks

Join the Fuel Market Report newsletter for your weekly fill of updates!

September 10, 2024

Fuel Market Report: Sept 1st – Sept 7th, 2024 https://staroilco.net/wp-content/uploads/2023/12/trailer-trucks-driving-road-surrounded-by-beautiful-green-trees-1024x683.jpg 1024 683 Star Oilco Star Oilco //staroilco.net/wp-content/uploads/2022/10/StarOilco-Logo-RGB-C-Lg-Simple.png September 10, 2024 September 10, 2024

Fuel Market Report: Sept 1st – Sept 7th, 2024

Wholesale Price Average 9/7/24

	Wholesale Low	Wholesale Avg
E10	$2.22	$2.38
B5	$2.48	$2.59
B20	$2.43	$2.54

Average Retail Prices 9/7/24

	National	Oregon	Washington
E10	$3.37	$3.76	$4.16
B5	$3.65	$3.94	$4.42

Taxes

	Federal	State: OR	Local	State: WA
Gas	$0.184	$0.40	$0-.13	$0.494
Diesel	$0.244	$0.40	$0-.13	$0.494

Oregon Fuel Price Variance

Fuel Market News

Gas prices increased while diesel prices wavered down this past week. Rack averages for E10 jumped $0.06/gal, while B5 and B20 both dropped over $0.05/gal. September 22nd marks the beginning of autumn as we disband from the summer season and enter autumn and winter. September 15th the winter blend of fuel will slowly make its way back into the market which may cause supply bottlenecks, and price jumps over the next few weeks.

Imports of Renewable Diesel increased to start off 2024 per EIA. The rise of renewable fuels has begun to soak up demand for higher petroleum blends of fuel, as many cities around the country are beginning to develop renewable fuel standards. Many cities within the Pacific Northwest are leading this charge as The City of Portland has continued its push for completely renewable diesel by 2030.

Reasons For Price Variance

Phase Out Of B5 In Portland

Crude oil is trading below $70 for the first time in the last eleven weeks, at a current price of $68.75/barrel, $6.06 lower than last week, as oil prices trended downward for the second straight week.

Crude oil is the main ingredient for gasoline and diesel. Per AAA, on average about 50% of what you pay at the pump is the price of crude oil, breaking down as 25% refining, 11% distribution & marketing, and 14% taxes—a helpful breakdown for consumers wondering why they are paying the prices that they pay. Crude Oil is trading at $68.75/barrel compared to $74.81/barrel, last week and $79 a year ago.

If you have any questions, feel free to contact Star Oilco and speak to one of our fuel market advisors to discuss how the market can impact your business.

For other news in the fuel market:

Oil Prices Below $80 For The Seventh Time In 10 Weeks

Join the Fuel Market Report newsletter for your weekly fill of updates!

September 3, 2024

Fuel Market Report: Aug 25th – Aug 31st, 2024 https://staroilco.net/wp-content/uploads/2023/12/trailer-trucks-driving-road-surrounded-by-beautiful-green-trees-1024x683.jpg 1024 683 Star Oilco Star Oilco //staroilco.net/wp-content/uploads/2022/10/StarOilco-Logo-RGB-C-Lg-Simple.png September 3, 2024 September 17, 2024

Fuel Market Report: Aug 25th – Aug 31st, 2024

Wholesale Price Average

	Wholesale Low	Wholesale Avg
E10	$2.26	$2.32
B5	$2.54	$2.65
B20	$2.52	$2.61

Average Retail Prices

	National	Oregon	Washington
E10	$3.32	$3.77	$4.16
B5	$3.68	$3.95	$4.41

Taxes

	Federal	State: OR	Local	State: WA
Gas	$0.184	$0.40	$0-.13	$0.494
Diesel	$0.244	$0.40	$0-.13	$0.494

Oregon Fuel Price Variance

Fuel Market News

Prices jumped across the board this past week, as gas and diesel both went up in price on their rack averages. Rack averages for E10 jumped $0.05/gal while B5 & B20 jumped $0.04/gal. The Labor Day weekend didn’t see much of a price jump compared to years past. Current retail prices are nearly a dollar lower than they were last year. With low demands, fuel prices stayed low throughout the summer. This month the winter blend of fuel will come back to the market, likely seeing an uptick in price.

Reasons For Price Variance

Phase Out Of B5 In Portland

Crude oil is trading below $80 for the seventh time in ten weeks, at a current price of $74.81/barrel, $4.14 lower than last week, as oil prices trended downward this past week.

Crude oil is the main ingredient for gasoline and diesel. Per AAA, on average about 50% of what you pay at the pump is the price of crude oil, breaking down as 25% refining, 11% distribution & marketing, and 14% taxes—a helpful breakdown for consumers wondering why they are paying the prices that they pay. Crude Oil is trading at $70.67/barrel compared to $74.81/barrel, last week and $75 a year ago.

If you have any questions, feel free to contact Star Oilco and speak to one of our fuel market advisors to discuss how the market can impact your business.

For other news in the fuel market:

Join the Fuel Market Report newsletter for your weekly fill of updates!

August 28, 2024

Fuel Market Report: Aug 18th – Aug 24th, 2024 https://staroilco.net/wp-content/uploads/2023/12/trailer-trucks-driving-road-surrounded-by-beautiful-green-trees-1024x683.jpg 1024 683 Star Oilco Star Oilco //staroilco.net/wp-content/uploads/2022/10/StarOilco-Logo-RGB-C-Lg-Simple.png August 28, 2024 August 28, 2024

Fuel Market Report: Aug 18th – Aug 24th, 2024

Oregon Fuel Price Variance

Fuel Market News

The fuel market experienced a mix of price fluctuations this past week. Rack averages for gasoline dropped while diesel went up. The rack average for E10 fell $0.10/gal, while B5 jumped $0.10/gal and B20 inched up $0.03/gal. The summer blend of fuel is soon to be leaving the market on September 15th, as refineries switch back to the winter blend of fuel. This will likely cause supply bottlenecks and increases in price for fuel across the board. During this time refineries often slow operation and experience down times as they make the switch to winter fuel.

Reasons For Price Variance:

Crude oil is trading below $80 for the sixth time in ten weeks, at a current price of $74.81/barrel, $0.35 higher than last week, as oil prices trend upward slightly this past week.

Crude oil is the main ingredient for gasoline and diesel. Per AAA, on average about 50% of what you pay at the pump is the price of crude oil, breaking down as 25% refining, 11% distribution & marketing, and 14% taxes—a helpful breakdown for consumers wondering why they are paying the prices that they pay. Crude Oil is trading at $74.46/barrel compared to $74.46/barrel, last week and $76 a year ago.

If you have any questions, feel free to contact Star Oilco and speak to one of our fuel market advisors to discuss how the market can impact your business.

For other news in the fuel market: