Ethanol and Unleaded Gasoline Average Rack Prices
As of February 2025, the rack price of ethanol was $1.80 versus $2.31 for unleaded 87–octane gasoline—a difference of 51 cents per gallon. The average ethanol rack price was seven cents higher from last month's price and 22 cents higher from last year. Unleaded 87–octane gasoline's average rack price was seven cents higher than last month's price but 15 cent lower from last year. Unleaded 84–octane gasoline's average rack price was nine cents higher from last month's price but five cents lower from last year.
In Figure 1, the average annual rack prices for each type of fuel are shown.
In Table 1 and Table 2 below, 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.
Note: A new reporting method for fuel ethanol prices to include the RIN started in April 2021. January through March 2021 have also been revised using the new method so that the whole year will be consistent.
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.
Fuel Ethanol Average Rack Prices F.O.B. Omaha, Nebraska, 2020 – 2025
Table 1 of 3
(Price per Gallon)
| Fuel Ethanol1 | |||||||||||||
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Annual Average |
| 2025 1 | $1.73 | $1.80 | NA | NA | NA | NA | NA | NA | NA | NA | NA | NA | NA |
| 2024 1 | $1.66 | $1.58 | $1.63 | $1.71 | $1.83 | $1.97 | $1.99 | $1.91 | $1.84 | $1.68 | $1.70 | $1.69 | $1.77 |
| 2023 1 | $2.36 | $2.29 | $2.31 | $2.48 | $2.54 | $2.62 | $2.62 | $2.33 | $2.44 | $2.38 | $2.02 | $1.82 | $2.35 |
| 2022 1 | $2.22 | $2.17 | $2.49 | $2.64 | $2.82 | $2.91 | $2.80 | $2.72 | $2.77 | $2.70 | $2.73 | $2.39 | $2.61 |
| 2021 1 | $1.55 | $1.73 | $1.87 | $2.15 | $2.62 | $2.53 | $2.37 | $2.35 | $2.52 | $2.62 | $3.42 | $3.11 | $2.40 |
| 2020 | $1.15 | $1.03 | $0.84 | $0.59 | $0.75 | $0.85 | $0.91 | $0.87 | $0.95 | $0.94 | $0.78 | $0.60 | $0.86 |
Unleaded Gasoline (87 Octane) Average Rack Prices F.O.B. Omaha, Nebraska, 2020 – 2025
Table 2 of 3
(Price per Gallon)
| Unleaded Gasoline (87 Octane) | |||||||||||||
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Annual Average |
| 2025 | $2.24 | $2.31 | NA | NA | NA | NA | NA | NA | NA | NA | NA | NA | NA |
| 2024 | $2.23 | $2.46 | $2.72 | $2.76 | $2.63 | $2.58 | $2.68 | $2.56 | $2.40 | $2.35 | $2.11 | $2.09 | $2.46 |
| 2023 | $2.77 | $2.71 | $2.74 | $2.98 | $2.85 | $2.84 | $2.95 | $3.15 | $3.24 | $2.72 | $2.41 | $2.23 | $2.80 |
| 2022 | $2.55 | $2.79 | $3.28 | $3.30 | $3.73 | $4.31 | $3.57 | $3.05 | $3.13 | $3.15 | $2.76 | $2.36 | $3.17 |
| 2021 | $1.63 | $1.92 | $2.20 | $2.17 | $2.24 | $2.30 | $2.43 | $2.39 | $2.33 | $2.51 | $2.39 | $2.20 | $2.23 |
| 2020 | $1.83 | $1.78 | $1.14 | $0.63 | $1.06 | $1.30 | $1.36 | $1.37 | $1.34 | $1.27 | $1.26 | $1.44 | $1.32 |
Unleaded Gasoline (84 Octane) Average Rack Prices F.O.B. Omaha, Nebraska, 2020 – 2025
Table 3 of 3
(Price per Gallon)
| Unleaded Gasoline (84 Octane) | |||||||||||||
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Annual Average |
| 2025 | $2.12 | $2.21 | NA | NA | NA | NA | NA | NA | NA | NA | NA | NA | NA |
| 2024 | $2.00 | $2.26 | $2.54 | $2.56 | $2.42 | $2.37 | $2.47 | $2.37 | $2.22 | $2.19 | $1.97 | $1.95 | $2.28 |
| 2023 | $2.59 | $2.54 | $2.54 | $2.71 | $2.57 | $2.58 | $2.71 | $2.90 | $2.97 | $2.45 | $2.22 | $2.04 | $2.57 |
| 2022 | $2.47 | $2.69 | $3.16 | $3.14 | $3.56 | $4.06 | $3.35 | $2.84 | $2.90 | $2.85 | $2.52 | $2.17 | $2.98 |
| 2021 | $1.57 | $1.84 | $2.09 | $2.07 | $2.14 | $2.21 | $2.29 | $2.27 | $2.23 | $2.41 | $2.29 | $2.14 | $2.13 |
| 2020 | $1.70 | $1.62 | $0.91 | $0.50 | $0.96 | $1.21 | $1.27 | $1.29 | $1.27 | $1.21 | $1.21 | $1.40 | $1.21 |
Sources: Nebraska Ethanol Board, Lincoln, NE. Nebraska Department of Environment and Energy, Lincoln, NE.
Notes: The price excludes discounts and Superfund. NA indicates data is not available.
¹ Beginning with 2021, the fuel ethanol price includes the RIN.