Natural gas prices rose 53 cents at the Henry Hub reporting site and are currently priced at $5.41/MMbtu.  

Crude Oil Summary

  • The price of global crude oil rose this week on the West Texas Intermediate (WTI) by $3.29 per barrel over last week, currently priced at $72.59.
  • Brent crude oil rose $2.96 and currently priced at $75.56.
  • One year ago, WTI crude sold for $42.01 and Brent crude was at $39.54.

 Motor Fuels

  • As of Wednesday, September 15, the price of regular unleaded gasoline averaged $3.00 across Iowa according to AAA. 
    1. Prices held steady from last week’s price and $.92 higher than one year ago. 
    2. The national average on Wednesday was $3.18, steady from last week’s price.
  • Retail diesel prices in Iowa were up 1 cent this week with a statewide average of $3.11. 
    1. One year ago, diesel prices averaged $2.21 in Iowa. 
    2. The current Iowa diesel price is 19 cents less than the national average of $3.30.
  • Wholesale ethanol was steady and is currently priced at $2.21.
  • The current Des Moines Terminal/Rack Prices are $2.15 for U87-E10, $2.34 for Unleaded 87 (clear), $2.27 for ULSD#2, $2.43 for ULSD#1, and $2.47 per gallon for E-70 prices.

 Heating Fuels

  • Propane prices fell 17 cents with a statewide average of $1.69 per gallon. 
  • Home heating oil fell 1 cent from last week, ending with a statewide average of $2.66 per gallon.
  • Natural gas prices rose 53 cents at the Henry Hub reporting site and are currently priced at $5.41/MMbtu.