Natural gas prices fell 58 cents at the Henry Hub reporting site and are currently priced at $4.83/MMbtu.  

Crude Oil Summary

  • The price of global crude oil fell this week on the West Texas Intermediate (WTI) by $.58 per barrel over last week, currently priced at $72.01.
  • Brent crude oil rose $.36 and currently priced at $75.92.
  • One year ago, WTI crude sold for $39.60 and Brent crude was at $40.84.

 Motor Fuels

  • As of Wednesday, September 22, the price of regular unleaded gasoline averaged $3.00 across Iowa according to AAA. 
    1. Prices held steady from last week’s price and $.90 higher than one year ago. 
    2. The national average on Wednesday was $3.19, up 1 cent from last week’s price.
  • Retail diesel prices in Iowa were up 2 cents this week with a statewide average of $3.13. 
    1. One year ago, diesel prices averaged $2.20 in Iowa. 
    2. The current Iowa diesel price is 18 cents less than the national average of $3.31.
  • Wholesale ethanol was steady and is currently priced at $2.21.
  • The current Des Moines Terminal/Rack Prices are $2.08 for U87-E10, $2.24 for Unleaded 87 (clear), $2.28 for ULSD#2, $2.46 for ULSD#1, and $2.42 per gallon for E-70 prices.

 Heating Fuels

  • Natural gas prices fell 58 cents at the Henry Hub reporting site and are currently priced at $4.83/MMbtu.
  • Continuing throughout the summer months, we will only report retail heating oil and propane prices in Iowa once a month.