Week of September 20 fuel and energy price update courtesy of the Iowa Department of Agriculture
Author
Published
9/23/2021
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.
- Prices held steady from last week’s price and $.90 higher than one year ago.
- 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.
- One year ago, diesel prices averaged $2.20 in Iowa.
- 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.
Want more news on this topic? Farm Bureau members may subscribe for a free email news service, featuring the farm and rural topics that interest them most!