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Week of September 21 fuel and energy price update courtesy of the Iowa Department of Agriculture

Week of September 21 fuel and energy price update courtesy of the Iowa Department of Agriculture

The price of Natural Gas rose 85 cents this week, currently at $2.86.

Crude Oil Summary

  • The price of global crude oil fell this week on the West Texas Intermediate (WTI) by 92 cents per barrel over last week, currently priced at $40.06.
  • Brent crude oil fell $1.55 and currently priced at $41.77.
  • One year ago, WTI crude sold for $57.29 and Brent crude was at $64.13.

Motor Fuels

  • As of Thursday, Sept. 24, the price of regular unleaded gasoline averaged $2.10 across Iowa according to AAA.
    • Prices rose 1 cent from last week’s price and 41 cents lower than one year ago.
    • The national average on Thursday was $2.20, up 2 cents from last week’s price.
  • Retail diesel prices in Iowa fell 1 cent this week with a statewide average of $2.20.
    • One year ago, diesel prices averaged $2.87 in Iowa.
    • The current Iowa diesel price is 20 cents less than the national average of $2.40.
  • Wholesale ethanol held steady at $1.29.
  • The current Des Moines Terminal/Rack Prices are $1.22 for U87-E10, $1.31 for Unleaded 87 (clear), ULSD#2 is at $1.20, ULSD#1 is at $1.39, and E-70 priced at $1.41 per gallon.

Heating Fuels

  • Natural Gas prices rose 85 cents at the Henry Hub reporting site and currently priced at $2.86/MMbtu.
  • Continuing throughout the summer months, we will only report retail heating oil and propane prices in Iowa once a month.


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