Natural gas prices rose 24 cents at the Henry Hub reporting site and are currently priced at $4.88/MMbtu.  

Crude Oil Summary

  • The price of global crude oil rose this week on the West Texas Intermediate (WTI) by $1.20 per barrel over last week, currently priced at $69.30.
  • Brent crude oil rose $1.45 and currently priced at $72.60.
  • One year ago, WTI crude sold for $36.76 and Brent crude was at $38.53.

 Motor Fuels

  • As of Wednesday, September 8, the price of regular unleaded gasoline averaged $3.00 across Iowa according to AAA. 
    1. Prices were down 1 cent from last week’s price and $.90 higher than one year ago. 
    2. The national average on Wednesday was $3.18, up 1 cent from last week’s price.
  • Retail diesel prices in Iowa were down 1 cent this week with a statewide average of $3.10. 
    1. One year ago, diesel prices averaged $2.23 in Iowa. 
    2. The current Iowa diesel price is 20 cents less than the national average of $3.30.
  • Wholesale ethanol was down 1 cent and is currently priced at $2.21.
  • The current Des Moines Terminal/Rack Prices are $2.12 for U87-E10, $2.35 for Unleaded 87 (clear), $2.23 for ULSD#2, $2.39 for ULSD#1, and $2.39 per gallon for E-70 prices.

 Heating Fuels

  • Natural gas prices rose 24 cents at the Henry Hub reporting site and are currently priced at $4.88/MMbtu.
  • Continuing throughout the summer months, we will only report retail heating oil and propane prices in Iowa once a month.