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For Immediate Release
Wednesday, August 9, 2017

Dustin Vande Hoef
515/281-3375 or 515/326-1616 (cell)
or Dustin.VandeHoef@IowaAgriculture.gov

 
 

DIESEL PRICES CONTINUE UPWARD TREND

DES MOINES – The price of diesel in Iowa rose $.04 this week, closing at $2.49 per gallon.  The national diesel price was $2.52, up $.03.

Crude Oil Summary
The price of global crude oil rose this week on the West Texas Intermediate (WTI) by $0.54 per barrel over last week, and is currently priced at $49.33.

Brent crude oil was up $.97 and is currently priced at $52.44.

One year ago WTI crude sold for $42.77 and Brent crude was at $43.37.

Motor Fuels
As of Tuesday, Aug. 8th, the price of regular unleaded gasoline averaged $2.31 across Iowa according to AAA.  This is up $.03 cents from last week and $.17 higher than one year ago.  The national average on Tuesday was $2.36, up $.03 from last week’s price. 

Retail diesel fuel prices in Iowa were up $.04 with a statewide average of $2.49.   One year ago diesel prices averaged $2.28 in Iowa.   The current Iowa diesel average is $.03 lower than the national average of $2.52.

Wholesale ethanol prices were up $.05 from last week’s price, currently at $1.60. 

The current Des Moines Terminal/Rack Prices are $1.58 for U87-E10, $1.77 for Unleaded 87 (clear), ULSD#2 is at $1.72, ULSD#1 is at $1.90, and E-70 is priced at $1.70 per gallon.

Heating Fuels
Natural Gas prices are down $.07 at the Henry Hub reporting site and ended the week at $2.77/ MMbtu.

Continuing throughout the summer months, we will only report retail heating oil and propane prices in Iowa once a month.

 

Tips for saving energy on the road or at home are available at www.energysavers.gov and at www.fueleconomy.gov.  

Mailing Address: IDALS,  Wallace State Office Building,   502 E. 9th Street,  Des Moines, IA 50319:     PH: 515-281-5321
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