Iowa Department of Agriculture
Facebook Twitter Flickr
Regulation News and Events Marketing Conservation Animals
Site Search
Home
What We Do
Divisions
Bureaus
Programs
Secretary of Ag
Deputy Secretary
Forms & Licenses
Soil Conservation
Careers
Calendar
Regulations
Publications
Who to Contact
Boards-Commissions
Administrative Rules -IDALS
Administrative Rules -Soil

  Facebook Flickr Twitter You tube

 

Wednesday, April 11, 2018

Dustin Vande Hoef       
515/281-3375 or 515/326-1616 (cell)

 
 

CRUDE OIL PRICES TREND HIGHER

DES MOINES – The price of West Texas Intermediate crude oil rose $3.61, currently $66.75 per barrel.  Brent crude oil rose $4.15, currently $71.92 per barrel.

Crude Oil Summary
The price of global crude oil rose this week on the West Texas Intermediate (WTI) by $3.61 per barrel over last week, and is currently priced at $66.75.

Brent crude oil rose $4.15 and is currently priced at $71.92.

One year ago WTI crude sold for $53.40 and Brent crude was at $54.73.

Motor Fuels
As of Tuesday, April 10th, the price of regular unleaded gasoline averaged $2.52 across Iowa according to AAA.  This is down $.02 from last week and $.17 higher than one year ago.  The national average on Tuesday was $2.66, holding steady at last week’s price. 

Retail diesel fuel prices in Iowa held steady at last week’s price with a statewide average of $2.93.   One year ago diesel prices averaged $2.48 in Iowa.   The current Iowa diesel price is $.04 less than the national average of $2.97.

Wholesale ethanol prices were $.08 higher than last week’s price, currently at $1.49. 

The current Des Moines Terminal/Rack Prices are $1.91 for U87-E10, $2.12 for Unleaded 87 (clear), ULSD#2 is at $2.13, ULSD#1 is at $2.30, and E-70 is priced at $1.65 per gallon.

Heating Fuels
Natural Gas prices were down a penny at the Henry Hub reporting site and ended the week at $2.69/ 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.  

 

- 30 -

 

 

Mailing Address: IDALS,  Wallace State Office Building,   502 E. 9th Street,  Des Moines, IA 50319:     PH: 515-281-5321
  Sitemap   Privacy Statement   Relay Iowa State of Iowa Home
animals Conservation Marketing News and Events Regulations Cost Share