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Wednesday, April 18, 2018

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

 
 

DIESEL PRICES TREND HIGHER

DES MOINES – The price of diesel fuel in Iowa rose $.04, ending the week at $2.97 per gallon.  Nationally, diesel fuel prices rose $.05, closing at $3.02 per gallon.

Crude Oil Summary
The price of global crude oil rose this week on the West Texas Intermediate (WTI) by $1.02 per barrel over last week, and is currently priced at $67.77.

Brent crude oil rose $.78 and is currently priced at $72.70.

One year ago WTI crude sold for $52.41 and Brent crude was at $52.60.

Motor Fuels
As of Tuesday, April 17th, the price of regular unleaded gasoline averaged $2.59 across Iowa according to AAA.  This is up $.07 from last week and $.23 higher than one year ago.  The national average on Tuesday was $2.73, up $.07 from last week’s price. 

Retail diesel fuel prices in Iowa rose $.04 from last week’s price with a statewide average of $2.97.   One year ago diesel prices averaged $2.50 in Iowa.   The current Iowa diesel price is $.05 less than the national average of $3.02.

Wholesale ethanol prices were unchanged from 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 $2.31, and E-70 is priced at $1.66 per gallon.

Heating Fuels
Natural Gas prices rose $.14 at the Henry Hub reporting site and ended the week at $2.83/ 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.  

 

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