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Diesel Prices Down 4 Cents this Week
Iowa Ag Connection - 02/14/2020

The price of Iowa Diesel prices in Iowa dropped 4 cents, averaging $2.70 per gallon.

The price of global crude oil rose this week on the West Texas Intermediate (WTI) by $.11 per barrel over last week, currently priced at $51.84.

Brent crude oil rose $.34 and is currently priced at $56.54.

One year ago, WTI crude sold for $53.90 and Brent crude was at $63.27.

As of Thursday, the price of regular unleaded gasoline averaged $2.23 across Iowa according to AAA. Prices fell $.02 from last week's price and $.10 higher than one year ago. The national average on Thursday was $2.43 down $.03 from last week's price.

Retail diesel prices in Iowa fell $.04 this week with a statewide average of $2.70. One year ago, diesel prices averaged $2.74 in Iowa. The current Iowa diesel price is $.19 less than the national average of $2.89.

Wholesale ethanol prices fell $.01, currently at $1.34.

The current Des Moines Terminal/Rack Prices are $1.60 for U87-E10, $1.78 for Unleaded 87 (clear), ULSD#2 is at $1.74, ULSD#1 is at $1.94, and E-70 is priced at $1.47 per gallon.

Propane prices were steady with a statewide average of $1.26 per gallon.

Home heating oil prices fell $.01, with a statewide average of $2.16 per gallon.

Natural Gas prices fell $.02 at the Henry Hub reporting site and currently priced at $1.84/MMbtu.

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

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