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Another Week of Higher Natural Gas Prices
Iowa Ag Connection - 09/12/2019

The price of natural gasoline rose $.13 this week, closing at $2.57/MMbtu.

The price of global crude oil rose this week on the West Texas Intermediate (WTI) by $.12 per barrel over last week, currently priced at $56.28.

Brent crude oil rose $.63, and it is currently priced at $61.24.

One year ago, WTI crude sold for $69.25 and Brent crude was at $78.22.

As of Tuesday, the price of regular unleaded gasoline averaged $2.40 across Iowa according to AAA. This is $.01 lower than last week and $.30 lower than one year ago. The national average on Tuesday was $2.57, holding steady at last week's price.

Retail diesel prices in Iowa were $.01 lower than last week's price with a statewide average of $2.77. One year ago, diesel prices averaged $3.12 in Iowa. The current Iowa diesel price is $.16 less than the national average of $2.93.

Wholesale ethanol prices rose $.01 from last week's price, currently at $1.33.

The current Des Moines Terminal/Rack Prices are $1.72 for U87-E10, $1.99 for Unleaded 87 (clear), ULSD#2 is at $1.98, ULSD#1 is at $2.26, and E-70 is priced at $1.53 per gallon.

Natural Gas prices rose $.13 at the Henry Hub reporting site and currently priced at $2.57/MMbtu.

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

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