Diesel prices increase

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For Immediate Release: Wednesday, Sept. 5, 2018


DES MOINES – The price of diesel in Iowa rose $.03 this week, closing at $3.11 per gallon.  Nationally, diesel prices rose $.02, ending the week at $3.17 per gallon.

Crude Oil Summary

The price of global crude oil fell this week on the West Texas Intermediate (WTI) by $.71 per barrel over last week, and is currently priced at $68.87.

Brent crude oil rose $.04 and is currently priced at $77.21.

One year ago WTI crude sold for $48.66 and Brent crude was at $53.63.

Motor Fuels

As of Tuesday, September 4, the price of regular unleaded gasoline averaged $2.71 across Iowa according to AAA. This is $.01 lower than last week and $.17 higher than one year ago. The national average on Tuesday was $2.84, holding steady at last week’s price.

Retail diesel fuel prices in Iowa were $.03 higher than last week’s price with a statewide average of $3.11. One year ago diesel prices averaged $2.61 in Iowa. The current Iowa diesel price is $.06 less than the national average of $3.17.

Wholesale ethanol prices were up $.03 from last week’s price, currently at $1.32.

The current Des Moines Terminal/Rack Prices are $2.03 for U87-E10, $2.25 for Unleaded 87 (clear), ULSD#2 is at $2.35, ULSD#1 is at $2.55, and E-70 is priced at $1.64 per gallon.

Heating Fuels

Natural Gas prices rose $.03 at the Henry Hub reporting site and ended the week at $2.96/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.

fuel report


For more information, contact Dustin Vande Hoef, (515) 281-3375 or (515) 326-1616 (cell) or Dustin.VandeHoef@IowaAgriculture.gov