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NATURAL GAS PRICES ON THE RISE

 
Posted April 24th, 2014 @ 11:22am

DES MOINES – Natural Gas prices in Iowa were up $.18 this week, closing at $4.75 / MMbtu.

 

Crude Oil Summary

The price of global crude oil fell this week on the West Texas Intermediate (WTI) by $2.17 per barrel over last week, currently at $101.59.

 

Brent crude oil fell $.43 this week, currently at $109.20.

 

One year ago WTI crude sold for $89.18 and Brent crude was at $99.25.

 

Motor Fuels

As of Tuesday, April 22nd, the price of regular unleaded gasoline averaged $3.60 across Iowa according to AAA.  This is down a penny from last week and up $.20 from one year ago.  The national average on Tuesday was $3.67, up $.02 from last week’s price. 

 

Retail diesel fuel prices in Iowa rose $.02 on the Tuesday report with a statewide average of $3.83.   One year ago diesel prices averaged $3.76 in Iowa.   The current Iowa diesel average is $.13 per gallon lower than the national average of $3.96.

 

Wholesale ethanol prices fell $.02 this week, closing at $2.25. The price of Mid-Grade Blend in Iowa (10% ethanol) closed at $3.51 per gallon, down a penny from last week’s price and up $.20 from one year ago.

 

Heating Fuels

Natural Gas prices in Iowa were up $.18 from last week’s report, ending the week at $4.75 / MMbtu. 

 

 

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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