# Significant drop in Iowa retail fuel prices

> Iowa retail gasoline fell 14 cents to $2.37/gallon and diesel fell 7 cents to $3.13/gallon. WTI dropped $2.32 to $54.42 and Brent fell $3.53 to $63.25, while Henry Hub natural gas declined 8 cents to $4.63/MMBtu.

- Date: 2018-11-21 · published 2018-11-21T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/9537-significant-drop-in-iowa-retail-fuel-prices
- Commodities: [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md), [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md), [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md), [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

Lower crude, diesel and natural gas prices reduce energy and drying costs for Midwest feed producers, pointing to easing input costs.

## Read by commodity

- WTI: bearish ▼
- BRENT: bearish ▼
- DIESEL: bearish ▼
- NATGAS: bearish ▼

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| BRENT | 2018-11-23 | 5 | -11.6% | -3.3 | Documents Brent falling $3.53 to $63.25, confirming the sharp mid-window decline. |

## Sources

- content.govdelivery.com: https://content.govdelivery.com/accounts/IACIO/bulletins/21d1293

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.