WEEKLY FUEL REPORT

Weekly Fuel Report

DES MOINES — The price of regular unleaded gasoline held steady, averaging $2.89 across Iowa according to AAA.

Crude Oil Summary

  • The price of global crude oil fell this week on the West Texas Intermediate (WTI) by $2.65 per barrel over last week, currently priced at $75.55.
  • Brent crude oil fell by $1.25 and is currently priced at $79.08.
  • One year ago, WTI crude sold for $75.26 and Brent crude was $81.70.

Motor Fuels

  • As of Wednesday, the price of regular unleaded gasoline averaged $2.89 across Iowa according to AAA.
    • Prices held steady from last week’s price and are up 20 cents from a year ago.
    • The national average on Wednesday was $3.13, up 4 cents from last week’s price.
  • Retail diesel prices in Iowa rose 5 cents this week with a statewide average of $3.44.
    • One year ago, diesel prices averaged $3.58 in Iowa.
    • The current Iowa diesel price is 23 cents lower than the national average of $3.67.
  • Wholesale ethanol held steady and is currently priced at $2.16.
  • The current Des Moines Terminal/Rack Prices are $2.04 for U87-E10, $2.21 for Unleaded 87 (clear), $2.42 for ULSD#2, $2.67 for ULSD#1, and $1.92 per gallon for E-70 prices.

Heating Fuels

  • Natural gas prices were up $.14 at the Henry Hub reporting site and are currently priced at $3.89/MMbtu.
  • Propane prices averaged $1.67 per gallon in Iowa.
  • Home heating oil prices had a statewide average of $3.04 per gallon.

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

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