IOWA WEEKLY FUEL REPORT

Iowa Weekly Fuel Report

DES MOINES — The price of regular unleaded gasoline rose 5 cents, averaging $3.03 across Iowa according to AAA.

Crude Oil Summary

  • The price of global crude oil rose this week on the West Texas Intermediate (WTI) by $2.94 per barrel and is currently priced at $69.83.
  • Brent crude oil rose by $3.27 and is currently priced at $73.84.
  • One year ago, WTI crude sold for $82.41 and Brent crude was priced at $85.91.

Motor Fuels

  • As of Wednesday, the price of regular unleaded gasoline averaged $3.03 across Iowa according to AAA.
    • Prices rose 5 cents from last week’s price and are down 29 cents from a year ago.
    • The national average on Wednesday was $3.15, up 5 cents from last week’s price.
  • Retail diesel prices in Iowa held steady this week with a statewide average of $3.33.
    • One year ago, diesel prices averaged $3.78 in Iowa.
    • The current Iowa diesel price is 28 cents lower than the national average of $3.61.
  • Wholesale ethanol held steady and is currently priced at $2.16.
  • The current Des Moines Terminal/Rack Prices are $2.20 for U87-E10, $2.43 for Unleaded 87 (clear), $2.38 for ULSD#2, $2.63 for ULSD#1, and $1.96 per gallon for E-70 prices.

Heating Fuels

  • Natural gas prices were down $.26 at the Henry Hub reporting site and are currently priced at $3.89 MMbtu.
  • Propane prices averaged $1.64 per gallon in Iowa.
  • Home heating oil prices had a statewide average of $2.86 per gallon.

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

Leave a Reply

Your email address will not be published. Required fields are marked *

NEWSLETTER

Stay updated, sign up for our newsletter.