IOWA WEEKLY FUEL REPORT

Iowa Weekly Fuel Report

DES MOINES — The price of regular unleaded gasoline rose 10 cents, averaging $3.13 across Iowa according to AAA.

Crude Oil Summary

  • The price of global crude oil rose this week on the West Texas Intermediate (WTI) by $1.62 per barrel and is currently priced at $71.45.
  • Brent crude oil rose by $.78 and is currently priced at $74.62.
  • One year ago, WTI crude sold for $85.95 and Brent crude was priced at $87.63.

Motor Fuels

  • As of Wednesday, the price of regular unleaded gasoline averaged $3.13 across Iowa according to AAA.
    • Prices rose 10 cents from last week’s price and are down 14 cents from a year ago.
    • The national average on Wednesday was $3.24, up 9 cents from last week’s price.
  • Retail diesel prices in Iowa rose 9 cents this week with a statewide average of $3.42.
    • One year ago, diesel prices averaged $3.76 in Iowa.
    • The current Iowa diesel price is 21 cents lower than the national average of $3.63.
  • Wholesale ethanol held steady and is currently priced at $2.16.
  • The current Des Moines Terminal/Rack Prices are $2.30 for U87-E10, $2.55 for Unleaded 87 (clear), $2.46 for ULSD#2, $2.71 for ULSD#1, and $2.01 per gallon for E-70 prices.

Heating Fuels

  • Natural gas prices were up $.17 at the Henry Hub reporting site and are currently priced at $4.06 MMbtu.
  • Propane prices averaged $1.62 per gallon in Iowa.
  • Home heating oil prices had a statewide average of $2.93 per gallon.

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

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