DES MOINES, Iowa—The Iowa Department of Agricluture and Land Stewardship released this weeks information about fuel prices. The price of Iowa Diesel prices in Iowa dropped 4 cents, averaging $2.70 per gallon.
Crude Oil Summary
- The price of global crude oil rose this week on the West Texas Intermediate (WTI) by $.11 per barrel over last week, currently priced at $51.84.
- Brent crude oil rose $.34 and is currently priced at $56.54.
- One year ago, WTI crude sold for $53.90 and Brent crude was at $63.27.
Motor Fuels
- As of Thursday, February 13, the price of regular unleaded gasoline averaged $2.23 across Iowa according to AAA.
- Prices fell $.02 from last week’s price and $.10 higher than one year ago.
- The national average on Thursday was $2.43 down $.03 from last week’s price.
- Retail diesel prices in Iowa fell $.04 this week with a statewide average of $2.70.
- One year ago, diesel prices averaged $2.74 in Iowa.
- The current Iowa diesel price is $.19 less than the national average of $2.89.
- Wholesale ethanol prices fell $.01, currently at $1.34.
- The current Des Moines Terminal/Rack Prices are $1.60 for U87-E10, $1.78 for Unleaded 87 (clear), ULSD#2 is at $1.74, ULSD#1 is at $1.94, and E-70 is priced at $1.47 per gallon.
Heating Fuels
- Propane prices were steady with a statewide average of $1.26 per gallon.
- Home heating oil prices fell $.01, with a statewide average of $2.16 per gallon.
- Natural Gas prices fell $.02 at the Henry Hub reporting site and currently priced at $1.84/MMbtu.
(contributed press release, IDALS)
