DES MOINES, Iowa—The Iowa Department of Agriculture and Land Stewardship released the weekly fuel report which shows a decrease in Natural Gas prices.  The price fell $.26 at the Henry Hub reporting site and currently priced at $2.44/MMbtu.

Crude Oil Summary

• The price of global crude oil rose this week on the West Texas Intermediate (WTI) by $.45 per barrel over last week, currently priced at $48.46.
• Brent crude oil rose $.24 and currently priced at $51.35.
• One year ago, WTI crude sold for $61.68 and Brent crude was at $68.30.

Motor Fuels

• As of Wednesday, December 30, the price of regular unleaded gasoline averaged $2.20 across Iowa according to AAA.
  • Prices were steady from last week’s price and $.16 lower than one year ago.
  • The national average on Wednesday was $2.25, steady from last week’s price.
• Retail diesel prices in Iowa rose $.02 this week with a statewide average of $2.44.
  • One year ago, diesel prices averaged $2.86 in Iowa.
  • The current Iowa diesel price is $.12 less than the national average of $2.56.
• Wholesale ethanol rose $.09, currently at $1.42.
• The current Des Moines Terminal/Rack Prices are $1.37 for U87-E10, $1.50 for Unleaded 87 (clear), ULSD#2 is at $1.60, ULSD#1 is at $1.72, and E-70 priced at $1.46 per gallon.

Heating Fuels

• Propane prices were steady with a statewide average of $1.18 per gallon.
• Home heating oil was up $.01 from last week, ending with a statewide average of $2.02 per gallon.
• Natural Gas prices fell $.26 at the Henry Hub reporting site and currently priced at $2.44/MMbtu.

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

(contributed press release, IDALS)