DES MOINES, Iowa—The weekly fuel price report from the Iowa Department of Agriculture and Land Stewardship showed that regular unleaded gasoline prices rose 6 cents, averaging $3.14/gallon across Iowa.

Crude Oil Summary

• The price of global crude oil rose this week on the West Texas Intermediate (WTI) by $4.12 per barrel over last week, currently priced at $86.61.
• Brent crude oil rose $3.78 and currently priced at $88.41.
• One year ago, WTI crude sold for $52.98 and Brent crude was at $55.38.

Motor Fuels

• As of Wednesday, January 19, the price of regular unleaded gasoline averaged $3.14 across Iowa according to AAA.
  • Prices rose 6 cents from last week’s price and 82 cents higher than one year ago.
  • The national average on Wednesday was $3.32, up 2 cents from last week’s price.
• Retail diesel prices in Iowa were up 5 cents this week with a statewide average of $3.43.
  • One year ago, diesel prices averaged $2.50 in Iowa.
  • The current Iowa diesel price is 20 cents less 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 $2.36 for U87-E10, $2.60 for Unleaded 87 (clear), $2.63 for ULSD#2, $2.88 for ULSD#1, and $2.27 per gallon for E-70 prices.

Heating Fuels

• Propane prices were up 2 cents with a statewide average of $1.89 per gallon.
• Home heating oil prices rose 17 cents, with a statewide average of $3.09 per gallon.
• Natural gas prices fell 42 cents at the Henry Hub reporting site and are currently priced at $4.22/MMbtu.

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

(contributed press release, IDALS)