DES MOINES, Iowa—The Iowa Department of Agriculture and Land Stewardship has released the weekly fuel report which saw retail diesel prices in Iowa up 9 cents this week with a statewide average of $5.23.

Crude Oil Summary

• The price of global crude oil rose this week on the West Texas Intermediate (WTI) by $3.77 per barrel over last week, currently priced at $87.90.
• Brent crude oil rose $4.37 and currently priced at $95.66.
• One year ago, WTI crude sold for $84.65 and Brent crude was at $85.11.

Motor Fuels

• As of Wednesday, October 26, the price of regular unleaded gasoline averaged $3.55 across Iowa according to AAA.
  • Prices fell 8 cents from last week’s price and $.40 higher than one year ago.
  • The national average on Wednesday was $3.76 down 9 cents from last week’s price.
• Retail diesel prices in Iowa were up 9 cents this week with a statewide average of $5.23.
  • One year ago, diesel prices averaged $3.39 in Iowa.
  • The current Iowa diesel price is 9 cents less than the national average of $5.32.
• Wholesale ethanol held steady and is currently priced at $2.16.
• The current Des Moines Terminal/Rack Prices are $2.52 for U87-E10, $3.05 for Unleaded 87 (clear), $3.99 for ULSD#2, $4.31 for ULSD#1, and $2.73 per gallon for E-70 prices.

Heating Fuels

• Propane prices were down 1 cent with a statewide average of $1.93 per gallon.
• Home heating oil prices rose 9 cents, with a statewide average of $4.80 per gallon.
• Natural gas prices rose $.56 at the Henry Hub reporting site and are currently priced at $6.09/MMbtu

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

(contributed press release)