DES MOINES, Iowa—The Iowa Department of Agriculture and Land Stewardship has released the weekly fuel report and the price of regular unleaded gasoline rose 8 cents, averaging $3.27 across Iowa according to AAA.

Crude Oil Summary

• The price of global crude oil rose this week on the West Texas Intermediate (WTI) by $2.55 per barrel and is currently priced at $73.98.
• Brent crude oil rose $2.12 and is currently priced at $79.33.
• One year ago, WTI crude sold for $104.24 and Brent crude was at $112.79.

Motor Fuels

• As of Wednesday, March 29, the price of regular unleaded gasoline averaged $3.27 across Iowa according to AAA.
  • Prices rose 8 cents from last week’s price and is 62 cents lower than one year ago.
  • The national average on Wednesday was $3.46, up 2 cents from last week’s price.
• Retail diesel prices in Iowa were steady this week with a statewide average of $3.87.
  • One year ago, diesel prices averaged $4.82 in Iowa.
  • The current Iowa diesel price is 37 cents less than the national average of $4.24.
• Wholesale ethanol held steady and is currently priced at $2.16.
• The current Des Moines Terminal/Rack Prices are $2.46 for U87-E10, $2.82 for Unleaded 87 (clear), $2.82 for ULSD#2, $3.27 for ULSD#1, and $2.48 per gallon for E-70 prices.

Heating Fuels

• Propane prices rose 1 cent with a statewide average of $1.92 per gallon.
• Home heating oil prices fell 2 cents, with a statewide average of $3.34 per gallon.
• Natural gas prices fell 11 cents at the Henry Hub reporting site and are currently priced at $2.15/MMbtu

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

(contributed press release, IDALS)