DES MOINES, Iowa—The Iowa Department of Agriculture and Land Stewardship has released the most recent fuel report and again the price of regular unleaded gasoline fell 6 cents, averaging $2.91 across Iowa according to AAA.

Crude Oil Summary

• The price of global crude oil fell this week on the West Texas Intermediate (WTI) by $.41 per barrel and is currently priced at $77.19.
• Brent crude oil rose $.19 and is currently priced at $82.29.
• One year ago, WTI crude sold for $78.20 and Brent crude sold for $83.22.

Motor Fuels

• As of Wednesday, the price of regular unleaded gasoline averaged $2.91 across Iowa according to AAA.
  • Prices fell 6 cents from last week’s price and are down 33 cents from a year ago.
  • The national average on Wednesday was $3.25, down 5 cents from last week’s price.
• Retail diesel prices in Iowa fell 10 cents this week with a statewide average of $4.07.
  • One year ago, diesel prices averaged $4.88 in Iowa.
  • The current Iowa diesel price is 16 cents lower than the national average of $4.23.
• Wholesale ethanol held steady and is currently priced at $2.16.
• The current Des Moines Terminal/Rack Prices are $2.04 for U87-E10, $2.27 for Unleaded 87 (clear), $2.70 for ULSD#2, $3.08 for ULSD#1, and $1.95 per gallon for E-70 prices.

Heating Fuels

• Propane prices rose 1 cent with a statewide average of $1.55 per gallon.
• Home heating oil prices rose 4 cents, with a statewide average of $3.51 per gallon.
• Natural gas prices fell 7 cents at the Henry Hub reporting site and are currently priced at $2.82/MMbtu.

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

(contributed press release, IDALS)