DES MOINES, Iowa—The Iowa Department of Agriculture and Land Stewardship has released the latest fuel report for the state of Iowa. The price of regular unleaded gasoline rose 3 cents, averaging $2.85 across Iowa according to AAA.

Crude Oil Summary

• The price of global crude oil rose this week on the West Texas Intermediate (WTI) by $5.41 per barrel over last week, currently priced at $75.06.
• Brent crude oil rose $5.94 and is currently priced at $80.24.
• One year ago, WTI crude sold for $76.09 and Brent crude was at $79.45.

Motor Fuels

• As of Wednesday, the price of regular unleaded gasoline averaged $2.85 across Iowa according to AAA.
  • Prices rose 3 cents from last week’s price and are steady from a year ago.
  • The national average on Wednesday was $3.10, down 2 cents from last week’s price.
• Retail diesel prices in Iowa fell 12 cents this week with a statewide average of $3.73.
  • One year ago, diesel prices averaged $4.35 in Iowa.
  • The current Iowa diesel price is 30 cents lower than the national average of $4.03.
• Wholesale ethanol held steady and is currently priced at $2.16.
• The current Des Moines Terminal/Rack Prices are $2.01 for U87-E10, $2.27 for Unleaded 87 (clear), $2.61 for ULSD#2, $2.91 for ULSD#1, and $1.86 per gallon for E-70 prices.

Heating Fuels

• Propane prices rose 1 cent with a statewide average of $1.56 per gallon.
• Home heating oil prices rose 2 cents, with a statewide average of $3.15 per gallon.
• Natural gas prices rose 17 cents at the Henry Hub reporting site and are currently priced at $2.51/MMbtu

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

(contributed press release, IDALS)