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 2 cents, averaging $2.75 across Iowa according to AAA.

Crude Oil Summary

• The price of global crude oil rose this week on the West Texas Intermediate (WTI) by $3.66 per barrel and is currently priced at $75.43.
• Brent crude oil rose $3.03 and is currently priced at $80.37.
• One year ago, WTI crude sold for $80.13 and Brent crude was at $85.25.

Motor Fuels

• As of Wednesday, the price of regular unleaded gasoline averaged $2.75 across Iowa according to AAA.
  • Prices rose 2 cents from last week’s price and are down 51 cents from a year ago.
  • The national average on Wednesday was $3.10, up 1 cent from last week’s price.
• Retail diesel prices in Iowa held steady this week with a statewide average of $3.59.
  • One year ago, diesel prices averaged $4.24 in Iowa.
  • The current Iowa diesel price is 33 cents lower than the national average of $3.92.
• Wholesale ethanol held steady and is currently priced at $2.16.
• The current Des Moines Terminal/Rack Prices are $1.93 for U87-E10, $2.28 for Unleaded 87 (clear), $2.33 for ULSD#2, $2.64 for ULSD#1, and $1.81 per gallon for E-70 prices.

Heating Fuels

• Propane prices averaged $1.57 per gallon statewide.
• Home heating oil prices averaged $3.01 per gallon statewide.
• Natural gas prices fell 18 cents at the Henry Hub reporting site and are currently priced at $2.65/MMbtu.

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

(contributed press release, IDALS)