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 $3.33 across Iowa according to AAA.

Crude Oil Summary

• The price of global crude oil fell this week on the West Texas Intermediate (WTI) by $.61 per barrel over last week, currently priced at $81.37.
• Brent crude oil fell $.17 and is currently priced at $85.98.
• One year ago, WTI crude sold for $72.81 and Brent crude was at $76.80.

Motor Fuels

• As of Wednesday, the price of regular unleaded gasoline averaged $3.33 across Iowa according to AAA.
  • Prices rose 2 cents from last week’s price and are up 16 cents from a year ago.
  • The national average on Wednesday was $3.54, up 2 cents from last week’s price.
• Retail diesel prices in Iowa fell 1 cent this week with a statewide average of $3.78.
  • One year ago, diesel prices averaged $3.85 in Iowa.
  • The current Iowa diesel price is 27 cents lower than the national average of $4.05.
• Wholesale ethanol held steady and is currently priced at $2.16.
• The current Des Moines Terminal/Rack Prices are $2.37 for U87-E10, $2.69 for Unleaded 87 (clear), $2.65 for ULSD#2, $2.92 for ULSD#1, and $1.94 per gallon for E-70 prices.

Heating Fuels

• Propane prices averaged $1.58 per gallon statewide.
• Home heating oil prices averaged $3.20 per gallon statewide.
• Natural gas prices rose 2 cents at the Henry Hub reporting site and are currently priced at $1.72/MMbtu.
  
  Tips for saving energy on the road or at home are available at energy.gov and fueleconomy.gov.

(contributed press release)