DES MOINES, Iowa—The Iowa Department of Agriculture and Land Stewardship conducts the weekly fuel report and this week reported that the price of regular unleaded gasoline was up 3 cents, averaging $3.17 across Iowa.

Crude Oil Summary

• The price of global crude oil rose this week on the West Texas Intermediate (WTI) by $1.46 per barrel over last week, currently priced at $83.24.
• Brent crude oil rose $.75 and currently priced at $84.93.
• One year ago, WTI crude sold for $39.57 and Brent crude was at $39.72.

Motor Fuels

• As of Wednesday, October 27, the price of regular unleaded gasoline averaged $3.17 across Iowa according to AAA.
  • Prices were up 3 cents from last week’s price and $1.15 higher than one year ago.
  • The national average on Wednesday was $3.39, up 3 cents from last week’s price.
• Retail diesel prices in Iowa were up 3 cents this week with a statewide average of $3.44.
  • One year ago, diesel prices averaged $2.17 in Iowa.
  • The current Iowa diesel price is 18 cents less than the national average of $3.62.
• Wholesale ethanol was steady and is currently priced at $2.21.
• The current Des Moines Terminal/Rack Prices are $2.38 for U87-E10, $2.56 for Unleaded 87 (clear), $2.56 for ULSD#2, $2.82 for ULSD#1, and $2.76 per gallon for E-70 prices.

Heating Fuels

• Propane prices remained steady with a statewide average of $2.01 per gallon.
• Home heating oil prices remained steady, with a statewide average of $3.04 per gallon.
• Natural gas prices rose 87 cents at the Henry Hub reporting site and are currently priced at $5.95/MMbtu.

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

(contributed press release, IDALS)