DES MOINES, Iowa—The Iowa Department of Agriculture and Land Stewardship conducts the weekly fuel report and this week reported that regular unleaded gasoline prices in Iowa were up 7 cents with a statewide average of $3.29.

Crude Oil Summary

• The price of global crude oil rose this week on the West Texas Intermediate (WTI) by $1.85 per barrel over last week, currently priced at $89.77.
• Brent crude oil rose $2.47 and currently priced at $91.36.
• One year ago, WTI crude sold for $58.36 and Brent crude was at $60.74.

Motor Fuels

• As of Wednesday, February 9, the price of regular unleaded gasoline averaged $3.29 across Iowa according to AAA.
  • Prices rose 7 cents from last week’s price and 90 cents higher than one year ago.
  • The national average on Wednesday was $3.47, up 7 cents from last week’s price.
• Retail diesel prices in Iowa were up 8 cents this week with a statewide average of $3.65.
  • One year ago, diesel prices averaged $2.60 in Iowa.
  • The current Iowa diesel price is 20 cents less than the national average of $3.85.
• Wholesale ethanol held steady and is currently priced at $2.16.
• The current Des Moines Terminal/Rack Prices are $2.43 for U87-E10, $2.72 for Unleaded 87 (clear), $2.77 for ULSD#2, $3.04 for ULSD#1, and $2.23 per gallon for E-70 prices.

Heating Fuels

• Propane prices were up 5 cents with a statewide average of $1.98 per gallon.
• Home heating oil prices rose 9 cents, with a statewide average of $3.35 per gallon.
• Natural gas prices fell $1.32 at the Henry Hub reporting site and are currently priced at $4.04/MMbtu.

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

(contributed press release)