DES MOINES, Iowa—The weekly fuel report supplied by the Iowa Department of Agriculture and Land Stewardship has been released and retail diesel prices in Iowa were up 9 cents this week with a statewide average of $5.14.

Crude Oil Summary

• The price of global crude oil fell this week on the West Texas Intermediate (WTI) by $3.34 per barrel over last week, currently priced at $84.13.
• Brent crude oil fell $1.29 and currently priced at $91.29.
• One year ago, WTI crude sold for $82.96 and Brent crude was at $85.02.

Motor Fuels

• As of Wednesday, October 19, the price of regular unleaded gasoline averaged $3.63 across Iowa according to AAA.
  • Prices fell 8 cents from last week’s price and $.51 higher than one year ago.
  • The national average on Wednesday was $3.85 down 7 cents from last week’s price.
• Retail diesel prices in Iowa were up 9 cents this week with a statewide average of $5.14.
  • One year ago, diesel prices averaged $3.40 in Iowa.
  • The current Iowa diesel price is 18 cents less than the national average of $5.32.
• Wholesale ethanol held steady and is currently priced at $2.16.
• The current Des Moines Terminal/Rack Prices are $2.39 for U87-E10, $3.05 for Unleaded 87 (clear), $4.53 for ULSD#2, $4.87 for ULSD#1, and $2.61 per gallon for E-70 prices.

Heating Fuels

• Propane prices were up 1 cent with a statewide average of $1.94 per gallon.
• Home heating oil prices rose 13 cents, with a statewide average of $4.71 per gallon.
• Natural gas prices fell $1.05 at the Henry Hub reporting site and are currently priced at $5.53/MMbtu.

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

(contributed press release, IDALS)