DES MOINES, Iowa—The Iowa Department of Agriculture and Land Stewardship has released it’s Weekly Fuel Report. The price of regular unleaded gasoline rose 3 cents, averaging $2.88 across Iowa according to AAA.
Crude Oil Summary
- The price of global crude oil rose this week on the West Texas Intermediate (WTI) by $4.89 per barrel over last week, currently priced at $78.20.
- Brent crude oil rose by $4.20 and is currently priced at $80.33.
- One year ago, WTI crude sold for $72.63 and Brent crude was $84.41.
Motor Fuels
- As of Tuesday, the price of regular unleaded gasoline averaged $2.88 across Iowa according to AAA.
- Prices rose 3 cents from last week’s price and are up 16 cents from a year ago.
- The national average on Tuesday was $3.07, steady from last week’s price.
- Retail diesel prices in Iowa rose 6 cents this week with a statewide average of $3.35.
- One year ago, diesel prices averaged $3.58 in Iowa.
- The current Iowa diesel price is 23 cents lower than the national average of $3.58.
- Wholesale ethanol held steady and is currently priced at $2.16.
- The current Des Moines Terminal/Rack Prices are $2.01 for U87-E10, $2.19 for Unleaded 87 (clear), $2.28 for ULSD#2, $2.52 for ULSD#1, and $1.90 per gallon for E-70 prices.
Heating Fuels
- Natural gas prices were up $.12 at the Henry Hub reporting site and are currently priced at $3.75/MMbtu.
- Propane prices averaged $1.59 per gallon in Iowa.
- Home heating oil prices had a statewide average of $2.93 per gallon.
Tips for saving energy on the road or at home are available at energy.gov and fueleconomy.gov.
(contributed press release, IDALS)
