DES MOINES, Iowa—The Iowa Department of Agriculture and Land Stewardship has released the Weekly Fuel Report and the price of regular unleaded gasoline fell 15 cents from last week’s price and is currently averaging $3.82 across Iowa according to AAA.
Crude Oil Summary
- The price of global crude oil fell this week on the West Texas Intermediate (WTI) by $6.37 per barrel, and is currently priced at $85.82.
- Brent crude oil fell by $8.43 and is currently priced at $90.85.
- One year ago, WTI crude sold for $60.94 and Brent crude was $63.01.
Motor Fuels
- As of Wednesday, the price of regular unleaded gasoline averaged $3.82 across Iowa according to AAA.
- Prices fell 15 cents from last week’s price and are up $1.02 from a year ago.
- The national average on Wednesday was $3.98, down 14 cents from last week’s price.
- Retail diesel prices in Iowa fell 17 cents this week with a statewide average of $5.86.
- One year ago, diesel prices averaged $3.69 in Iowa.
- The current Iowa diesel price is 30 cents lower than the national average of $6.16.
- The current Des Moines Terminal/Rack Prices are $2.32 for U87-E10, $2.97 for Unleaded 87 (clear), $4.30 for ULSD#2, $4.71 for ULSD#1, $2.20 for E15, and $2.28 per gallon for E-70 prices.
Heating Fuels
- Natural gas prices were up 32 cents at the Henry Hub reporting site and are currently priced at $3.25 MMbtu.
- Propane prices averaged $1.86 per gallon in Iowa. Last year the price averaged $1.53 per gallon for propane.
- Home heating oil prices had a statewide average of $5.34 per gallon. The price for heating oil last year averaged $3.33 per gallon.
Tips for saving energy on the road or at home are available at energy.gov and fueleconomy.gov.
(contributed press release, IDALS)
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