DES MOINES, Iowa—The Iowa Department of Agriculture and Land Stewardship has released the Weekly Fuel Report for Thanksgiving week. The price of regular unleaded gasoline held steady, averaging $2.75 across Iowa according to AAA.
Crude Oil Summary
- The price of global crude oil rose this week on the West Texas Intermediate (WTI) by $.60 per barrel over last week, currently priced at $69.47.
- Brent crude oil rose by $.67 and is currently priced at $73.58.
- One year ago, WTI crude sold for $74.46 and Brent crude was $79.49.
Motor Fuels
- As of Wednesday, the price of regular unleaded gasoline averaged $2.75 across Iowa according to AAA.
- Prices held steady from last week’s price and are down 14 cents from a year ago.
- The national average on Wednesday was $3.07, steady from last week’s price.
- Retail diesel prices in Iowa were unchanged this week with a statewide average of $3.30.
- One year ago, diesel prices averaged $4.10 in Iowa.
- The current Iowa diesel price is 25 cents lower than the national average of $3.55.
- Wholesale ethanol held steady and is currently priced at $2.16.
- The current Des Moines Terminal/Rack Prices are $1.81 for U87-E10, $2.01 for Unleaded 87 (clear), $2.22 for ULSD#2, $2.44 for ULSD#1, and $1.77 per gallon for E-70 prices.
Heating Fuels
- Natural gas prices rose 27 cents at the Henry Hub reporting site and are currently priced at $3.47/MMbtu.
- Propane prices averaged $1.54 per gallon in Iowa.
- Home heating oil prices had a statewide average of $2.82 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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