DES MOINES, Iowa—The Iowa Department of Agriculture and Land Stewardship have released the weekly fuel report and once again regular unleaded gasoline prices in Iowa were up 4 cents with a statewide average of $3.33.Crude Oil Summary
- The price of global crude oil rose this week on the West Texas Intermediate (WTI) by $4.34 per barrel over last week, currently priced at $94.11.
- Brent crude oil rose $4.05 and currently priced at $95.41.
- One year ago, WTI crude sold for $60.05 and Brent crude was at $63.96.
Motor Fuels
- As of Wednesday, February 9, the price of regular unleaded gasoline averaged $3.33 across Iowa according to AAA.
- Prices rose 4 cents from last week’s price and 87 cents higher than one year ago.
- The national average on Wednesday was $3.51, up 4 cents from last week’s price.
- Retail diesel prices in Iowa were up 6 cents this week with a statewide average of $3.71.
- One year ago, diesel prices averaged $2.68 in Iowa.
- The current Iowa diesel price is 21 cents less than the national average of $3.92.
- Wholesale ethanol held steady and is currently priced at $2.16.
- The current Des Moines Terminal/Rack Prices are $2.49 for U87-E10, $2.81 for Unleaded 87 (clear), $2.80 for ULSD#2, $3.06 for ULSD#1, and $2.32 per gallon for E-70 prices.
Heating Fuels
- Propane prices were steady with a statewide average of $1.98 per gallon.
- Home heating oil prices fell 6 cents, with a statewide average of $3.29 per gallon.
- Natural gas prices rose $.48 at the Henry Hub reporting site and are currently priced at $4.52/MMbtu.
Tips for saving energy on the road or at home are available at energy.gov and fueleconomy.gov.
(contributed press release)
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