WEEKLY FUEL REPORT

Weekly Fuel Report

DES MOINES — The price of regular unleaded gasoline rose 1 cent from last week’s price and is currently averaging $2.81 across Iowa according to AAA.

Crude Oil Summary

  • The price of global crude oil fell this week on the West Texas Intermediate (WTI) by 72 cents per barrel and is currently priced at $60.16.
  • Brent crude oil fell by $1.13 and is currently priced at $64.05.
  • One year ago, WTI crude sold for $74.93 and Brent crude was $76.98.

Motor Fuels

  • As of Wednesday, the price of regular unleaded gasoline averaged $2.81 across Iowa according to AAA.
    • Prices rose 1 cent from last week’s price and are down 2 cents from a year ago.
    • The national average on Wednesday was $3.08, up 4 cents from last week’s price.
  • Retail diesel prices in Iowa rose 6 cents this week with a statewide average of $3.59.
    • One year ago, diesel prices averaged $3.34 in Iowa.
    • The current Iowa diesel price is 12 cents lower than the national average of $3.71.
  • The current Des Moines Terminal/Rack Prices are $1.81 for U87-E10, $2.00 for Unleaded 87 (clear), $2.52 for ULSD#2, $2.82 for ULSD#1, and $1.89 per gallon for E-70 prices.

Heating Fuels

  • Natural gas prices were up 42 cents at the Henry Hub reporting site and are currently priced at $4.27 MMbtu.
  • Propane prices averaged $1.53 per gallon in Iowa.
  • Home heating oil prices had a statewide average of $3.25 per gallon.

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

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