WEEKLY FUEL REPORT

Weekly Fuel Report

DES MOINES — The price of regular unleaded gasoline rose 3 cents, averaging $2.85 across Iowa according to AAA.

Crude Oil Summary

  • The price of global crude oil rose this week on the West Texas Intermediate (WTI) by $5.41 per barrel over last week, currently priced at $75.06.
  • Brent crude oil rose $5.94 and is currently priced at $80.24.
  • One year ago, WTI crude sold for $76.09 and Brent crude was at $79.45.

Motor Fuels

  • As of Wednesday, the price of regular unleaded gasoline averaged $2.85 across Iowa according to AAA.
    • Prices rose 3 cents from last week’s price and are steady from a year ago.
    • The national average on Wednesday was $3.10, down 2 cents from last week’s price.
  • Retail diesel prices in Iowa fell 12 cents this week with a statewide average of $3.73.
    • One year ago, diesel prices averaged $4.35 in Iowa.
    • The current Iowa diesel price is 30 cents lower than the national average of $4.03.
  • Wholesale ethanol held steady and is currently priced at $2.16.
  • The current Des Moines Terminal/Rack Prices are $2.01 for U87-E10, $2.27 for Unleaded 87 (clear), $2.61 for ULSD#2, $2.91 for ULSD#1, and $1.86 per gallon for E-70 prices.

Heating Fuels

  • Propane prices rose 1 cent with a statewide average of $1.56 per gallon.
  • Home heating oil prices rose 2 cents, with a statewide average of $3.15 per gallon.
  • Natural gas prices rose 17 cents at the Henry Hub reporting site and are currently priced at $2.51/MMbtu

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

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