WEEKLY FUEL REPORT

Weekly Fuel Report

DES MOINES — The price of regular unleaded gasoline fell 6 cents from last week’s price and is currently averaging $2.42 across Iowa according to AAA.

Crude Oil Summary

  • The price of global crude oil rose this week on the West Texas Intermediate (WTI) by $1.84 per barrel, and is currently priced at $58.09.
  • Brent crude oil rose by $2.21 and is currently priced at $62.12.
  • One year ago, WTI crude sold for $69.50 and Brent crude was $72.12.

Motor Fuels

  • As of Wednesday, the price of regular unleaded gasoline averaged $2.42 across Iowa according to AAA.
    • Prices fell 6 cents from last week’s price and are down 36 cents from a year ago.
    • The national average on Wednesday was $2.86, down 5 cents from last week’s price.
  • Retail diesel prices in Iowa fell 8 cents this week with a statewide average of $3.31.
    • One year ago, diesel prices averaged $3.28 in Iowa.
    • The current Iowa diesel price is 28 cents lower than the national average of $3.59.
  • The current Des Moines Terminal/Rack Prices are $1.53 for U87-E10, $1.73 for Unleaded 87 (clear), $1.99 for ULSD#2, $2.58 for ULSD#1, and $1.72 per gallon for E-70 prices.

Heating Fuels

  • Natural gas prices were up 19 cents at the Henry Hub reporting site and are currently priced at $4.18 MMbtu.
  • Propane prices averaged $1.58 per gallon in Iowa.
  • Home heating oil prices had a statewide average of $2.80 per gallon.

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

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