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ISSN 2834-183X (Print)

ISSN 2834-1864 (Online)

Weekly Fuel Report

 

Weekly Fuel Report

DES MOINES, Iowa (March 6, 2024) – The price of regular unleaded gasoline rose 5 cents, averaging $3.06 across Iowa according to AAA.

Crude Oil Summary

  • The price of global crude oil rose this week on the West Texas Intermediate (WTI) by $1.71 per barrel and is currently priced at $79.18.
  • Brent crude oil rose $1.36 and is currently priced at $84.02.
  • One year ago, WTI crude sold for $77.05 and Brent crude was at $83.21.

Motor Fuels

  • As of Wednesday, the price of regular unleaded gasoline averaged $3.06 across Iowa according to AAA.
    • Prices rose 5 cents from last week’s price and are down 9 cents from a year ago.
    • The national average on Wednesday was $3.29, up 2 cents from last week’s price.
  • Retail diesel prices in Iowa fell 3 cents this week with a statewide average of $3.80.
    • One year ago, diesel prices averaged $3.99 in Iowa.
    • The current Iowa diesel price is 27 cents lower than the national average of $4.07.
  • Wholesale ethanol held steady and is currently priced at $2.16.
  • The current Des Moines Terminal/Rack Prices are $2.31 for U87-E10, $2.60 for Unleaded 87 (clear), $2.59 for ULSD#2, $2.86 for ULSD#1, and $1.83 per gallon for E-70 prices.

Heating Fuels

  • Propane prices averaged $1.59 per gallon statewide.
  • Home heating oil prices averaged $3.14 per gallon statewide.
  • Natural gas prices rose 10 cents at the Henry Hub reporting site and are currently priced at $1.86/MMbtu.

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

Weekly Fuel Report

DES MOINES, Iowa (Feb. 21, 2024) – The price of regular unleaded gasoline rose 7 cents, averaging $3.01 across Iowa according to AAA.

Crude Oil Summary

  • The price of global crude oil rose this week on the West Texas Intermediate (WTI) by $1.03 per barrel over last week, currently priced at $77.47.
  • Brent crude oil rose $1.21 and is currently priced at $82.66.
  • One year ago, WTI crude sold for $76.16 and Brent crude was at $82.14.

Motor Fuels

  • As of Wednesday, the price of regular unleaded gasoline averaged $3.01 across Iowa according to AAA.
    • Prices rose 7 cents from last week’s price and are down 20 cents from a year ago.
    • The national average on Wednesday was $3.27, up 1 cent from last week’s price.
  • Retail diesel prices in Iowa rose 3 cents this week with a statewide average of $3.83.
    • One year ago, diesel prices averaged $4.06 in Iowa.
    • The current Iowa diesel price is 27 cents lower than the national average of $4.10.
  • Wholesale ethanol held steady and is currently priced at $2.16.
  • The current Des Moines Terminal/Rack Prices are $2.11 for U87-E10, $2.40 for Unleaded 87 (clear), $2.66 for ULSD#2, $2.94 for ULSD#1, and $1.78 per gallon for E-70 prices.

Heating Fuels

  • Propane prices averaged $1.59 per gallon statewide.
  • Home heating oil prices averaged $3.27 per gallon statewide.
  • Natural gas prices rose 15 cents at the Henry Hub reporting site and are currently priced at $1.76/MMbtu

Weekly Fuel Report

DES MOINES, Iowa (Feb. 14, 2024) – The price of regular unleaded gasoline rose 11 cents, averaging $2.94 across Iowa according to AAA.

Crude Oil Summary

  • The price of global crude oil rose this week on the West Texas Intermediate (WTI) by $2.62 per barrel over last week, currently priced at $76.44.
  • Brent crude oil rose $2.31 and is currently priced at $81.45.
  • One year ago, WTI crude sold for $79.06 and Brent crude was at $84.96.

Motor Fuels

  • As of Wednesday, the price of regular unleaded gasoline averaged $2.94 across Iowa according to AAA.
    • Prices rose 11 cents from last week’s price and are down 31 cents from a year ago.
    • The national average on Wednesday was $3.26, up 11 cents from last week’s price.
  • Retail diesel prices in Iowa rose 26 cents this week with a statewide average of $3.80.
    • One year ago, diesel prices averaged $4.14 in Iowa.
    • The current Iowa diesel price is 28 cents lower than the national average of $4.08.
  • Wholesale ethanol held steady and is currently priced at $2.16.
  • The current Des Moines Terminal/Rack Prices are $2.20 for U87-E10, $2.51 for Unleaded 87 (clear), $2.77 for ULSD#2, $3.07 for ULSD#1, and $1.86 per gallon for E-70 prices.

Heating Fuels

  • Propane prices averaged $1.59 per gallon statewide.
  • Home heating oil prices averaged $3.22 per gallon statewide.
  • Natural gas prices fell 36 cents at the Henry Hub reporting site and are currently priced at $1.61/MMbtu.

Weekly Fuel Report

DES MOINES, Iowa (Feb. 7, 2024) – The price of regular unleaded gasoline fell 4 cents, averaging $2.83 across Iowa according to AAA.

Crude Oil Summary

  • The price of global crude oil fell this week on the West Texas Intermediate (WTI) by $1.82 per barrel and is currently priced at $73.82.
  • Brent crude oil fell $2.54 and is currently priced at $79.14.
  • One year ago, WTI crude sold for $77.14 and Brent crude was at $82.92.

 

Motor Fuels

  • As of Wednesday, the price of regular unleaded gasoline averaged $2.83 across Iowa according to AAA.
    • Prices fell 4 cents from last week’s price and are down 47 cents from a year ago.
    • The national average on Wednesday was $3.15, up 1 cent from last week’s price.
  • Retail diesel prices in Iowa fell 3 cents this week with a statewide average of $3.54.
    • One year ago, diesel prices averaged $4.22 in Iowa.
    • The current Iowa diesel price is 40 cents lower than the national average of $3.94.
  • Wholesale ethanol held steady and is currently priced at $2.16.
  • The current Des Moines Terminal/Rack Prices are $1.97 for U87-E10, $2.27 for Unleaded 87 (clear), $2.49 for ULSD#2, $2.77 for ULSD#1, and $1.79 per gallon for E-70 prices.

 

Heating Fuels

  • Propane prices averaged $1.59 per gallon statewide.
  • Home heating oil prices averaged $2.94 per gallon statewide.
  • Natural gas prices fell 15 cents at the Henry Hub reporting site and are currently priced at $1.97/MMbtu

Weekly Fuel Report

DES MOINES, Iowa (Jan. 31, 2024) – The price of regular unleaded gasoline rose 12 cents, averaging $2.87 across Iowa according to AAA.

Crude Oil Summary

  • The price of global crude oil rose this week on the West Texas Intermediate (WTI) by $.21 per barrel over last week, currently priced at $75.64.
  • Brent crude oil rose $1.31 and is currently priced at $81.68.
  • One year ago, WTI crude sold for $78.87 and Brent crude was at $83.42.

Motor Fuels

  • As of Wednesday, the price of regular unleaded gasoline averaged $2.87 across Iowa according to AAA.
    • Prices rose 12 cents from last week’s price and are down 46 cents from a year ago.
    • The national average on Wednesday was $3.14, up 4 cents from last week’s price.
  • Retail diesel prices in Iowa fell 2 cents this week with a statewide average of $3.57.
    • One year ago, diesel prices averaged $4.30 in Iowa.
    • The current Iowa diesel price is 37 cents lower than the national average of $3.94.
  • Wholesale ethanol held steady and is currently priced at $2.16.
  • The current Des Moines Terminal/Rack Prices are $2.07 for U87-E10, $2.40 for Unleaded 87 (clear), $2.39 for ULSD#2, $2.70 for ULSD#1, and $1.86 per gallon for E-70 prices.

Heating Fuels

  • Propane prices averaged $1.58 per gallon statewide.
  • Home heating oil prices averaged $2.97 per gallon statewide.
  • Natural gas prices fell 53 cents at the Henry Hub reporting site and are currently priced at $2.12/MMbtu.

 

Weekly Fuel Report

DES MOINES, Iowa (Jan. 24, 2024) – The price of regular unleaded gasoline rose 2 cents, 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 $3.66 per barrel and is currently priced at $75.43.
  • Brent crude oil rose $3.03 and is currently priced at $80.37.
  • One year ago, WTI crude sold for $80.13 and Brent crude was at $85.25.

Motor Fuels

  • As of Wednesday, the price of regular unleaded gasoline averaged $2.75 across Iowa according to AAA.
    • Prices rose 2 cents from last week’s price and are down 51 cents from a year ago.
    • The national average on Wednesday was $3.10, up 1 cent from last week’s price.
  • Retail diesel prices in Iowa held steady this week with a statewide average of $3.59.
    • One year ago, diesel prices averaged $4.24 in Iowa.
    • The current Iowa diesel price is 33 cents lower 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 $1.93 for U87-E10, $2.28 for Unleaded 87 (clear), $2.33 for ULSD#2, $2.64 for ULSD#1, and $1.81 per gallon for E-70 prices.

Heating Fuels

  • Propane prices averaged $1.57 per gallon statewide.
  • Home heating oil prices averaged $3.01 per gallon statewide.
  • Natural gas prices fell 18 cents at the Henry Hub reporting site and are currently priced at $2.65/MMbtu.

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