Weekly Fuel Report

By Editor | April 19, 2022 |

Weekly Fuel Report

February 15, 2023

DES MOINES, Iowa (Feb. 15, 2023) – The price of regular unleaded gasoline fell 3 cents, averaging $3.26 across Iowa according to AAA.

Crude Oil Summary

The price of global crude oil fell this week on the West Texas Intermediate (WTI) by $.10 per barrel and is currently priced at $78.11.
Brent crude oil fell $.02 and is currently priced at $84.66.
One year ago, WTI crude sold for $92.07 and Brent crude was at $98.43.

Motor Fuels

As of Wednesday, February 15, the price of regular unleaded gasoline averaged $3.26 across Iowa according to AAA.
- Prices fell 3 cents from last week’s price and are 5 cents lower than one year ago.
- The national average on Wednesday was $3.42, down 3 cents from last week’s price.
Retail diesel prices in Iowa were down 7 cents this week with a statewide average of $4.14.
- One year ago, diesel prices averaged $3.69 in Iowa.
- The current Iowa diesel price is 40 cents less than the national average of $4.54.
Wholesale ethanol held steady and is currently priced at $2.16.
The current Des Moines Terminal/Rack Prices are $2.41 for U87-E10, $2.74 for Unleaded 87 (clear), $2.99 for ULSD#2, $3.54 for ULSD#1, and $2.36 per gallon for E-70 prices.

Heating Fuels

Propane prices were steady with a statewide average of $1.94 per gallon.
Home heating oil prices fell 4 cents, with a statewide average of $3.53 per gallon.
Natural gas prices rose 8 cents at the Henry Hub reporting site and are currently priced at $2.52/MMbtu.

Weekly Fuel Report

February 8, 2023

DES MOINES, Iowa (February 8, 2023) – The price of regular unleaded gasoline fell 5 cents, averaging $3.29 across Iowa according to AAA.

Crude Oil Summary

The price of global crude oil fell on the West Texas Intermediate (WTI) this week by $.51 per barrel from last week, currently priced at $78.21.
Brent crude oil fell $.31 and is currently priced at $84.68.
One year ago, WTI crude sold for $89.36 and Brent crude was at $96.07.

Motor Fuels

As of Wednesday, February 8, the price of regular unleaded gasoline averaged $3.29 across Iowa according to AAA.
- Prices fell 5 cents from last week’s price and 2 cents higher than one year ago.
- The national average on Wednesday was $3.45 down 5 cents from last week’s price.
Retail diesel prices in Iowa were down 8 cents this week with a statewide average of $4.21.
- One year ago, diesel prices averaged $3.63 in Iowa.
- The current Iowa diesel price is 39 cents less than the national average of $4.60.
Wholesale ethanol held steady and is currently priced at $2.16.
The current Des Moines Terminal/Rack Prices are $2.41 for U87-E10, $2.74 for Unleaded 87 (clear), $2.97 for ULSD#2, $3.57 for ULSD#1, and $2.37 per gallon for E-70 prices.

Heating Fuels

Propane prices were steady with a statewide average of $1.94 per gallon.
Home heating oil prices fell 14 cents, with a statewide average of $3.57 per gallon.
Natural gas prices fell 13 cents at the Henry Hub reporting site and are currently priced at $2.44/MMbtu.