Weekly Fuel Report

• The price of global crude oil fell this week on the West Texas Intermediate (WTI) by $2.98 per barrel over last week, currently priced at $69.57.
• Brent crude oil fell $3.08 and is currently priced at $74.02.
• One year ago, WTI crude sold for $109.78 and Brent crude was at $123.01.

Motor Fuels

• As of Thursday, the price of regular unleaded gasoline averaged $3.38 across Iowa according to AAA.
  • Prices held steady from last week’s price and $1.24 lower than one year ago.
  • The national average on Wednesday was $3.55, down 3 cents from last week’s price.
• Retail diesel prices in Iowa fell 2 cents this week with a statewide average of $3.62.
  • One year ago, diesel prices averaged $5.42 in Iowa.
  • The current Iowa diesel price is 25 cents less than the national average of $3.87.
• Wholesale ethanol held steady and is currently priced at $2.16.
• The current Des Moines Terminal/Rack Prices are $2.43 for U87-E10, $2.79 for Unleaded 87 (clear), $2.45 for ULSD#2, $2.97 for ULSD#1, and $2.59 per gallon for E-70 prices.

Heating Fuels

• Natural gas prices rose 7 cents at the Henry Hub reporting site and are currently priced at $2.65/MMbtu
• We will continue reporting retail heating oil and propane prices in Iowa in September.

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