| Weekly Fuel Report
DES MOINES, Iowa (June 14, 2023) – The price of regular unleaded gasoline rose 1cent, averaging $3.36 across Iowa according to AAA.
Crude Oil Summary
- The price of global crude oil fell this week on the West Texas Intermediate (WTI) by $2.84 per barrel over last week, currently priced at $69.98.
- Brent crude oil fell $2.47 and is currently priced at $74.80.
- One year ago, WTI crude sold for $118.93 and Brent crude was at $127.02.
Motor Fuels
- As of Wednesday, June 14, the price of regular unleaded gasoline averaged $3.36 across Iowa according to AAA.
- Prices rose 1 cent from last week’s price and $1.39 lower than one year ago.
- The national average on Wednesday was $3.59, up 4 cents from last week’s price.
- Retail diesel prices in Iowa fell 4 cents this week with a statewide average of $3.63.
- One year ago, diesel prices averaged $5.33 in Iowa.
- The current Iowa diesel price is 28 cents less than the national average of $3.91.
- Wholesale ethanol held steady and is currently priced at $2.16.
- The current Des Moines Terminal/Rack Prices are $2.40 for U87-E10, $2.76 for Unleaded 87 (clear), $2.49 for ULSD#2, $3.01 for ULSD#1, and $2.50 per gallon for E-70 prices.
Heating Fuels
- Natural gas prices held steady at the Henry Hub reporting site and are currently priced at $2.34/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. |
