DES MOINES, Iowa—The Iowa Department of Agriculture and Land Stewardship has released the weekly fuel report for Iowa. The price of regular unleaded gasoline fell 8 cents, averaging $3.47 across Iowa according to AAA.

Crude Oil Summary

• The price of global crude oil fell this week on the West Texas Intermediate (WTI) by $4.83 per barrel over last week, currently priced at $74.65.
• Brent crude oil fell $5.41 and is currently priced at $78.03.
• One year ago, WTI crude sold for $102.02 and Brent crude was at $103.30.

Motor Fuels

• As of Thursday, April 27, the price of regular unleaded gasoline averaged $3.47 across Iowa according to AAA.
  • Prices fell 8 cents from last week’s price and 39 cents lower than one year ago.
  • The national average on Thursday was $3.64, down 4 cents from last week’s price.
• Retail diesel prices in Iowa fell 4 cents this week with a statewide average of $3.91.
  • One year ago, diesel prices averaged $4.86 in Iowa.
  • The current Iowa diesel price is 25 cents less than the national average of $4.16.
• Wholesale ethanol held steady and is currently priced at $2.16.
• The current Des Moines Terminal/Rack Prices are $2.36 for U87-E10, $2.77 for Unleaded 87 (clear), $2.78 for ULSD#2, $3.28 for ULSD#1, and $2.51 per gallon for E-70 prices.

Heating Fuels

• Natural gas prices rose 10 cents at the Henry Hub reporting site and are currently priced at $2.34/MMbtu.
• Continuing throughout the summer months, we will only report retail heating oil and propane prices in Iowa once a month. 

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

(contributed press release)