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For Immediate Release
Wednesday, January 20, 2016

Harold Hommes,
(515) 242-6237

Dustin Vande Hoef
515/281-3375 or 515/326-1616 (cell)




DES MOINES – West Texas Intermediate (WTI) is currently priced at $26.55.  Brent crude oil fell $2.26 and is now trading at $28.07.

Crude Oil Summary
The price of global crude oil fell this week on the West Texas Intermediate (WTI) by $3.76 per barrel over last week, currently priced at $26.55.

Brent crude oil fell $2.26, and is currently priced at $28.07.

One year ago WTI crude sold for $48.39 and Brent crude was at $46.49.

Motor Fuels
As of Tuesday, January 19th, the price of regular unleaded gasoline averaged $1.82 across Iowa according to AAA.  This is $.05 lower than one week ago and $.10 lower than one year ago.  The national average on Tuesday was $1.87, down $.08 from last week. 

Retail diesel fuel prices in Iowa were $.05 lower on the Tuesday report with a statewide average of $1.97.   One year ago diesel prices averaged $2.71 in Iowa.   The current Iowa diesel average is $.16 per gallon lower than the national average of $2.13.

Wholesale ethanol prices were $.03 higher this week, closing at $1.36. 

The current Des Moines Terminal/Rack Prices are $.96 for U87-E10, $1.07 for Unleaded 87 (clear), ULSD#2 is at $.95, ULSD#1 is at $1.17, and E-70 is priced at $1.28 per gallon.

Heating Fuels
Propane prices were unchanged from last week with a statewide average of $1.01 per gallon.  Home heating oil fell $.09 from last week’s figures, ending with a statewide average of $1.43.  Natural Gas prices were $.16 lower at the Henry Hub reporting site and ended the week at $2.22 / MMbtu. 


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


Mailing Address: IDALS,  Wallace State Office Building,   502 E. 9th Street,  Des Moines, IA 50319:     PH: 515-281-5321
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