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For Immediate Release
Wednesday, February 1, 2017

Harold Hommes
(515) 242-6237

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




DES MOINES – Natural gas prices fell $.25 this week, closing at $3.00/MMbtu.

Crude Oil Summary
The price of global crude oil fell this week on the West Texas Intermediate (WTI) by $.05 per barrel over last week, and is currently priced at $53.28.

Brent crude oil rose $.63, and is currently priced at $56.19.

One year ago WTI crude sold for $31.62 and Brent crude was at $32.45.

Motor Fuels
As of Tuesday, January 31st, the price of regular unleaded gasoline averaged $2.31 across Iowa according to AAA.  This is $.03 lower than one week ago and $.57 higher than one year ago.  The national average on Tuesday was $2.28, down $.02 from last week’s price. 

Retail diesel fuel prices in Iowa were down a penny from last week’s price with a statewide average of $2.47.   One year ago diesel prices averaged $1.89 in Iowa.   The current Iowa diesel average is $.04 lower than the national average of $2.51.

Wholesale ethanol prices were up $.06 from last week’s price, closing at $1.50. 

The current Des Moines Terminal/Rack Prices are $1.56 for U87-E10, $1.71 for Unleaded 87 (clear), ULSD#2 is at $1.65, ULSD#1 is at $1.82, and E-70 is priced at $1.59 per gallon.

Heating Fuels
Propane prices were up $.04 from last week’s report, with a statewide average of $1.25 per gallon.  Home heating prices dropped $.02 from last week, ending with a statewide average of $2.04.  Natural Gas prices fell $.25 at the Henry Hub reporting site and ended the week at $3.00 / 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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