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For Immediate Release
Wednesday, May 3, 2017

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



DES MOINES – The price of ethanol dropped $.07 from last week, currently $1.53 per gallon.

Crude Oil Summary
The price of global crude oil fell this week on the West Texas Intermediate (WTI) by $2.19 per barrel over last week, and is currently priced at $47.64.

Brent crude oil was down $1.55 and is currently priced at $50.54.

One year ago WTI crude sold for $43.65 and Brent crude was at $43.09.

Motor Fuels
As of Tuesday, May 2nd, the price of regular unleaded gasoline averaged $2.31 across Iowa according to AAA.  This is down $.03 from last week and $.17 higher than one year ago.  The national average on Tuesday was $2.37, down $.04 from last week’s price. 

Retail diesel fuel prices in Iowa were down a penny with a statewide average of $2.49.   One year ago diesel prices averaged $2.16 in Iowa.   The current Iowa diesel average is $.03 lower than the national average of $2.52.

Wholesale ethanol prices were down $.07 from last week’s price, currently at $1.53. 

The current Des Moines Terminal/Rack Prices are $1.47 for U87-E10, $1.66 for Unleaded 87 (clear), ULSD#2 is at $1.54, ULSD#1 is at $1.69, and E-70 is priced at $1.62 per gallon.

Heating Fuels
Natural Gas prices are up $.15 at the Henry Hub reporting site and ended the week at $3.11/ 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 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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