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Wednesday, December 13, 2017

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



DES MOINES – The cost of retail gasoline in Iowa dropped $.04 this week, closing at $2.42 per gallon.  Nationally, the price of retail gasoline dropped $.03, closing at $2.45 per gallon.

Crude Oil Summary
The price of global crude oil rose this week on the West Texas Intermediate (WTI) by $.36 per barrel over last week, and is currently priced at $56.69.

Brent crude oil rose $.93 and is currently priced at $62.50.

One year ago WTI crude sold for $52.98 and Brent crude was at $53.28.

Motor Fuels
As of Tuesday, December 12th, the price of regular unleaded gasoline averaged $2.42 across Iowa according to AAA.  This is down $.04 from last week and $.25 higher than one year ago.  The national average on Tuesday was $2.45, down $.03 from last week’s price. 

Retail diesel fuel prices in Iowa held steady at last week’s price with a statewide average of $2.82.   One year ago diesel prices averaged $2.40 in Iowa.   The current Iowa diesel average is $.02 lower than the national average of $2.84.

Wholesale ethanol prices were $.02 lower than last week’s price, currently at $1.30. 

The current Des Moines Terminal/Rack Prices are $1.61 for U87-E10, $1.80 for Unleaded 87 (clear), ULSD#2 is at $1.95, ULSD#1 is at $2.19, and E-70 is priced at $1.49 per gallon.

Heating Fuels
Propane prices are steady at last week’s price for a statewide average of $1.46 per gallon.  Home heating oil prices rose a penny from last week’s figures, ending with a statewide average of $2.34.  Natural Gas prices fell $.04 at the Henry Hub reporting site and ended the week at $2.82/ MMbtu.

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

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