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Week of February 8 fuel and energy price update courtesy of the Iowa Department of Agriculture

Week of February 8 fuel and energy price update courtesy of the Iowa Department of Agriculture

Average unleaded gasoline prices rose 7 cents across Iowa and are currently priced at $2.41.

Crude Oil Summary

  • The price of global crude oil rose this week on the West Texas Intermediate (WTI) by $2.51 per barrel over last week, currently priced at $58.64.
  • Brent crude oil rose $2.76 and currently priced at $61.52.
  • One year ago, WTI crude sold for $49.57 and Brent crude was at $58.39.

Motor Fuels

  • As of Wednesday, Feb. 10, the price of regular unleaded gasoline averaged $2.41 across Iowa according to AAA.
    • Prices were up 7 cents from last week’s price and 19 cents higher than one year ago.
    • The national average on Wednesday was $2.48, up 5 cents from last week’s price.
  • Retail diesel prices in Iowa rose 8 cents this week with a statewide average of $2.61.
    • One year ago, diesel prices averaged $2.70 in Iowa.
    • The current Iowa diesel price is 10 cents less than the national average of $2.71.
  • Wholesale ethanol rose 7 cents and is currently priced at $1.71.
  • The current Des Moines Terminal/Rack Prices are $1.66 for U87-E10, $1.85 for Unleaded 87 (clear), $1.85 for ULSD#2, $1.99 for ULSD#1, and $1.73 per gallon for E-70 priced.

Heating Fuels

  • Propane prices held steady with a statewide average of $1.46 per gallon. 
  • Home heating oil rose 6 cents from last week, ending with a statewide average of $2.23 per gallon.
  • Natural gas prices rose 10 cents at the Henry Hub reporting site and are currently priced at $2.89/MMbtu.


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