Iowa gasoline prices down another $.08

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For Immediate Release: Wednesday, Nov. 28, 2018


DES MOINES – Iowa regular unleaded gasoline is down another $.08 this week and now averages $2.29 in Iowa. This is $.40 lower than one month ago.

Crude Oil Summary

The price of global crude oil fell this week on the West Texas Intermediate (WTI) by $4.04 per barrel over last week, currently priced at $50.38.

Brent crude oil fell $4.44, and it is currently priced at $58.81.

One year ago, WTI crude sold for $57.99 and Brent crude was at $63.56.

Motor Fuels

As of Tuesday, November 27, the price of regular unleaded gasoline averaged $2.29 across Iowa according to AAA. This is $.08 lower than last week and $.20 lower than one year ago. The national average on Tuesday was $2.53, down $.07 from last week’s price.

Retail diesel fuel prices in Iowa were $.05 lower than last week’s price with a statewide average of $3.08. One year ago, diesel prices averaged $2.83 in Iowa. The current Iowa diesel price is $.11 less than the national average of $3.19.

Wholesale ethanol prices were $.02 lower than last week’s price, currently at $1.23.

The current Des Moines Terminal/Rack Prices are $1.42 for U87-E10, $1.57 for Unleaded 87 (clear), ULSD#2 is at $1.97, ULSD#1 is at $2.35, and E-70 is priced at $1.40 per gallon.

Heating Fuels

Propane prices were a penny higher than last week for a statewide average of $1.35 per gallon. Home heating oil was down $.11 from last week’s figures, ending with a statewide average of $2.52. Natural Gas prices rose $.09 at the Henry Hub reporting site and currently priced at $4.72/MMbtu.


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

Fuel report


For more information, contact Dustin Vande Hoef, (515) 281-3375 or (515) 326-1616 (cell) or