DES MOINES — The price of regular unleaded gasoline dropped 3 cents from last week’s price and is currently averaging $3.03 across Iowa according to AAA.
Crude Oil Summary
- The price of global crude oil dropped this week on the West Texas Intermediate (WTI) by $8.77 per barrel over last week, currently priced at $67.77.
- Brent crude oil dropped by $7.49 and is currently priced at $67.77.
- One year ago, WTI crude sold for $81.97 and Brent crude was $86.81.
Motor Fuels
- As of Wednesday, the price of regular unleaded gasoline averaged $3.03 across Iowa according to AAA.
- Prices dropped 3 cents from last week’s price and are down 28 cents from a year ago.
- The national average on Wednesday was $3.23, up 4 cents from last week’s price.
- Retail diesel prices in Iowa rose 12 cents this week with a statewide average of $3.60.
- One year ago, diesel prices averaged $3.51 in Iowa.
- The current Iowa diesel price is 12 cents lower than the national average of $3.72.
- The current Des Moines Terminal/Rack Prices are $1.92 for U87-E10, $2.28 for Unleaded 87 (clear), $2.35 for ULSD#2, $2.59 for ULSD#1, and $1.84 per gallon for E-70 prices.
Heating Fuels
- Natural gas prices were down 35 cents at the Henry Hub reporting site and are currently priced at $3.61 MMbtu.
- We will continue reporting retail heating oil and propane prices in Iowa in October.
Tips for saving energy on the road or at home are available at energy.gov and fueleconomy.gov.