DES MOINES — The price of regular unleaded gasoline dropped 6 cents from last week’s price and is currently averaging $2.93 across Iowa according to AAA.

Crude Oil Summary

• The price of global crude oil rose this week on the West Texas Intermediate (WTI) by $2.90 per barrel over last week, currently priced at $68.57.
• Brent crude oil rose by $2.94 and is currently priced at $70.34.
• One year ago, WTI crude sold for $82.78 and Brent crude was $86.48.

Motor Fuels

• As of Wednesday, the price of regular unleaded gasoline averaged $2.93 across Iowa according to AAA.
  • Prices dropped 6 cents from last week’s price and are down 36 cents from a year ago.
  • The national average on Wednesday was $3.16, down 1 cents from last week’s price.
• Retail diesel prices in Iowa dropped 5 cents this week with a statewide average of $3.52.
  • One year ago, diesel prices averaged $3.27 in Iowa.
  • The current Iowa diesel price is 18 cents lower than the national average of $3.70.
• The current Des Moines Terminal/Rack Prices are $1.95 for U87-E10, $2.32 for Unleaded 87 (clear), $2.43 for ULSD#2, $2.38 for ULSD#1, and $1.91 per gallon for E-70 prices.

Heating Fuels

• Natural gas prices were down 31 cents at the Henry Hub reporting site and are currently priced at $3.16 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.