DES MOINES — The price of regular unleaded gasoline dropped 1 cent from last week’s price and is currently averaging $2.88 across Iowa according to AAA.

Crude Oil Summary

• The price of global crude oil rose this week on the West Texas Intermediate (WTI) by $1.22 per barrel over last week, currently priced at $63.93.
• Brent crude oil rose by $1.55 and is currently priced at $67.81.
• One year ago, WTI crude sold for $76.50 and Brent crude was $81.51.

Motor Fuels

• As of Wednesday, the price of regular unleaded gasoline averaged $2.88 across Iowa according to AAA.
  • Prices dropped 1 cent from last week’s price and are down 25 cents from a year ago.
  • The national average on Wednesday was $3.21, up 8 cents from last week’s price.
• Retail diesel prices in Iowa rose 2 cents this week with a statewide average of $3.53.
  • One year ago, diesel prices averaged $3.46 in Iowa.
  • The current Iowa diesel price is 18 cents lower than the national average of $3.71.
• The current Des Moines Terminal/Rack Prices are $2.02 for U87-E10, $2.32 for Unleaded 87 (clear), $2.40 for ULSD#2, $2.71 for ULSD#1, and $2.01 per gallon for E-70 prices.

Heating Fuels

• Natural gas prices were up 13 cents at the Henry Hub reporting site and are currently priced at $2.89 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.