DES MOINES — The price of regular unleaded gasoline fell 4 cents from last week’s price and is currently averaging $2.47 across Iowa according to AAA.
Crude Oil Summary
- The price of global crude oil fell this week on the West Texas Intermediate (WTI) by $1.23 per barrel, and is currently priced at $60.42.
- Brent crude oil fell by $1.15 and is currently priced at $64.92.
- One year ago, WTI crude sold for $76.79 and Brent crude was $80.57.
Motor Fuels
- As of Wednesday, the price of regular unleaded gasoline averaged $2.47 across Iowa according to AAA.
- Prices fell 4 cents from last week’s price and are down 43 cents from a year ago.
- The national average on Wednesday was $2.83, down 1 cent from last week’s price.
- Retail diesel prices in Iowa rose 12 cents this week with a statewide average of $3.32.
- One year ago, diesel prices averaged $3.45 in Iowa.
- The current Iowa diesel price is 21 cents lower than the national average of $3.53.
- The current Des Moines Terminal/Rack Prices are $1.67 for U87-E10, $1.89 for Unleaded 87 (clear), $2.21 for ULSD#2, $2.51 for ULSD#1, and $1.74 per gallon for E-70 prices.
Heating Fuels
- Natural gas prices were up $1.78 at the Henry Hub reporting site and are currently priced at $4.87 MMbtu.
- Propane prices averaged $1.57 per gallon in Iowa.
- Home heating oil prices had a statewide average of $2.75 per gallon.
Tips for saving energy on the road or at home are available at energy.gov and fueleconomy.gov.
