DES MOINES — The price of regular unleaded gasoline fell 5 cents, averaging $2.92 across Iowa according to AAA.
Crude Oil Summary
- The price of global crude oil rose this week on the West Texas Intermediate (WTI) by $.27 per barrel over last week, currently priced at $58.78.
- Brent crude oil fell by $1.44 and is currently priced at $61.74.
- One year ago, WTI crude sold for $79.97 and Brent crude was $82.69.
Motor Fuels
- As of Wednesday, the price of regular unleaded gasoline averaged $2.92 across Iowa according to AAA.
- Prices fell 5 cents from last week’s price and are down 36 cents from a year ago.
- The national average on Wednesday was $3.15, down cents from last week’s price.
- Retail diesel prices in Iowa fell 5 cents this week with a statewide average of $3.29.
- One year ago, diesel prices averaged $3.70 in Iowa.
- The current Iowa diesel price is 25 cents lower than the national average of $3.54.
- The current Des Moines Terminal/Rack Prices are $1.96 for U87-E10, $2.54 for Unleaded 87 (clear), $2.16 for ULSD#2, $2.40 for ULSD#1, and $1.92 per gallon for E-70 prices.
Heating Fuels
- Natural gas prices were up $.32 at the Henry Hub reporting site and are currently priced at $3.64 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.