DES MOINES — The price of regular unleaded gasoline fell 1 cent this week, averaging $2.94 across Iowa according to AAA.

Crude Oil Summary

• The price of global crude oil rose this week on the West Texas Intermediate (WTI) by $.97 per barrel over last week, currently priced at $62.86.
• Brent crude oil fell by $.12 and is currently priced at $64.88.
• One year ago, WTI crude sold for $74.27 and Brent crude was $75.33.

Motor Fuels

• As of Wednesday, the price of regular unleaded gasoline averaged $2.94 across Iowa according to AAA.
  • Prices fell 1 cent from last week’s price and are down 28 cents from a year ago.
  • The national average on Wednesday was $3.14, down 2 cents from last week’s price.
• Retail diesel prices in Iowa fell 1 cent this week with a statewide average of $3.31.
  • One year ago, diesel prices averaged $3.55 in Iowa.
  • The current Iowa diesel price is 21 cents lower than the national average of $3.52.
• The current Des Moines Terminal/Rack Prices are $1.98 for U87-E10, $2.30 for Unleaded 87 (clear), $2.15 for ULSD#2, $2.41 for ULSD#1, and $1.93 per gallon for E-70 prices.

Heating Fuels

• Natural gas prices were up $.10 at the Henry Hub reporting site and are currently priced at $3.72 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.