DES MOINES — The price of regular unleaded gasoline dropped 4 cents from last week’s price and is currently averaging $2.99 across Iowa according to AAA.

Crude Oil Summary

• The price of global crude oil rose this week on the West Texas Intermediate (WTI) by $0.66 per barrel over last week, currently priced at $65.67.
• Brent crude oil dropped by $0.37 and is currently priced at $67.40.
• One year ago, WTI crude sold for $84.09 and Brent crude was $88.28.

Motor Fuels

• As of Wednesday, the price of regular unleaded gasoline averaged $2.99 across Iowa according to AAA.
  • Prices dropped 4 cents from last week’s price and are down 33 cents from a year ago.
  • The national average on Wednesday was $3.17, down 3 cents from last week’s price.
• Retail diesel prices in Iowa dropped 3 cents this week with a statewide average of $3.57.
  • One year ago, diesel prices averaged $3.56 in Iowa.
  • The current Iowa diesel price is 12 cents lower than the national average of $3.69.
• The current Des Moines Terminal/Rack Prices are $1.94 for U87-E10, $2.29 for Unleaded 87 (clear), $2.38 for ULSD#2, $2.63 for ULSD#1, and $1.86 per gallon for E-70 prices.

Heating Fuels

• Natural gas prices were down 14 cents at the Henry Hub reporting site and are currently priced at $3.47 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.