DES MOINES — The price of regular unleaded gasoline rose 2 cents from last week’s price and is currently averaging $2.95 across Iowa according to AAA.
Crude Oil Summary
- The price of global crude oil fell this week on the West Texas Intermediate (WTI) by $1.48 per barrel over last week, currently priced at $65.07.
- Brent crude oil fell by $0.34 and is currently priced at $68.33.
- One year ago, WTI crude sold for $78.24 and Brent crude was $82.20.
Motor Fuels
- As of Wednesday, the price of regular unleaded gasoline averaged $2.95 across Iowa according to AAA.
- Prices rose 2 cents from last week’s price and are down 34 cents from a year ago.
- The national average on Wednesday was $3.16, remaining unchanged from last week’s price.
- Retail diesel prices in Iowa rose 5 cents this week with a statewide average of $3.58.
- One year ago, diesel prices averaged $3.53 in Iowa.
- The current Iowa diesel price is 16 cents lower than the national average of $3.74.
- The current Des Moines Terminal/Rack Prices are $1.97 for U87-E10, $2.30 for Unleaded 87 (clear), $2.57 for ULSD#2, $2.82 for ULSD#1, and $1.93 per gallon for E-70 prices.
Heating Fuels
- Natural gas prices were down 44 cents at the Henry Hub reporting site and are currently priced at $3.09 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.