DES MOINES — The price of regular unleaded gasoline rose 4 cents from last week’s price and is currently averaging $2.96 across Iowa according to AAA.
Crude Oil Summary
- The price of global crude oil fell this week on the West Texas Intermediate (WTI) by $3.98 per barrel over last week, currently priced at $65.74.
- Brent crude oil fell by $4.79 and is currently priced at $68.21.
- One year ago, WTI crude sold for $74.60 and Brent crude was $76.62.
Motor Fuels
- As of Wednesday, the price of regular unleaded gasoline averaged $2.96 across Iowa according to AAA.
- Prices rose 4 cents from last week’s price and are down 29 cents from a year ago.
- The national average on Wednesday was $3.17, up 3 cents from last week’s price.
- Retail diesel prices in Iowa rose 1 cent this week with a statewide average of $3.56.
- One year ago, diesel prices averaged $3.51 in Iowa.
- The current Iowa diesel price is 18 cents lower than the national average of $3.74.
- The current Des Moines Terminal/Rack Prices are $2.00 for U87-E10, $2.32 for Unleaded 87 (clear), $2.41 for ULSD#2, $2.68 for ULSD#1, and $1.91 per gallon for E-70 prices.
Heating Fuels
- Natural gas prices were up 2 cents at the Henry Hub reporting site and are currently priced at $3.04 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.