DES MOINES — The price of regular unleaded gasoline fell 5 cents from last week’s price and is currently averaging $2.76 across Iowa according to AAA.
Crude Oil Summary
- The price of global crude oil fell this week on the West Texas Intermediate (WTI) by $1.40 per barrel, and is currently priced at $58.76.
- Brent crude oil fell by $1.06 and is currently priced at $62.99.
- One year ago, WTI crude sold for $68.43 and Brent crude was $72.56.
Motor Fuels
- As of Wednesday, the price of regular unleaded gasoline averaged $2.76 across Iowa according to AAA.
- Prices fell 5 cents from last week’s price and are down 5 cents from a year ago.
- The national average on Wednesday was $3.08, unchanged from last week’s price.
- Retail diesel prices in Iowa rose 17 cents this week with a statewide average of $3.76.
- One year ago, diesel prices averaged $3.31 in Iowa.
- The current Iowa diesel price is the same as the national average of $3.76.
- The current Des Moines Terminal/Rack Prices are $1.82 for U87-E10, $2.03 for Unleaded 87 (clear), $2.67 for ULSD#2, $2.95 for ULSD#1, and $1.96 per gallon for E-70 prices.
Heating Fuels
- Natural gas prices were up 23 cents at the Henry Hub reporting site and are currently priced at $4.50 MMbtu.
- Propane prices averaged $1.53 per gallon in Iowa.
- Home heating oil prices had a statewide average of $3.27 per gallon.
Tips for saving energy on the road or at home are available at energy.gov and fueleconomy.gov.
