DES MOINES — The price of regular unleaded gasoline fell 10 cents from last week’s price and is currently averaging $2.65 across Iowa according to AAA.
Crude Oil Summary
- The price of global crude oil rose this week on the West Texas Intermediate (WTI) by $1.61 per barrel, and is currently priced at $59.12.
- Brent crude oil rose by $1.05 and is currently priced at $62.81.
- One year ago, WTI crude sold for $70.15 and Brent crude was $74.80.
Motor Fuels
- As of Wednesday, the price of regular unleaded gasoline averaged $2.65 across Iowa according to AAA.
- Prices fell 10 cents from last week’s price and are down 3 cents from a year ago.
- The national average on Wednesday was $3.00, down 6 cents from last week’s price.
- Retail diesel prices in Iowa fell 6 cents this week with a statewide average of $3.61.
- One year ago, diesel prices averaged $3.28 in Iowa.
- The current Iowa diesel price is 12 cents lower than the national average of $3.73.
- The current Des Moines Terminal/Rack Prices are $1.63 for U87-E10, $1.89 for Unleaded 87 (clear), $2.14 for ULSD#2, $2.61 for ULSD#1, and $1.87 per gallon for E-70 prices.
Heating Fuels
- Natural gas prices were up 55 cents at the Henry Hub reporting site and are currently priced at $5.00 MMbtu.
- Propane prices averaged $1.54 per gallon in Iowa.
- Home heating oil prices had a statewide average of $3.17 per gallon.
Tips for saving energy on the road or at home are available at energy.gov and fueleconomy.gov.
