• The price of global crude oil fell this week on the West Texas Intermediate (WTI) by $1.87 per barrel, and is currently priced at $56.25.
• Brent crude oil fell by $1.88 and is currently priced at $59.91.
• One year ago, WTI crude sold for $70.31 and Brent crude was $73.16.

Motor Fuels

• As of Wednesday, the price of regular unleaded gasoline averaged $2.48 across Iowa according to AAA.
  • Prices fell 5 cents from last week’s price and are down 21 cents from a year ago.
  • The national average on Wednesday was $2.91, down 3 cents from last week’s price.
• Retail diesel prices in Iowa fell 11 cents this week with a statewide average of $3.39.
  • One year ago, diesel prices averaged $3.25 in Iowa.
  • The current Iowa diesel price is 25 cents lower than the national average of $3.64.
• The current Des Moines Terminal/Rack Prices are $1.47 for U87-E10, $1.69 for Unleaded 87 (clear), $1.95 for ULSD#2, $2.65 for ULSD#1, and $1.72 per gallon for E-70 prices.

Heating Fuels

• Natural gas prices were down 62 cents at the Henry Hub reporting site and are currently priced at $3.99 MMbtu.
• Propane prices averaged $1.55 per gallon in Iowa.
• Home heating oil prices had a statewide average of $2.93 per gallon.

Tips for saving energy on the road or at home are available at energy.gov and fueleconomy.gov.