DES MOINES — The price of regular unleaded gasoline rose 14 cents from last week’s price and is currently averaging $2.51 across Iowa according to AAA.
Crude Oil Summary
- The price of global crude oil rose this week on the West Texas Intermediate (WTI) by $5.28 per barrel, and is currently priced at $61.65.
- Brent crude oil rose by $5.84 and is currently priced at $66.07.
- One year ago, WTI crude sold for $78.20 and Brent crude was $82.39.
Motor Fuels
- As of Wednesday, the price of regular unleaded gasoline averaged $2.51 across Iowa according to AAA.
- Prices rose 14 cents from last week’s price and are down 37 cents from a year ago.
- The national average on Wednesday was $2.84, up 2 cents from last week’s price.
- Retail diesel prices in Iowa fell 5 cents this week with a statewide average of $3.20.
- One year ago, diesel prices averaged $3.35 in Iowa.
- The current Iowa diesel price is 31 cents lower than the national average of $3.51.
- The current Des Moines Terminal/Rack Prices are $1.68 for U87-E10, $1.90 for Unleaded 87 (clear), $2.11 for ULSD#2, $2.43 for ULSD#1, and $1.72 per gallon for E-70 prices.
Heating Fuels
- Natural gas prices were down 41 cents at the Henry Hub reporting site and are currently priced at $3.09 MMbtu.
- Propane prices averaged $1.57 per gallon in Iowa.
- Home heating oil prices had a statewide average of $2.67 per gallon.
Tips for saving energy on the road or at home are available at energy.gov and fueleconomy.gov.
