DES MOINES — The price of regular unleaded gasoline rose 4 cents from last week’s price and is currently averaging $2.54 across Iowa according to AAA.
Crude Oil Summary
- The price of global crude oil rose this week on the West Texas Intermediate (WTI) by $1.95 per barrel and is currently priced at $65.29.
- Brent crude oil rose by $2.64 and is currently priced at $70.20.
- One year ago, WTI crude sold for $73.67 and Brent crude was $77.65.
Motor Fuels
- As of Wednesday, the price of regular unleaded gasoline averaged $2.54 across Iowa according to AAA.
- Prices rose 4 cents from last week’s price and are down 42 cents from a year ago.
- The national average on Wednesday was $2.94, up 5 cents from last week’s price.
- Retail diesel prices in Iowa rose 8 cents this week with a statewide average of $3.45.
- One year ago, diesel prices averaged $3.48 in Iowa.
- The current Iowa diesel price is 22 cents lower than the national average of $3.67.
- The current Des Moines Terminal/Rack Prices are $1.60 for U87-E10, $1.83 for Unleaded 87 (clear), $2.35 for ULSD#2, $2.64 for ULSD#1, and $1.74 per gallon for E-70 prices.
Heating Fuels
- Natural gas prices were down 32 cents at the Henry Hub reporting site and are currently priced at $3.15 MMbtu.
- Propane prices averaged $1.63 per gallon in Iowa.
- Home heating oil prices had a statewide average of $2.94 per gallon.
Tips for saving energy on the road or at home are available at energy.gov and fueleconomy.gov.
