DES MOINES — The price of regular unleaded gasoline fell 4 cents from last week’s price and is currently averaging $3.31 across Iowa according to AAA.
Crude Oil Summary
- The price of global crude oil fell this week on the West Texas Intermediate (WTI) by $8.53 per barrel, and is currently priced at $90.54.
- Brent crude oil fell by $7.25 cents and is currently priced at $101.66.
- One year ago, WTI crude sold for $69.48 and Brent crude was $73.78.
Motor Fuels
- As of Wednesday, the price of regular unleaded gasoline averaged $3.31 across Iowa according to AAA.
- Prices fell 4 cents from last week’s price and are up 30 cents from a year ago.
- The national average on Wednesday was $3.98, up 14 cents from last week’s price.
- Retail diesel prices in Iowa rose 22 cents this week with a statewide average of $4.85.
- One year ago, diesel prices averaged $3.33 in Iowa.
- The current Iowa diesel price is 148 cents lower than the national average of $3.37.
- The current Des Moines Terminal/Rack Prices are $2.49 for U87-E10, $2.90 for Unleaded 87 (clear), $3.56 for ULSD#2, $3.69 for ULSD#1, and $2.28 per gallon for E-70 prices.
Heating Fuels
- Natural gas prices were down 11 cents at the Henry Hub reporting site and are currently priced at $2.93 MMbtu.
- Propane prices averaged $1.62 per gallon in Iowa.
- Home heating oil prices had a statewide average of $4.36 per gallon.
Tips for saving energy on the road or at home are available at energy.gov and fueleconomy.gov.
