DES MOINES — The price of regular unleaded gasoline fell 5 cents, averaging $2.80 across Iowa according to AAA.

Crude Oil Summary

• The price of global crude oil fell this week on the West Texas Intermediate (WTI) by $3.67 per barrel over last week, currently priced at $68.52.
• Brent crude oil fell by $3.32 and is currently priced at $72.21.
• One year ago, WTI crude sold for $78.86 and Brent crude was $84.09.

Motor Fuels

• As of Wednesday, the price of regular unleaded gasoline averaged $2.80 across Iowa according to AAA.
  • Prices fell 5 cents from last week’s price and are down 25 cents from a year ago.
  • The national average on Wednesday was $3.08, down 3 cents from last week’s price.
• Retail diesel prices in Iowa fell 3 cents this week with a statewide average of $3.31.
  • One year ago, diesel prices averaged $4.30 in Iowa.
  • The current Iowa diesel price is 24 cents lower than the national average of $3.55.
• Wholesale ethanol held steady and is currently priced at $2.16.
• The current Des Moines Terminal/Rack Prices are $1.79 for U87-E10, $2.00 for Unleaded 87 (clear), $2.18 for ULSD#2, $2.44 for ULSD#1, and $1.78 per gallon for E-70 prices.

Heating Fuels

• Natural gas prices rose 22 cents at the Henry Hub reporting site and are currently priced at $2.98/MMbtu.
• Propane prices averaged $1.54 per gallon in Iowa.
• Home heating oil prices had a statewide average of $2.80 per gallon.

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