Gas prices across Iowa are on the rise this week.
According to AAA, the average price for regular unleaded gasoline increased four cents and is now sitting at $2.54 per gallon statewide. That’s 42 cents lower than this time last year. The national average climbed five cents over the past week to $2.94 per gallon.
Diesel prices also moved higher. Retail diesel in Iowa rose eight cents, bringing the statewide average to $3.45 per gallon. That’s three cents lower than a year ago and 22 cents below the current national average of $3.67.
In crude oil markets, West Texas Intermediate crude increased $1.95 this week to $65.29 per barrel. Brent crude rose $2.64 to $70.20 per barrel. One year ago, WTI was selling for $73.67, while Brent crude was at $77.65.
At the Des Moines terminal, rack prices are $1.60 for U87-E10, $1.83 for clear unleaded 87, $2.35 for ultra-low sulfur diesel number two, $2.64 for ultra-low sulfur diesel number one, and $1.74 per gallon for E-70.
As for home heating fuels, natural gas prices fell 32 cents at the Henry Hub to $3.15 per million BTUs. Propane in Iowa is averaging $1.63 per gallon, while home heating oil has a statewide average of $2.94 per gallon.
More tips for saving energy at home or on the road can be found at energy.gov and fueleconomy.gov.