Weekly Fuel Report, May 6th

DES MOINES, Iowa (May 6, 2026)The price of regular unleaded gasoline rose 39 cents from last week’s price and is currently averaging $4.23 across Iowa according to AAA.

Crude Oil Summary

  • The price of global crude oil fell this week on the West Texas Intermediate (WTI) by $10.19 per barrel, and is currently priced at $95.02.
  • Brent crude oil fell by $15.26 and is currently priced at $101.94.
  • One year ago, WTI crude sold for $60.42 and Brent crude was $62.37.

Motor Fuels

  • As of Wednesday, the price of regular unleaded gasoline averaged $4.23 across Iowa according to AAA.
    • Prices rose 39 cents from last week’s price and are up $1.30 from a year ago.
    • The national average on Wednesday was $4.54, up 31 cents from last week’s price.
  • Retail diesel prices in Iowa rose 46 cents this week with a statewide average of $5.40.
    • One year ago, diesel prices averaged $3.31 in Iowa.
    • The current Iowa diesel price is 27 cents lower than the national average of $5.67.
  • The current Des Moines Terminal/Rack Prices are $3.22 for U87-E10, $3.67 for Unleaded 87 (clear), $4.25 for ULSD#2, $4.40 for ULSD#1, and $2.58 per gallon for E-70 prices.

Heating Fuels

  • Natural gas prices were up 7 cents at the Henry Hub reporting site and are currently priced at $2.72 MMbtu.
  • We will continue reporting retail heating oil and propane prices in Iowa in October.

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