Gas prices are easing slightly across Iowa this week.
According to AAA, the average price for regular unleaded gasoline dropped four cents from last week, now sitting at $3.31 per gallon statewide. Despite the weekly dip, prices remain about 30 cents higher than this time last year. Nationally, gas prices are moving in the opposite direction, climbing 14 cents over the past week to reach an average of $3.98 per gallon.
Crude oil prices also saw a notable decline. West Texas Intermediate crude fell $8.53 per barrel this week, bringing it to $90.54. Brent crude dropped $7.25, now priced at $101.66 per barrel. For comparison, a year ago WTI crude was selling for $69.48, while Brent crude stood at $73.78.
Meanwhile, diesel prices in Iowa are on the rise. The statewide average jumped 22 cents this week to $4.85 per gallon. That’s significantly higher than the $3.33 average recorded one year ago.
Tips for saving energy on the road or at home are available at energy.gov and fueleconomy.gov.