DES MOINES, Iowa (Mar. 4, 2026) – The price of regular unleaded gasoline rose 34 cents from last week’s price and is currently averaging $2.93 across Iowa according to AAA.
Crude Oil Summary
- The price of global crude oil rose this week on the West Texas Intermediate (WTI) by $9.46 per barrel, and is currently priced at $74.92.
- Brent crude oil rose by $10.86 and is currently priced at $81.64.
- One year ago, WTI crude sold for $68.47 and Brent crude was $72.31.
Motor Fuels
- As of Wednesday, the price of regular unleaded gasoline averaged $2.93 across Iowa according to AAA.
- Prices rose 34 cents from last week’s price and are up 2 cents from a year ago.
- The national average on Wednesday was $3.20, up 22 cents from last week’s price.
- Retail diesel prices in Iowa rose 37 cents this week with a statewide average of $3.90.
- One year ago, diesel prices averaged $3.39 in Iowa.
- The current Iowa diesel price is 14 cents lower than the national average of $4.04.
- The current Des Moines Terminal/Rack Prices are $2.13 for U87-E10, $2.49 for Unleaded 87 (clear), $2.98 for ULSD#2, $3.18 for ULSD#1, and $2.02 per gallon for E-70 prices.
Heating Fuels
- Natural gas prices were up 2 cents at the Henry Hub reporting site and are currently priced at $2.94 MMbtu.
- Propane prices averaged $1.61 per gallon in Iowa.
- Home heating oil prices had a statewide average of $3.22 per gallon.
Tips for saving energy on the road or at home are available at energy.gov and fueleconomy.gov.