The price of regular unleaded gasoline fell 10 cents, averaging $3.82 across Iowa according to AAA.
Crude Oil Summary
- The price of global crude oil rose this week on the West Texas Intermediate (WTI) by $2.12 per barrel over last week, currently priced at $91.10.
- Brent crude oil rose $1.53 and is currently priced at $93.78.
- One year ago, WTI crude sold for $84.45 and Brent crude was at $89.62.
Motor Fuels
- As of Wednesday, the price of regular unleaded gasoline averaged $3.82 across Iowa according to AAA.
- Prices fell 10 cents from last week’s price and are up 27 cents from a year ago.
- The national average on Wednesday was $3.88, up 3 cents from last week’s price.
- Retail diesel prices in Iowa rose 6 cents this week with a statewide average of $4.33.
- One year ago, diesel prices averaged $4.79 in Iowa.
- The current Iowa diesel price is 26 cents less than the national average of $4.59.
- Wholesale ethanol held steady and is currently priced at $2.16.
- The current Des Moines Terminal/Rack Prices are $2.61 for U87-E10, $3.07 for Unleaded 87 (clear), $3.46 for ULSD#2, $3.97 for ULSD#1, and $2.53 per gallon for E-70 prices.
Heating Fuels
- Propane prices fell 27 cents with a statewide average of $1.50 per gallon.
- Home heating oil prices rose 37 cents, with a statewide average of $3.86 per gallon.
- Natural gas prices fell 1 cent at the Henry Hub reporting site and are currently priced at $2.75/MMbtu
Tips for saving energy on the road or at home are available at energy.gov and fueleconomy.gov.