DES MOINES — The price of regular unleaded gasoline fell 5 cents, averaging $2.96 across Iowa according to AAA.

Crude Oil Summary

• The price of global crude oil rose this week on the West Texas Intermediate (WTI) by $.83 per barrel over last week, currently priced at $71.32.
• Brent crude oil rose by $1.35 and is currently priced at $75.58.
• One year ago, WTI crude sold for $85.49 and Brent crude was $91.88.

Motor Fuels

• As of Wednesday, the price of regular unleaded gasoline averaged $2.96 across Iowa according to AAA.
  • Prices fell 5 cents from last week’s price and are down 35 cents from a year ago.
  • The national average on Wednesday was $3.16, down 4 cents from last week’s price.
• Retail diesel prices in Iowa fell 1 cent this week with a statewide average of $3.43.
  • One year ago, diesel prices averaged $4.62 in Iowa.
  • The current Iowa diesel price is 16 cents lower than the national average of $3.59.
• Wholesale ethanol held steady and is currently priced at $2.16.
• The current Des Moines Terminal/Rack Prices are $2.04 for U87-E10, $2.28 for Unleaded 87 (clear), $2.27 for ULSD#2, $2.55 for ULSD#1, and $1.85 per gallon for E-70 prices.

Heating Fuels

• Natural gas prices fell 10 cents at the Henry Hub reporting site and are currently priced at $2.31/MMbtu.
• Propane prices averaged $1.54 per gallon in Iowa.
• Home heating oil prices had a statewide average of $2.86 per gallon.

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