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 fell this week on the West Texas Intermediate (WTI) by $3.93 per barrel over last week, currently priced at $68.92.
• Brent crude oil fell by $3.79 and is currently priced at $72.88.
• One year ago, WTI crude sold for $78.53 and Brent crude was $84.01.

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 3 cents from a year ago.
  • The national average on Wednesday was $3.13, down 3 cents from last week’s price.
• Retail diesel prices in Iowa fell 2 cents this week with a statewide average of $3.44.
  • One year ago, diesel prices averaged $3.81 in Iowa.
  • The current Iowa diesel price is 24 cents lower than the national average of $3.68.
• Wholesale ethanol held steady and is currently priced at $2.16.
• The current Des Moines Terminal/Rack Prices are $2.03 for U87-E10, $2.20 for Unleaded 87 (clear), $2.31 for ULSD#2, $2.55 for ULSD#1, and $1.93 per gallon for E-70 prices.

Heating Fuels

• Natural gas prices were down $.21 at the Henry Hub reporting site and are currently priced at $3.99 MMbtu.
• Propane prices averaged $1.69 per gallon in Iowa.
• Home heating oil prices had a statewide average of $3.02 per gallon.

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