DES MOINES — The price of regular unleaded gasoline fell 9 cents, averaging $2.98 across Iowa according to AAA.

Crude Oil Summary

• The price of global crude oil rose this week on the West Texas Intermediate (WTI) by $5.19 per barrel over last week, currently priced at $62.57.
• Brent crude oil rose by $5.21 and is currently priced at $65.84.
• One year ago, WTI crude sold for $86.15 and Brent crude was $91.29.

Motor Fuels

• As of Wednesday, the price of regular unleaded gasoline averaged $2.98 across Iowa according to AAA.
  • Prices fell 9 cents from last week’s price and are down 34 cents from a year ago.
  • The national average on Wednesday was $3.17, down 7 cents from last week’s price.
• Retail diesel prices in Iowa fell 3 cents this week with a statewide average of $3.35.
  • One year ago, diesel prices averaged $3.77 in Iowa.
  • The current Iowa diesel price is 24 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 $2.02 for U87-E10, $2.31 for Unleaded 87 (clear), $2.24 for ULSD#2, $2.48 for ULSD#1, and $1.95 per gallon for E-70 prices.

Heating Fuels

• Natural gas prices were down $.27 at the Henry Hub reporting site and are currently priced at $3.27 MMbtu.
• We will continue reporting retail heating oil and propane prices in Iowa in October.

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