DES MOINES — The price of regular unleaded gasoline rose 2 cents, averaging $2.95 across Iowa according to AAA.
Crude Oil Summary
- The price of global crude oil fell this week on the West Texas Intermediate (WTI) by $.16 per barrel over last week, currently priced at $61.89.
- Brent crude oil fell by $.37 and is currently priced at $65.00.
- One year ago, WTI crude sold for $80.90 and Brent crude was $81.34.
Motor Fuels
- As of Wednesday, the price of regular unleaded gasoline averaged $2.95 across Iowa according to AAA.
- Prices rose 2 cents from last week’s price and are down 32 cents from a year ago.
- The national average on Wednesday was $3.16, down 2 cents from last week’s price.
- Retail diesel prices in Iowa fell 2 cents this week with a statewide average of $3.32.
- One year ago, diesel prices averaged $3.58 in Iowa.
- The current Iowa diesel price is 22 cents lower than the national average of $3.54.
- The current Des Moines Terminal/Rack Prices are $1.98 for U87-E10, $2.32 for Unleaded 87 (clear), $2.16 for ULSD#2, $2.41 for ULSD#1, and $1.97 per gallon for E-70 prices.
Heating Fuels
- Natural gas prices were up $.24 at the Henry Hub reporting site and are currently priced at $3.62 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.