DES MOINES — The price of regular unleaded gasoline rose 2 cents, averaging $2.97 across Iowa according to AAA.

Crude Oil Summary

• The price of global crude oil fell this week on the West Texas Intermediate (WTI) by $2.12 per barrel over last week, currently priced at $71.17.
• Brent crude oil fell by $2.45 and is currently priced at $74.68.
• One year ago, WTI crude sold for $73.21 and Brent crude was $79.30.

Motor Fuels

• As of Wednesday, the price of regular unleaded gasoline averaged $2.97 across Iowa according to AAA.
  • Prices rose 2 cents from last week’s price and are up 13 cents from a year ago.
  • The national average on Wednesday was $3.13, up 1 cent from last week’s price.
• Retail diesel prices in Iowa rose 5 cents this week with a statewide average of $3.47.
  • One year ago, diesel prices averaged $3.53 in Iowa.
  • The current Iowa diesel price is 20 cents lower than the national average of $3.67.
• Wholesale ethanol held steady and is currently priced at $2.16.
• The current Des Moines Terminal/Rack Prices are $2.10 for U87-E10, $2.27 for Unleaded 87 (clear), $2.40 for ULSD#2, $2.64 for ULSD#1, and $1.96 per gallon for E-70 prices.

Heating Fuels

• Natural gas prices were up $.16 at the Henry Hub reporting site and are currently priced at $3.28/MMbtu.
• Propane prices averaged $1.68 per gallon in Iowa.
• Home heating oil prices had a statewide average of $3.03 per gallon.

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