DES MOINES — The price of regular unleaded gasoline fell 2 cents, averaging $2.95 across Iowa according to AAA.

Crude Oil Summary

• The price of global crude oil rose this week on the West Texas Intermediate (WTI) by $1.08 per barrel over last week, currently priced at $72.25.
• Brent crude oil rose by $1.34 and is currently priced at $76.02.
• One year ago, WTI crude sold for $77.34 and Brent crude was $83.88.

Motor Fuels

• As of Wednesday, the price of regular unleaded gasoline averaged $2.95 across Iowa according to AAA.
  • Prices fell 2 cents from last week’s price and are up 4 cents from a year ago.
  • The national average on Wednesday was $3.15, up 2 cents from last week’s price.
• Retail diesel prices in Iowa fell 2 cents this week with a statewide average of $3.45.
  • One year ago, diesel prices averaged $3.78 in Iowa.
  • The current Iowa diesel price is 22 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 $2.14 for U87-E10, $2.31 for Unleaded 87 (clear), $2.40 for ULSD#2, $2.63 for ULSD#1, and $1.96 per gallon for E-70 prices.

Heating Fuels

• Natural gas prices were up $.26 at the Henry Hub reporting site and are currently priced at $3.54/MMbtu.
• Propane prices averaged $1.67 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.