DES MOINES — The price of regular unleaded gasoline rose 7 cents, averaging $2.98 across Iowa according to AAA.

Crude Oil Summary

• The price of global crude oil fell this week on the West Texas Intermediate (WTI) by $.38 per barrel over last week, currently priced at $66.89.
• Brent crude oil rose by $.11 and is currently priced at $70.57.
• One year ago, WTI crude sold for $84.39 and Brent crude was $87.36.

Motor Fuels

• As of Wednesday, the price of regular unleaded gasoline averaged $2.98 across Iowa according to AAA.
  • Prices rose 7 cents from last week’s price and are down 26 cents from a year ago.
  • The national average on Wednesday was $3.10, up 2 cents from last week’s price.
• Retail diesel prices in Iowa fell 2 cents this week with a statewide average of $3.33.
  • One year ago, diesel prices averaged $3.79 in Iowa.
  • The current Iowa diesel price is 27 cents lower than the national average of $3.60.
• Wholesale ethanol held steady and is currently priced at $2.16.
• The current Des Moines Terminal/Rack Prices are $2.21 for U87-E10, $2.43 for Unleaded 87 (clear), $2.27 for ULSD#2, $2.52 for ULSD#1, and $1.96 per gallon for E-70 prices.

Heating Fuels

• Natural gas prices were down $.04 at the Henry Hub reporting site and are currently priced at $4.15 MMbtu.
• Propane prices averaged $1.65 per gallon in Iowa.
• Home heating oil prices had a statewide average of $2.84 per gallon.

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