DES MOINES — The price of regular unleaded gasoline fell 6 cents, averaging $3.07 across Iowa according to AAA.
Crude Oil Summary
- The price of global crude oil fell this week on the West Texas Intermediate (WTI) by $14.07 per barrel over last week, currently priced at $57.38.
- Brent crude oil fell by $13.99 and is currently priced at $60.63.
- One year ago, WTI crude sold for $86.04 and Brent crude was $92.13.
Motor Fuels
- As of Wednesday, the price of regular unleaded gasoline averaged $3.07 across Iowa according to AAA.
- Prices fell 6 cents from last week’s price and are down 22 cents from a year ago.
- The national average on Wednesday was $3.24, steady from last week’s price.
- Retail diesel prices in Iowa fell 4 cents this week with a statewide average of $3.38.
- One year ago, diesel prices averaged $3.79 in Iowa.
- The current Iowa diesel price is 25 cents lower than the national average of $3.63.
- Wholesale ethanol held steady and is currently priced at $2.16.
- The current Des Moines Terminal/Rack Prices are $2.07 for U87-E10, $2.33 for Unleaded 87 (clear), $2.20 for ULSD#2, $2.44 for ULSD#1, and $1.94 per gallon for E-70 prices.
Heating Fuels
- Natural gas prices were down $.52 at the Henry Hub reporting site and are currently priced at $3.54 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.
