DES MOINES — The price of regular unleaded gasoline fell 1 cent, 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 $3.41 per barrel over last week, currently priced at $58.51.
• Brent crude oil fell by $2.58 and is currently priced at $63.18.
• One year ago, WTI crude sold for $83.49 and Brent crude was $88.23.

Motor Fuels

• As of Wednesday, the price of regular unleaded gasoline averaged $2.97 across Iowa according to AAA.
  • Prices fell 1 cent from last week’s price and are down 29 cents from a year ago.
  • The national average on Wednesday was $3.18, up 1 cent from last week’s price.
• Retail diesel prices in Iowa fell 3 cents this week with a statewide average of $3.34.
  • One year ago, diesel prices averaged $3.72 in Iowa.
  • The current Iowa diesel price is 22 cents lower than the national average of $3.56.
• The current Des Moines Terminal/Rack Prices are $2.01 for U87-E10, $2.44 for Unleaded 87 (clear), $2.23 for ULSD#2, $2.47 for ULSD#1, and $1.95 per gallon for E-70 prices.

Heating Fuels

• Natural gas prices were up $.25 at the Henry Hub reporting site and are currently priced at $3.32 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.