DES MOINES – The price of regular unleaded gasoline held steady, averaging $3.28 across Iowa according to AAA.
Crude Oil Summary
The price of global crude oil rose this week on the West Texas Intermediate (WTI) by $.11 per barrel over last week, currently priced at $82.67.
Brent crude oil fell by $.52 and is currently priced at $84.96.
One year ago, WTI crude sold for $74.15 and Brent crude was at $77.80.
Motor Fuels
As of Wednesday, the price of regular unleaded gasoline averaged $3.28 across Iowa according to AAA.
Prices held steady from last week’s price and are down 5 cents from a year ago.
The national average on Wednesday was $3.51, down 3 cents from last week’s price.
Retail diesel prices in Iowa fell 3 cents this week with a statewide average of $3.55.
One year ago, diesel prices averaged $3.58 in Iowa.
The current Iowa diesel price is 30 cents lower than the national average of $3.85.
Wholesale ethanol held steady and is currently priced at $2.16.
The current Des Moines Terminal/Rack Prices are $2.29 for U87-E10, $2.59 for Unleaded 87 (clear), $2.43 for ULSD#2, $2.67 for ULSD#1, and $2.15 per gallon for E-70 prices.
Heating Fuels
Natural gas prices fell 21 cents at the Henry Hub reporting site and are currently priced at $2.06/MMbtu.
Continuing throughout the summer months, we will only report retail heating oil and propane prices in Iowa once a month.
Tips for saving energy on the road or at home are available at energy.gov and fueleconomy.gov.