The price of regular unleaded gasoline rose 34 cents from last week’s price and is currently averaging $4.13 across Iowa according to AAA.
Crude Oil Summary
- The price of global crude oil rose this week on the West Texas Intermediate (WTI) by $2.08 per barrel, and is currently priced at $85.31.
- Brent crude oil rose by $2.55 and is currently priced at $91.43.
- One year ago, WTI crude sold for $63.38 and Brent crude was $66.62.
Motor Fuels
- As of Wednesday, the price of regular unleaded gasoline averaged $4.13 across Iowa according to AAA.
- Prices rose 34 cents from last week’s price and are up $1.24 from a year ago.
- The national average on Wednesday was $4.09, up 5 cents from last week’s price.
- Retail diesel prices in Iowa rose 20 cents this week with a statewide average of $5.25.
- One year ago, diesel prices averaged $3.52 in Iowa.
- The current Iowa diesel price is 25 cents lower than the national average of $5.50.
- The current Des Moines Terminal/Rack Prices are $3.08 for U87-E10, $3.56 for Unleaded 87 (clear), $4.23 for ULSD#2, $4.46 for ULSD#1, and $2.50 per gallon for E-70 prices.
Heating Fuels
- Natural gas prices were up 5 cents at the Henry Hub reporting site and are currently priced at $2.85 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.
