(Des Moines) According to AAA, the price of regular unleaded gasoline held steady, averaging $2.89 across Iowa and 20 cents higher than one year ago. The national average on Wednesday was $3:23, up four cents from last week.
Retail diesel prices in Iowa rose 5 cents this week with a statewide average of $3.44. One year ago, diesel prices averaged $3.58 in Iowa. The current Iowa diesel price is 23 cents lower than the national average of $3.67.
Wholesale ethanol held steady and is currently priced at $2.16.
The price of global crude oil, currently at $75.55 on the West Texas Intermediate (WTI), fell this week by $2.65 per barrel over last week. Brent crude oil fell by $1.25 and is currently priced at $79.08.One year ago, WTI crude was sold for $75.26, and Brent crude was $81.70.
Natural gas prices were up $.14 at the Henry Hub reporting site and are currently priced at $3.89/MMbtu. Propane prices averaged $1.67 per gallon in Iowa. Home heating oil prices had a statewide average of $3.04 per gallon.
