(Des Moines) According to AAA, the price of regular unleaded gasoline rose two cents, averaging $2.98 across Iowa. This is 12 cents lower than last week. The national average price was $3.11, down two cents from last week’s price.
Retail diesel prices in Iowa fell three cents this week with a statewide average of $3.41. One year ago, diesel prices averaged $3.77 in Iowa. The current Iowa diesel price is 25 cents lower than the national average of $3.66.
Wholesale ethanol held steady and is currently priced at $2.16.
The price of global crude oil fell this week on the West Texas Intermediate (WTI) by $2.41 per barrel over last week. It is currently priced at $66.51. Brent crude oil fell by $3.28 and is currently priced at $69.60. One year ago, WTI crude sold for $79.11, and Brent crude was $85.82.
Natural gas prices were up $.35 at the Henry Hub reporting site and are currently priced at $4.34 MMbtu.. Propane prices averaged $1.66 per gallon in Iowa.
Home heating oil prices had a statewide average of $3.03 per gallon.
